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Indian Market, Regulation & Taxation

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Indian Market, Regulation & Taxation

T Plus Zero Settlement

Same-day settlement, in which securities and funds are exchanged on the trade date itself.

Test: pay-in and pay-out both occur on the trade date rather than on a subsequent day days
Indian Market, Regulation & Taxation

Tax-Loss Harvesting

Deliberately realising losses to set them off against gains and reduce the tax payable in a year.

Tax Saved = Loss Realised x Applicable Tax Rate on the Gain it Offsets
Indian Market, Regulation & Taxation

TDS

Tax deducted at source: tax withheld by the payer and deposited against the recipient's permanent account number.

TDS = Payment Amount x Applicable Rate, credited against the recipient's final tax liability