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2 Pro Ideas for Zero Capital Gain Tax for Whole Life 

AKT Associates
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#nri #capitalgainstax #aktassociates
Hi, Don't miss this if you are an NRI and planning to sell property in India
This Channel is dedicated to NRI Friends and planned to help them in, four areas
1) NRI Taxation, DTAA, and FEMA Compliance
2) NRI Property matters
3) NRI Legal matters, such as Will, Inheritance, Family Settlement, etc
4) NRI Investment matters in India
Pls feel free to ask your queries and I will surely study, Consult, and make a Video on that or at least answer in the comment section. Kindly note please Don't leave personal information in the comment section and send such queries to
Client support Team on WhatsApp @ 8080088288 or
on Email - Cs@aktassociates.com, they will help you to answer your common queries and for specific queries, they will arrange an Appointment.
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I strongly recommend going through the channel first as most of the queries I have already answered before paying for consulting.
Some Popular topics and related videos are listed herewith
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11 сен 2024

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Комментарии : 84   
@rakeshbal8660
@rakeshbal8660 Месяц назад
In today's market, Rs. 50 lacs limit on Capital Gains bonds is a joke, especially now with the indexation benefit removed. Even Rs. 50 lac property purchased over ten years ago would sell for maybe Rs. 2 crores. Which means your capital gain would be Rs. 1.50 crores. Even if you invest the Rs. 50 lacs in CAP GAIN Bonds, kindly inform your viewers that first of all, the lock in period is 5 years, and the interest is only 5% (at least at present). If one was to invest the same Rs. 50 lacs in any basic mutual fund or blue chip equity, the average return over 5 years will be average 9 to 10%. The difference between the 5% interest earned in CGBs and other investments in fact is equal to the actual capital gains tax you think you are saving. The government allows no free lunches. The only real way to save some CG tax is to purchase property and pray the CG tax system eases out in a few years.
@consolassoc3450
@consolassoc3450 Месяц назад
Well said!
@4allritesh
@4allritesh Месяц назад
How can u "hope" that any govt will ever reduce tax !? may it be LTCG or xyz ..
@consolassoc3450
@consolassoc3450 Месяц назад
Effectively you don't make any return in Capital gain bond (0% gain or sometimes negative) when it is adjusted to ongoing inflation rate.
@ravis1577
@ravis1577 Месяц назад
To improve the co-ownership clause, you should highlight that co-owning residential property restricts the ability of the co-owners to engage in residential property transactions. Specifically, while two individuals could each own up to two residential properties (totaling four properties), co-ownership limits the total to just two properties. This restriction reduces span (turnover) in residential property transactions. This is not applicable in the case of commercial or business properties, where profit or gain is taxable as business income or other sources as per the applicable rates and no such H.P. benefits are allowed.
@abhijitjacob
@abhijitjacob Месяц назад
6%registration and 2% brokerage on every property deal
@kausikviswanath9786
@kausikviswanath9786 Месяц назад
Your recommendation that multiple owners can lead to reduction in CG tax by investing Rs 50 Lacs each in 54 EC is not correct. The 50 Lacs limit is per transaction ie if Capital gains in a single transaction is over Rs 50 Lacs and there ar 2 owners even then only Rs 25 lacs per person can contribute in 54EC capital gains bond and NOT Rs50 Lacs each.
@kmms11
@kmms11 Месяц назад
Sir, you have knowledge of taxes, but your presentation is not impressive. Even if I repeat your video two-three, it's difficult to understand what your point is - confusing . Poor presentation.
@manzoor9alamkhan238
@manzoor9alamkhan238 Месяц назад
I think I can get benefit of tax free capital gains by buying another house only one time.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thank you for your feedback. We appreciate your input and will definitely consider your suggestions for improving our presentation.
@user-uj2li6jg6s
@user-uj2li6jg6s Месяц назад
We need to pay registration for every property purchase so we are not really saving entire capital gains
@sdatta123
@sdatta123 Месяц назад
Sir , Capital gain bonds in India typically have interest rates between 5% and 5.75% per year, however if you pay the capital gain tax and invest the rest amount in equity for long term, you may expect 12% + return. So which one is more profitable?
@ravirk3549
@ravirk3549 Месяц назад
Under this scenario, and if you consider compounding of these during locking period of capital gain bonds, it makes perfect sense to pay off capital gains tax without any second thought.
@consolassoc3450
@consolassoc3450 Месяц назад
@@ravirk3549 Effectively you don't make any return in Capital gain bond (0% gain or sometimes negative) when it is adjusted to ongoing inflation rate.
@MegaHarshMehta
@MegaHarshMehta Месяц назад
stamp duty on real estate purchase ... brokerage , legal fees , interiors etc ... all these charges will negate the capital gain benefit ...
