Month: June 2023
Matalia
25 June 2023
Derivatives Taxation
Introduction As per Income Tax Act, Income from F&O trading is treated as business income. Business income is normally divided into speculative and non-speculative income. F&Os are used for hedging and for taking/giving delivery of underlying contracts. Hence, F&O income will be considered a non-speculative business. Deductions & Set Offs Deductions can be taken for … Derivatives Taxation
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Matalia
6 June 2023
INDIAN BANKING CORRELATION ANALYSIS
Notable Findings The 20 day rolling correlation analysis has been performed on banks which are major constituents of both Bank Nifty and Finnifty starting from Jan 2017 to May 2023. Some interesting conclusions drawn out are as follows: * The correlation between Bank Nifty and Finnifty during certain times has dropped below 0.8 from the … INDIAN BANKING CORRELATION ANALYSIS
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Matalia
6 June 2023
Section 54EC
Introduction A long-term capital gain is any revenue that you get from the sale of an asset. The asset could be land, property or even investments. According to the Income Tax Act, you are liable to pay tax for such gains. However, you can reduce the liability of these taxes. Invest in section 54EC bonds, … Section 54EC
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Matalia group is one leading diversified stock broking company providing a broad range of financial products and services including equities, derivatives, commodities, currencies, mutual fund, IPO, portfolio management services, and depository services to a significant and diversified clientele.
