investment

  LTCG and STCG in Budget 2024 LTCG :- Long-Term Capital Gain STCG:- Short-Term  Capital Gain KEY TAKEAWAY'S Selling a capital asset after owning it for one year or less results in a short-term capital gain. Selling a capital asset after owning it for more than one year results in a long-term capital gain. Capital assets include stocks, bonds, precious metals, jewelry, art, and real estate. Understanding Long-Term and Short-Term Capital Gains                                     Capital assets include stocks, bonds, precious metals, jewelry, and real estate. The tax that you’ll pay on the capital gain depends on how long you held the asset before selling it. Capital gains are classified as either long- or short-term and are taxed accordingly. Finance Minister Nirmala Sitharaman, in her presentation of the  Union Budget  for FY 2024-25 announced several key tax changes impac...

  2024 Annul-Union Budget of India An analysis of Sensex's 10-year performance on Budget days throws out an average gain of 0.27% with the worst D-Day being the 2020 Budget when the index fell 2.43%. The best Budget day performance was in 2021 when Sensex ended with a handsome gain of 5%. On an average, the post-Budget month has delivered a return of around 5.7% with sectors like materials, energy, staples, and industrial leading the way. This time, the overarching theme of the Budget is predicted to be - more of the same. "The big focus would be on more of the same since the ministers are the same, since the policies at least as expressed in recent interviews by everybody are a continuation of the past," Here are stocks and sectors that could be in focus when Nirmala Sitharaman presents the Budget: Defence stocks Defense indigenisation thrust should continue and there could be an increase in allocation compared to the interim Budget to meet strategic requirements and ful...