tax rules: "How will the new Tax rates impact your financial transactions from today?

 Aaj se, yani 1 October 2024 se, kuch naye income tax rules implement ho gaye hain jo Budget 2024 mein announce kiye gaye the. In changes ka asar kai financial transactions par padega. Chaliye, inko simple shabdon mein samajhte hain:


1. Share Buyback par Taxation

Ab se, jab koi company apne shares wapas kharidti hai (buyback karti hai), to jo shareholders ko payment milega, usko dividend ke roop mein treat kiya jayega. Iska matlab, shareholders ko is payment par apne applicable income tax slabs ke hisaab se tax dena padega. Pehle, cost of acquisition ka deduction milta tha, lekin ab yeh deduction available nahi hoga. Is wajah se, agar future mein shareholders ko capital gain na ho, toh unka capital loss waste ho sakta hai.

2. TDS (Tax Deducted at Source) Rates Mein Changes

Budget 2024 mein kai TDS rates ko kam kiya gaya tha. Yeh naye rates 1 October 2024 se lagu ho gaye hain:

  • Life Insurance Policy (Section 194DA): Life insurance policies par jo TDS pehle 5% tha, ab yeh 2% ho gaya hai.
  • Lottery/Commission/Brokerage (Section 194H): Lottery tickets ke commission ya brokerage par bhi TDS 5% se 2% kar diya gaya hai.
  • Rent Payments (Section 194-IB): Individuals ya Hindu Undivided Families (HUF) jo rent payments karte hain, unpar bhi TDS rate ab kam ho kar 2% ho gaya hai.
  • E-commerce Operators (Section 194M): E-commerce se related payments par jo TDS pehle 1% tha, ab yeh sirf 0.1% hoga.

3. Securities Transaction Tax (STT)

Futures aur options (F&O) trading par bhi STT badh gaya hai:

  • Futures: Pehle STT 0.01% tha, ab 0.02% ho gaya hai.
  • Options: Pehle STT 0.0625% tha, jo ab badh kar 0.1% ho gaya hai.

4. Aadhaar Number Quoting

Pehle log PAN card ke jagah Aadhaar Enrolment ID use kar sakte the apne tax forms mein, lekin ab yeh option hata diya gaya hai. Sirf Aadhaar number ya PAN card ka use karna hoga. Iska maksad duplication aur misuse ko rokhna hai.

Yeh naye rules government ke focus ko dikhate hain transparency badhane aur tax compliance ko better karne par. Agar aapka koi transaction in changes se related hai, toh apne financial advisor se zaroor salah lein.

Comments

Post a Comment

Popular posts from this blog

Warren Buffett's Investment Strategy: Why He's Sitting on the Sidelines in 2024

Image
Warren Buffett is widely regarded as one of the greatest investors of all time. His investment strategy, rooted in value investing, has allowed him to amass a fortune and lead Berkshire Hathaway to success. However, in recent years, Buffett has been relatively quiet in the stock market, holding back on new investments and instead accumulating a significant cash reserve. In this blog post, we'll explore why Buffett has taken this approach in 2024 and what it could mean for the future. The Current State of Buffett's Portfolio As of June 30, 2024, Warren Buffett's top 10 stock holdings remain largely unchanged from earlier in the year. These top 10 companies make up 90.46% of Berkshire Hathaway's portfolio, which consists of 41 companies in total. This lack of movement is surprising for someone with a reputation for making bold investments when he sees value. So, why has Buffett been so quiet? An Overvalued Market One of the primary reasons Buffett has been sitting on the ...
Read more

Pensioners beware! THIS mistake may cost you your pension – Know all about ongoing WhatsApp scam

Image
  Pensioners ko kya yaad rakhna chahiye? Agar aapko koi message milta hai jo CPAO (Central Pension Accounting Office) ya kisi government agency se hone ka dawaa karta hai, toh uski asliyat ko zarur verify karein. Government agencies kabhi WhatsApp ya informal channels se personal information nahi maangti hain. Aaj kal bohot se fraudsters pensioners ko target kar rahe hain, jo New Delhi ke CPAO ke officials ban kar WhatsApp pe fake forms bhej rahe hain. Yeh scammers kehte hain ki agar aap yeh form fill nahi karte, toh aapki pension agle mahine se band ho jayegi. Pensioners ko kya karna chahiye? Scammers ka maqsad hai aapki personal information lekar aapko nuksan pohchana. Aapko hamesha chaukanna rehna chahiye aur apni pension ko frauds se bachana chahiye. Yeh steps aap apni pension ko secure rakhne ke liye le sakte hain: Message ko verify karein : Agar aapko CPAO ya kisi government agency se message milta hai, toh uski asliyat zarur jaanch lein. Government kabhi WhatsApp ya messag...
Read more

inflation calculator : 2050 me 1 crore me sirf kya milega?

Image
 read blog and share your opinion in comment and click to notify me .  2050 Mein 1 Crore Ka Kya Hoga? Aaj ke zamaane mein 1 crore sun kar lagta hai bohot badi rakam hai. Lekin, aapne kabhi socha hai ki 2050 tak 1 crore ki value kitni reh jaayegi? Inflation ki wajah se aaj ka paisa kal itna powerful nahi hoga jitna lagta hai. Inflation ka simple matlab hai ki waqt ke saath cheezon ki keemat badhti hai, aur paison ki kharidne ki taqat kam ho jaati hai. Inflation Kya Hai? Inflation ka matlab hai ki jo cheez aap aaj 100 rupees mein kharid rahe hain, wahi cheez agle 10, 20, ya 30 saalon mein shayad 200 ya 300 rupees ki ho jaaye. Yeh isi wajah se hota hai kyunki economy mein cheezon ki keemat badhti jaati hai. 1 Crore Ka Future Value Agar hum maan lein ki average inflation rate 6% hai (jo India mein aam baat hai), toh aaj ka 1 crore 2050 tak kaafi kam value ka ho jaayega. Ek Inflation Calculator ka use karke hum dekh sakte hain ki: Aaj ka 1 crore agar inflation 6% ke rate pe badhe...
Read more