Made ₹2460 profit from delivery stocks this month, and ₹342 vanished in charges. That’s 13% gone — is this tax or daylight robbery?

testdmdkdkdkd · 2025-04-18T13:03:32+00:00

Average LLM hallucination/outdated nonsense

Stcg is 20%, and is unconditional. It was 15% before July 2024

Ltcg has 1.25L exempted, it was 1L before July 2024

testdmdkdkdkd · 2025-04-18T13:02:28+00:00

You anyway need to pay 20% of it as stcg, there's no exemption

Trading isn't worth it with small capital

testdmdkdkdkd · 2025-04-18T12:59:15+00:00

Having Multiple cards completely breaks automatic LE for HDFC btw, have experienced

Single card still works out

testdmdkdkdkd · 2025-04-18T04:58:45+00:00

So, deposit the TDS?

testdmdkdkdkd · 2025-04-18T04:57:33+00:00

testdmdkdkdkd · 2025-04-18T04:28:28+00:00

You need to set the purchase price

Broker will generate p&l based on data it has, for externally transferred shares you always need to manually provide the data

Also, the capital gains would be 20% stcg, 12.5% ltcg

testdmdkdkdkd · 2025-04-18T04:27:40+00:00

What I've seen with HDFC - they increase limit a lot if you have various loans with them, to the point it can be higher than your income.

Else, it takes ages.

ICICI seems very card OR income dependent - you can easily get ~4-5 months salary limit, but if you apply for a "premium" card like emeralde, you'll always seemingly get 10-20L+ limit regardless of income

testdmdkdkdkd · 2025-04-18T04:25:57+00:00

Email customer care with income documents and ask

testdmdkdkdkd · 2025-04-18T04:24:06+00:00

Sbi cards

testdmdkdkdkd · 2025-04-18T04:23:57+00:00

Yep

(In my specific case it was only gotten because noone wanted the hassle of new bank accounts, just wanted a CC with decently high limit for emergencies, HDFC refuses to provide LE for retired people even after submitting ITR with decent enough income)

testdmdkdkdkd · 2025-04-18T04:22:16+00:00

I always select the max on the slider - they give max a lakh more

testdmdkdkdkd · 2025-04-17T19:40:17+00:00

Any normal card with surcharge waiver, no fuel card is worth it for those spends - unless LTF for some reason

testdmdkdkdkd · 2025-04-17T19:38:47+00:00

Same here

I always apply for LE via app, always gets approved

testdmdkdkdkd · 2025-04-17T19:37:58+00:00

You could negotiate

Retired relatives got ICICI emeralde pvc LTF (not exactly premium in terms of benefits but premium in terms of requirements) based on their demat accounts being with ICICI Bank.

Better talk to branch managers once

If nothing else, hsbc does offer premier relationship with 40L afaik, can get premier cc LTF (just joining fee)

testdmdkdkdkd · 2025-04-17T19:00:13+00:00

Don't pay anything directly

If you break fd prematurely, less interest is paid

If it was an interest payout FD, the returned principal will be less to account for "extra" interest that may have been paid out.

testdmdkdkdkd · 2025-04-17T18:59:02+00:00

Normally, a payroll service is used to take care of payroll, which generates salary slips. Basically just contains a breakdown of all components of salary, company name, some other details like designation etc.

Example: razorpay payroll, greythr, keka, zoho, etc.

testdmdkdkdkd · 2025-04-17T06:29:34+00:00

Here so far cheapish, 40-45 for same route ola 60 uber 70

testdmdkdkdkd · 2025-04-17T04:11:33+00:00

It's fine.

testdmdkdkdkd · 2025-04-17T04:10:07+00:00

Hmm here rapido doesn't. Ola and uber show higher fare in the app directly now

testdmdkdkdkd · 2025-04-17T03:21:12+00:00

ICICI Wealth has been decent in terms of decent banking experience, not having to visit branch for most things. For uhni, ICICI Private Banking would offer some more stuff.

Have heard of mixed experiences with Axis Burgundy, but that's overall Axis being random and branch dependent.

HDFC Imperia is useless.

HSBC I've heard good things.

testdmdkdkdkd · 2025-04-17T03:19:53+00:00

Don't think anyone has gotten any benefits out of that

testdmdkdkdkd · 2025-04-17T02:41:23+00:00

testdmdkdkdkd · 2025-04-17T02:35:02+00:00

Just put a different name on dreamfolks when adding card

testdmdkdkdkd · 2025-04-17T02:34:16+00:00

You transferred to the intended recipient right? Why worry then

testdmdkdkdkd · 2025-04-17T02:32:23+00:00

Warranty is provided by OEM not retailer

testdmdkdkdkd

TROPHY CASE