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Taxation of NPS, EPF/ PPF, ELSS at Maturity ✉️
NPS(National Pension Scheme)-
Mandatory purchase of 40% of accumulated NPS corpous at Maturity 🆎Pension is paid from this corpous 🆎The Pension is Taxable. Remaining 60% is Tax FreeEPF/PPF(Employee Provident Fund/Public Provident Fund)-
Accumulated corpous at Matuarity is Tax Free (Subject to Investment restrictions)ELSS(Equity Linked Savings Scheme)-
LTCG at Maturity 🆎No tax on capital gain upto ₹1L Taxed @10% after ₹1L5 year Fixed Deposit-
🆎Interest is Taxable
Pharma Index 6%++ UP
Major profit booking on the way 👀
Keep booking (pharma stocks) ☄️
Swing Trade( only for Risky traders)
Entry - 120 -- cmp
Average - 118-119
SL - 115.63
Target - 128++
#IDFCLTD
#LaxmiOrganics(Mid Term)
Entry -267 -- 270
Average - 250 -- 258
Target - 300 -- 320++
Now need some correction atleast 200-300 points for short term and 800-900 points for mid term
#Bitcoin 💵
Currently Holding Above 30 wema with trendline
56552 Important Level
Support - 51750 -- 52300
Resistance 61800 -- 62200
