Gyan Ka Dose

Taxation on investments explained 👇🏻

1 year ago | [YT] | 27

Gyan Ka Dose

💡5 Points to consider before switching to new tax regime -

🪙Business income will mean additional compliances

Tax laws consider trading in derivatives and commodities, freelance work, income from YouTube or any other content publishing platform, among others, as business income. So if you are a salaried taxpayer who also has
a business income, you need to show that separately while filing ITR 3 or 4.

If you want to switch to the new tax regime, a declaration to the effect has to be given in Form 10IE. Even though Budget 2023 has made the new tax regime the default one, it is applicable from 1 April onwards.

Therefore, the old tax regime is the default option for the current financial year.

🪙 Home loan deduction only if
property rented out

Under the new tax regime, a deduction for interest paid on housing loan can be claimed only if the said house for which the loan has been taken is rented out.

Also, this deduction is limited to the amount of rent, and if you are charging a rent lower than the interest amount, then that loss can neither be set-off with any gains nor can it be carried forward.

🪙Some losses can’t be adjusted or carried forward

Taxpayers resort to loss harvesting to reduce tax liabilities arising from short-term capital gains. Losses are booked on existing investments to offset gains made on other investments to lower the tax outgo.
The loss- making investments are then bought back at market price to maintain the asset allocation plan. But this cannot be done in the new
tax regime for certain assets.

For those with carry forward of losses from the previous year, it’d be better if they opt for the old tax regime rather than the new one.

One such restriction in the new tax regime pertains to income from house property which cannot be set off with any other heads of income as well as with any loss or depreciation from any earlier assessment year.

🪙File ITR by 31 July to switch to new regime for 2022-23

If someone wants to switch to the new tax regime for the financial year 2022- 23, then filing of original income tax return by 31 July 2023 is mandatory.

🪙Non-salaried can switch regimes every year

If you only have a salary income, then you can switch between tax regimes each year.

Non-salaried people can also do that, but only if they do not have any business income since taxpayers with a business income can’t always make the switch.

#tax #taxsaving #taxregime #newtaxregime

2 years ago | [YT] | 9

Gyan Ka Dose

The Silicon Valley Bank (SVB) collapsed even though it had $209 billion in assets and $175 billion in deposits. 💵

💸These deposits majorly came from startups.

💸When there was huge inflow of funds with SVB, the bank invested this money in Bonds.

💸As the US feds kept increasing the interest rates, bond value started falling.

💸Now, startups were also withdrawing, the bank started selling their bonds in loss.

💸Incurred around $1.8 billion loss after selling & also tried raising funds through the stock market but failed

Something that could have been looked at by investors :

💡Gregory W Becker (CEO) sold shares worth $3578666 on 27 Feb

💡Michelle Draper (CMO) sold shares worth $292872 on 1 Feb

💡Daniel J Beck (CFO) sold shares worth $575180 on 27 Feb

Then the stock collapsed 60% in one day.

#SVB

2 years ago | [YT] | 20

Gyan Ka Dose

Kims Updates :

✅Aggressive inorganic & brownfield expansion
✅New assets shall contribute to the level of matured hospitals in 24-36 months
✅Bed capacity increased
✅Investing around Rs 350 crore of capex in FY23 & expects a similar investment in FY24
✅Biggest focus area- Oncology

#kims #hospitals #stockmarket #investing

2 years ago | [YT] | 26

Gyan Ka Dose

Action Construction Equipment:

✅Achieved its highest ever quarterly Revenues, EBITDA, PBT & PAT Margins
✅ YoY quarterly revenue growth: 28.2%
✅YoY revenue growth- 43% in cranes, 32% in construction equipment, over 300% in exports
✅Sectoral tailwinds

#stockmarket #investing #ACE

3 years ago | [YT] | 37

Gyan Ka Dose

Fresh entry candidate : Infobeans Technologies Ltd.

- Base formation near 500 level
- RSI bullish divergence
- Trendline Breakout
- Volume spurts

#infobeans #stockstobuy #breakoutstock

3 years ago | [YT] | 45

Gyan Ka Dose

Rategain Travel Technologies discussed as positional stock in our live session in December has already given good run up.

More info :

✅ Revenue guidance: Fy24 +30%
✅ Margin expansion: 200-300 bps pa
✅ Acquired Adara: one of the world's largest travel data exchange platforms, providing access to permissioned travel intent data

Adara :

🔵FY22 - Gross Rev: $27.4 Mn (29.1% growth YOY)
Data business: Data as a Service (DaaS)
Media business: Part of Martech
🔵Moat- Data partnership to acquire permissioned data frm 270+ companies that include some of the largest Travel & Hospitality companies

Blue chip customer base with 300+ Enterprise customers including Hotels, Airlines, DMOs etc

Adara will boost both DaaS & Martech business lines : Creates largest travel intent data platform and provides for superior Return on Ad Spend (RoAS) for campaigns

#rategain #rategaintechnologies #stocksInFocus

3 years ago (edited) | [YT] | 11

Gyan Ka Dose

IEX Chart Analysis :

After a good downward movement from 300+ levels, we can see that a base is forming as the stock took support around 133 -138 levels.

An inverse head and shoulder formation can also be seen at this point.

Keep it on radar for now.

Let's track the following pattern :
Downtrend - base formation - consolidation - consolidation breakout with volume - Higher low creation - trend change

#IEX #TechnicalAnalysis

3 years ago | [YT] | 43

Gyan Ka Dose

Applying for Kaynes Technology India Ltd. IPO?
#kaynes #kaynesIpo #investing #ipoalert #ipo #upcomingIpo

Details are as follows :
💡Industry is set to grow at a 5-year CAGR of 41.1% over FY21-FY26E

✅End-to-end & IoT solutions-enabled integrated electronics manufacturing player
✅Having capabilities across the entire spectrum of electronics system design and manufacturing (“ESDM”) services
✅experience in providing conceptual design, process engineering, integrated manufacturing & life-cycle support for major players in the automotive, aerospace & defense, outer-space, nuclear etc
✅long-term relationships with a large customer base
✅diversified across verticals & geographies
✅Of the customers contributing
80% of its revenue from ops 37.5% of its customers (by value) have been associated with the company for over 7 years
✅well positioned to diversify products further & expand coverage to other areas
✅first company in the ESDM industry
to be National Aerospace and Defense Contractors Accreditation Program (“NADCAP”) accredited for aerospace products & is among the few Indian companies to maintain this
accreditation

Financials :

✅One of the highest margins in the industry
✅Its two-year CAGR (FY20-22) of revenue/EBITDA/PAT is higher than its peers
✅Low customer concentration
✅Geographically, Singapore accounts for around 35% of the purchases, China around 6%
✅Kaynes' EBITDA margin of 9.7% to 13.3% is broadly closer to Syrma SGS Technology & it is significantly higher than that of Amber Enterprises & Dixon Technology

(Check images for financials and peer comparison)

Risks :

❎low barrier business
❎highly competitive industry
❎margins would sustain or not? gross margin decline from 34.4% in FY20 to 29.5% vin Q1FY22


Valuation :

Kaynes is valued at FY22 trailing PE of 81.9x
(Valuations at the higher end)

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3 years ago | [YT] | 30

Gyan Ka Dose

Supreme Industries: Inverse head and shoulder pattern breakout.
#breakoutstocks #trading #stocks

3 years ago | [YT] | 54