Agar aapko long term capital gains tax samajhna hai, to uske liye aapko capital gains ko samajhna hoga. Long term capital gains kya hote hain yah samajhna hai to aapko capital assets kya hote hain vah samajh Na hoga.
Capital assets ko bechne ke baad aap Jo bhi profits kamate Hain unn profits ko capital gains kahate Hain. We will discuss what are different capital assets in some detail. Yah bhi discuss karenge ki equity funds per, aur dusre capital assets per alag alag capital gains tax kaisa lagta hai. Some other rules are also different for different capital assets. We will discuss that as well.
Short term capital gains aur long term capital gains mein kya farak hai ham yah bhi charcha karenge. We will end this episode by discussing how you can decrease your long term capital gains tax by using certain strategies.
Let's begin our discussion by discussing capital assets. Capital assets’ examples include: land, homes, cars, debt bonds, equity funds, and other financial securities. Capital assets unn property items ko kahate Hain jinka value appreciate ho sakta hai, aur depreciate bhi ho sakta hai. Capital assets can be movable, like a car, and they can be immovable, like a bungalow. A capital asset can be tangible, like a Gold bullion, and it can be intangible, like a financial derivative. Capital assets can be fixed, and they can be in circulation. Keep this broad understanding of a capital asset in mind for the rest of the podcast.
Capital gains are simply gains made by you when you sell or transfer a capital asset. Matlab ki aapane koii stock main apni position, gold options, gaadi, bungalow, apartment, ya phir koi aur capital asset bech ke Jo profit kamaya, usse capital gains kaha jayega.
Equity aur dusre capital assets ko legally alag alag treat Kiya jaata hai. 2018 tak toh rule ye tha ki: agar aap apne positions 1 saal se jyada maintain karte ho, toh unn equities ko bech ke kamaye hue captial gains per tax nahin lagega. That is another way of saying that equities par long term capital gains tax nahin lagta tha. 2018 ke baad ye rule change hua. Agar equities bech ke 1 lakh se zyada ke profits hue, toh phir 10% long term capital gains tax lagna chalu hua.
Hum kuch der mein discuss karenge ki aap iss tax burden ko bhi kaise kam kar sakte hain.
Another difference is that equities become long term capital assets faster than other capital assets. For example, agar aapne Koi immovable property, yaani ke Koi farm land ya phir koii bungalow kharida, toh uss asset ko long term capital asset ban ne mein 2 saal lagenge. On the other hand, equities become long term capital assets if you hold onto them for one year. This is a good opportunity to discuss the difference between long term capital gains and short term capital gains.
Maan lijiye ki aap ne stock market mein kuchh positions ek saal se kam hold kiye. That is,the difference between the moment you invested in a position, and the moment you cashed out of the position, is less than 12 months. Any gains made on this trade will be called short term capital gains. Short term capital gains per 15 percent tax lagta hai. On the other hand, if you hold onto your position for more than one year then your equity holdings become long term capital assets. Agar aap 1 saal ke baad Apne positions clear karte Hain, aur aapke capital gains 1 lakh se kam hai, toh fir iss trade par kuch bhi tax nahin lagega. Agar aapke capital gains 1 lakh se jyada hai, toh 10% long term capital gains tax applicable hai.
Chaliye ab apne long term capital gains tax ko kam kaise karna hai, ye discuss karte Hain. Agar aapke capital gains equities ko chhodkar dusre capital assets se hote hain, toh aap inflation indexation ka benefit le sakte hain. Inflation indexation se capital asset ka purchase price recalculate hota hai, aur thoda uska upward adjustment hota hai. The cost of something bought in the past is artificially lower because of inflation. Indexation se aap inflation ke effects ko include karke apne capital asset ka purchase price re-adjust kar sakte hain.
This will increase your purchase price, and decrease your capital gains. Aapke capital gains kam honge, toh capital gains tax Bhi kam hoga. Using indexation to adjust purchase price is one of the common ways to to decrease the tax burden associated with capital gains.
Tax burden kam karne ke do aur tarike Hain. Let's talk about these two measures next.
First, aap tax loss harvesting kar sakte hain. Imagine that some of your stock market positions are currently trading in loss. That is, their current market price is less than the money you paid to invest in them.
As long as you stay invested in your position, your losses stay unrealized.
Unrealized losses cannot help you offset taxes but realise losses can help you offset taxes. Therefore, aap apni position liquidate karke Apne unrealized losses ko realised losses bana sakte hain. Ab Jo aapke realised losses hue hai ve aap Apne capital gains se deduct karke apna tax burden kam kar sakte hain. Position liquid karke aapka Jo capital free hua hai aap vahi capital ko stock market mein re-invest kar sakte hain. Aap vaise hi sector ki companies mein reinvest kar sakte hain Jahan se aapane apna position liquid Kiya. Therefore, the composition of your portfolio will remain largely unchanged.
Let's discuss the final method to decrease the tax burden associated with capital gains. Humne yah discuss kiya hai ki agar apke long term capital gains 1 lakh se kam hote Hain to aapko unn gains per koi bhi taxes pay karne ki jarurat nahin hai. To benefit from this, traders kabhi kabar Apne profits ek lakh hone se pahle hi Apne positions liquid kar dete Hain. After liquidating their position, they re-invest in the same positions. Therefore they smartly manage to keep their long term capital gains under 1 lakh and decrease their tax burden
चलिए, एंजेल ब्रोकिंग की तरफ से आपको आज के अलविदा. ये podcast शेयर करना ना भूलियेगा - याद रखियेगा की ज्ञान बाटने से बढ़ता है । और फिर अंत में तोह financial markets एक ऐसी university है जिसमे कोई professor नहीं, सब students ही है ।