Rajiv

Blog by Rajiv

Tax on EPF withdrawals

06.09.24 03:30 AM - By Rajiv - Comment(s)

So, you’re thinking about withdrawing from your Provident Fund (PF) account within five years of opening it? Let’s dive into the rules and make it as enjoyable as possible!

The Basics

First things first, if you’ve claimed the 80C deduction in previous ye...

A Quick guide on transition into NRI

22.08.24 04:00 AM - By Rajiv - Comment(s)

Moving abroad for a new job or fresh start is exciting, but understanding the complexities of managing your finances during the transition from resident to non-resident Indian status is essential. This shift impacts investments, banking, and taxation. Here’s a detailed guide ...

LTCG on Property - Old Vs New

15.08.24 04:00 AM - By Rajiv - Comment(s)

Starting from July 23rd, 2024 the change from a 20% LTCG tax rate with indexation benefits to a 12.5% rate without indexation could significantly raise your tax liability from property sales, particularly for those with modest investment appreciation. Investors and property owners...

Income Tax Reporting of F&O and Intra-Day trades

08.08.24 04:00 AM - By Rajiv - Comment(s)

Futures and Options (F&O) Trading and Intra-day Trading are popular among investors in India. However, reporting these transactions in the Income Tax Return (ITR) can be complex. All trading income, including losses, must be reported in income tax returns. The absence of ...

F.I.R.E

18.07.24 05:00 AM - By Rajiv - Comment(s)

The FIRE movement (Financial Independence, Retire Early) is all about achieving financial freedom and retiring earlier than traditional methods allow. Let’s dive into the details:

What Is the FIRE Number?

Your FIRE number represents the amount of money you need to be financially independent and retire...

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