@mahendratomar4686
@mahendratomar4686 Месяц назад
Sir I also want to do the same thanks for clearing many doubts Some doubts are there hope you clarify My example is like 1. I am selling my old house with capital gain suppose 15 lakh total sell value 30 lakh and also I am selling shares worth Rs 12 lakh So I have to invest minimum 15+12= 27 lakh in new house/flat is it right? 2. and suppose new house value is 50 lakh can I take loan of 23 lakh along with capital gains.? 3. Suppose the value of new house is same 27 lakh and I have taken loan of 20 lakh and I am planning to sell my old property and share within 01 year and clear the loan within 01 year from capital gains of old house and shares will I able to exempt from capital gain tax in this scenario?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thank you for your comment, @mahendratomar4686. Your questions are quite specific. I recommend consulting CA Arun Tiwari for expert advice. Feel free to contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com for further assistance.
@ashishshriwastav6599
@ashishshriwastav6599 Месяц назад
Thanks, this is really helpful. One question: what if I top-up my existing home loan of second house by the capital gain received after selling my first house? Will it save tax?
@soumendramukhopadhyay8273
@soumendramukhopadhyay8273 Месяц назад
Hi. Nice video. For inherited property how the tax will be calculated and any indexation benefit can we avail?
@kw9494
@kw9494 Месяц назад
Section 54F allows you to invest the entire amount ( original cost plus capital gains) in a residential house and pay no tax.
@neelakantan.ramanathan
@neelakantan.ramanathan Месяц назад
Only up to ₹50 lakhs
@kw9494
@kw9494 Месяц назад
@@neelakantan.ramanathan You are talking of section 54EC and I am talking of 54F !
@SanjayG2011
@SanjayG2011 Месяц назад
Sir, firstly I understand Sec 54 can be availed once in a lifetime. Secondly, Capital Gain Bonds give very less interest rate and for this reason will it b not beneficial to give LTCG and invest the amount in Mutual Fund.
@sridharhs9065
@sridharhs9065 Месяц назад
Title is misleading. Your narrative is confined only to 50L capital gains. What if the CG is more? CG bonds have a lock in period of 5 years,a point you have not mentioned. Lastly buying and selling house have so many other implications/hassles, you cannot do just for the sake of tax planning.
@rahulsarang6664
@rahulsarang6664 26 дней назад
Nice informative video. Does this apply to commercial property . Pl tell
@AKTAssociatesOfficial
@AKTAssociatesOfficial 25 дней назад
Yes it does
@kw9494
@kw9494 Месяц назад
Will the second house be considered self occupied or is it subject to deemed rental income ?
@kprao52
@kprao52 Месяц назад
Ur explaining the topic is good, however it is confusing. Pl concentrate on one channel not to mixup.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thank you for the feedback. will improve our presentation
@bhanunuthakki6934
@bhanunuthakki6934 Месяц назад
Sir,the limit to get capital gain tax is Rs.10 cr
@muralitvtv4105
@muralitvtv4105 Месяц назад
Kindly clarify. Why the Salaried class who are working for more than 10 hours a day never say Tax Terrorism. May be they are grateful they have a job. I may be wrong. But this is what I understand.
@askme9572
@askme9572 Месяц назад
Employees are not allowed to utter a word against the Govt. But they know many things about the misdeeds of Govt.
@kv675
@kv675 Месяц назад
There r other costs , like registration cost, brokerage etc..
@vinodchandel5136
@vinodchandel5136 Месяц назад
NRI ( I sold my property in 2019 and it was bought before 2000 So the Indexation was applicable but Tax was withheld on 100 % sale price not considering the indexed property value. I tried to recover that money but did not get any response. Note: Is it possible to get back the extra tax paid to Indian govt due to not applying the indexation value.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Please contact our NRI Desk at cs@aktassociates.com or 8080088288
@pramodmahapatra7066
@pramodmahapatra7066 Месяц назад
Practical insights
@KamalAggarwal-vs8cp
@KamalAggarwal-vs8cp Месяц назад
Significant demo
@I_agree_with_you
@I_agree_with_you Месяц назад
Make more such videos
@ChakravarthiT
@ChakravarthiT Месяц назад
But capital gain bonds have minimum 5 yrs of locking period 😢 Is there another way/bonds without locking period to invest these capital gain amount?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Yes, you can invest in government bonds or debt mutual funds, which offer liquidity without a lock-in period, though they may not provide the same tax benefits as capital gain bonds. For more information, you can contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@ChakravarthiT
@ChakravarthiT Месяц назад
@@AKTAssociatesOfficial Thanks for your update 👍
@srinivasbonda2964
@srinivasbonda2964 Месяц назад
Can the capital gains earned in equities trading be saved by investing in savings bonds. please clarify? if so is this for STG or LTCG?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@mukundshah8466
@mukundshah8466 Месяц назад
Can one take loans from banks against capital bonds investment and use that loan amount to invest in stocks or buy second residential property ?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Yes, It's Possible
@BAnirban
@BAnirban Месяц назад
Sir I work in merchant Navy ...i submitted ITR 2 ...183 DAYS sailing done in the last financial year 2024 25 ....ITR acknowledgement showing zero income as my income is not from Indian sources and earned abroad and it's exempted ...us 10(4)Ii ....is it correct? Or my ITR acknowledgement show the income? Please help sir
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
It is correct ITR Acknowledgement doesn't show exempt Income
@BAnirban
@BAnirban Месяц назад
@@AKTAssociatesOfficial Sir then how can bank decide via ITR how much is the income when I submit it for loan?
@csuryavanshi5976
@csuryavanshi5976 Месяц назад
You are talking about LTCG in house property only, maybe land but not about other assets.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
It's about both house property and Land.
@kbmishra
@kbmishra Месяц назад
Can we buy bonds for squaring off Capital gain from the stock markets every year?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Please contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@seshureddy452
@seshureddy452 Месяц назад
Any tax benifit for intraday trade profit?
@rangaswamychallakeresubbar1956
@rangaswamychallakeresubbar1956 Месяц назад
Can we purchase agriculture land from capital gain of sale of house. Pl reply
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
No! You Can't
@candyfloss184
@candyfloss184 Месяц назад
Sir what benefit can I get as a employee tax payer under new tax regime apart from NPS?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
We have made video on NPS, You can watch that on our channel. It will clear all your doubts. You can contact our client support at 8080088288 or email us at cs@aktassociates.com
@humbleocean4259
@humbleocean4259 Месяц назад
No one can explain NRI taxation as like you.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thanks, Means alot🙏
@cuteboyy725
@cuteboyy725 Месяц назад
Capital gain bonds will give 5-6% interest and that will also be taxable with lockin period of 5 years. So basically a shitty idea.
@drbhaviify
@drbhaviify Месяц назад
This means u can't enjoy the fruits. U hv to keep landing money in gov bonds to b safe in era of tax terrorism!
@ashwinikhanna
@ashwinikhanna Месяц назад
No.. Once the govt bonds matures after 5 years that money is yours to enjoy... but I guess you've to pay tax on the interest you earned on the bond.
@drbhaviify
@drbhaviify Месяц назад
@ashwinikhanna hhhhaa , so pay tax once u redeem at any stage ...b it properly or bonds! This gov SUCKS!
@ashwinikhanna
@ashwinikhanna Месяц назад
@@drbhaviify i agree. But that tax will be minimum, as you'll only pay tax on the interest earned from bond amount..
@drbhaviify
@drbhaviify Месяц назад
@ashwinikhanna right, however 5 years will b invested which will decrease value of a rupee anyways counting inflation into account.
@sachinnema1
@sachinnema1 Месяц назад
Its allowd only once in a life time
@ramamani6436
@ramamani6436 Месяц назад
How is the principle Amt calculated for inherited property?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
It is calculated based on the fair market value of the property at the time of inheritance.
@yaduchakra9943
@yaduchakra9943 Месяц назад
Does the same rule apply to OCI'S?😊
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Yes, the same tax planning rules apply to Overseas Citizens of India (OCI) as well. For more information feel free to contact our NRI Desk at cs@aktassociates.com or 8080088288
@ushanair6066
@ushanair6066 Месяц назад
Ltcg from mutual funds can it be invested in bonds?
@kw9494
@kw9494 Месяц назад
Of course, you can invest in bonds ! But NO tax benefits.
@tsrini32
@tsrini32 Месяц назад
My house is in my name ,single. Is it possible to add my spouse without incurring any undue cost?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
You can include your Spouse’s name mentioning the ratio or portion of the ownership and get it registered. The stamp duty is typically in the range of 5-12.5% of the market value of the property (varies in different states), while the registration charge is about 1%. also, you can add your spouse to the property title by executing a gift deed, which involves minimal costs for stamp duty and registration, depending on local regulations. For more information feel free to contact our NRI Desk at cs@aktassociates.com or 8080088288
@tsrini32
@tsrini32 Месяц назад
@@AKTAssociatesOfficial Thank you
@Seeker123-l2b
@Seeker123-l2b Месяц назад
Is CGT payable on agricultural land when sold?
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Capital Gains Tax (CGT) is generally not payable on agricultural land if it is in a rural area, but it applies if the land is in an urban area. For more information, you can contact our NRI Desk at 8080088288 or email us at cs@aktassociates.com
@drbhaviify
@drbhaviify Месяц назад
How long should b tenure for such GOV bonds ????
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
5 - 40 Years
@vibhajain4237
@vibhajain4237 Месяц назад
U r not at all clear ! Could hav used a ppt!!
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thank you for your feedback. We will try to use PPT in our video for better understanding.
@subhashrajoria4021
@subhashrajoria4021 Месяц назад
यार हिंदी में ही बोल लेते। पॉइंट ठीक से क्लियर नहीं कर पा रहे हो तो जरूरी थोड़ी है अंग्रेजी पर बने रहो। Please do more time to practice and vocabulary.
@AKTAssociatesOfficial
@AKTAssociatesOfficial Месяц назад
Thank you for the feedback
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