A capital gain summary in Angel Broking, a prominent stockbroker in India, is a detailed report that provides an overview of the profits or losses realized from the sale of securities. This summary is crucial for investors as it helps in understanding their investment performance and is essential for tax filing purposes. Here’s a detailed look at what a capital gain summary typically includes in Angel Broking:
Components of a Capital Gain Summary
Transaction Details:
Date of Purchase and Sale: The summary includes the dates on which the securities were bought and sold.
Security Name and Type: It specifies the name of the security (e.g., stocks, bonds, mutual funds) and the type (e.g., equity, debt).
Purchase and Sale Price:
Purchase Price: The cost at which the security was originally bought.
Sale Price: The price at which the security was sold.
Quantity:
The number of units or shares involved in each transaction.
Holding Period:
The duration for which the securities were held before being sold. This helps in determining whether the gains are short-term or long-term.
Short-Term and Long-Term Gains:
Short-Term Capital Gains (STCG): Gains from securities held for a period less than one year.
Long-Term Capital Gains (LTCG): Gains from securities held for more than one year.
Cost of Acquisition:
The total cost incurred in acquiring the securities, including brokerage and other transaction costs.
Profit or Loss:
The difference between the sale price and the purchase price, adjusted for any costs of acquisition, indicating the profit or loss realized from the transaction.
Tax Implications:
Details about the applicable taxes on the capital gains, as per the prevailing tax laws.
Login to Angel Broking Account:
Use your credentials to log in to your Angel Broking account through their website or mobile app.
Navigate to Reports/Statements:
Go to the ‘Reports’ or ‘Statements’ section in your account dashboard.
Select Capital Gain Summary:
Choose the option for ‘Capital Gain Summary’ or similar reports that detail your investment transactions.
Specify the Period:
Enter the date range for which you want to generate the report. This can be the financial year or a custom period.
Generate and Download:
Generate the report and download it in the preferred format (PDF, Excel, etc.).
Importance of Capital Gain Summary
Tax Filing: Helps in accurately reporting capital gains for tax purposes.
Investment Analysis: Provides insights into the performance of your investments.
Compliance: Ensures that all transactions are recorded and compliant with regulatory requirements.
Financial Planning: Assists in making informed decisions about future investments based on past performance.
By regularly reviewing the capital gain summary, investors can stay informed about their portfolio performance and effectively manage their tax liabilities. Angel Broking’s detailed and structured summaries make it easier for investors to track their capital gains and make data-driven investment decisions.
Angel Broking is one of India's leading stockbroking and wealth management firms, providing a wide range of financial services to retail and institutional clients. Founded in 1987, Angel Broking has grown to become a significant player in the Indian financial markets, offering innovative and technology-driven solutions for trading and investment.
Formerly known as Angel Broking Limited, Angel One is a traditional stock brokerage firm founded in 1996. It has been a member of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), National Commodity and Derivatives Exchange of India (NCDEX), and Multi Commodity Exchange of India (MCX).
Angel One, through its online platform, aims to empower individuals to secure their financial future through investments in the stock market. It is incorporating cutting-edge technologies to appeal to new generations, offering a seamless user experience along with various discounts and deals.
Creating a Demat and trading account with Angel One is straightforward, enabling users to start investing in stocks or mutual funds. Investors can also monitor their transactions by reviewing their profit and loss statements.
Stockbroking:
Equity Trading: Angel Broking facilitates the buying and selling of shares on major Indian stock exchanges like NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
Derivatives Trading: Clients can trade in equity derivatives such as futures and options, allowing for strategies that include hedging, speculation, and arbitrage.
Investment Services:
Mutual Funds: Angel Broking offers a platform for investing in a wide range of mutual funds, catering to various risk profiles and investment goals.
Initial Public Offerings (IPOs): The firm provides access to new IPOs, enabling clients to invest in companies going public.
Portfolio Management Services (PMS):
Tailored investment strategies managed by professionals, designed to meet the specific financial goals and risk appetite of high-net-worth individuals.
Research and Advisory:
Equity Research: Comprehensive research reports, stock recommendations, and market analysis to assist clients in making informed investment decisions.
Advisory Services: Personalized investment advice and portfolio reviews to optimize returns and manage risk.
Angel One (formerly Angel Broking App): A robust mobile trading application offering a seamless trading experience, including features like real-time market data, stock quotes, portfolio tracking, and advanced charting tools.
Angel Eye: A web-based trading platform providing a user-friendly interface for trading and investment management.
Digital KYC and Account Opening:
Simplified and paperless account opening process through digital KYC (Know Your Customer) verification, making it quick and convenient for new clients to start trading.
Advantages of Using Angel Broking
Comprehensive Services: A wide array of financial services covering all aspects of trading and investment.
Cutting-edge Technology: Advanced trading platforms and tools that enhance the trading experience and investment management.
Research and Insights: In-depth market analysis and research reports that support informed decision-making.
Customer Support: Dedicated customer service with multiple support channels including phone, email, and chat.
Accessibility: Easy access to a range of financial products and services, suitable for both novice and experienced investors.
Milestones and Achievements
Extensive Network: Angel Broking has a widespread network of branches and sub-brokers across India, making its services accessible to a large number of clients.
Client Base: Serves millions of clients with a robust digital presence, reflecting its reputation and trust in the market.
Innovation: Recognized for integrating technology with finance, Angel Broking continues to innovate with products like
ARQ and mobile trading apps.
Downloading a capital gain statement from Angel Broking involves a few straightforward steps. Here is a detailed guide to help you access and download your capital gain statement:
Steps to Download Capital Gain Statement from Angel Broking
Login to Your Angel Broking Account:
Open the Angel Broking website or the Angel One app on your mobile device.
Enter your client ID and password to log in to your account. If you have set up two-factor authentication, complete that process as well.
Navigate to Reports/Statements Section:
Once logged in, go to the dashboard.
Look for the ‘Reports’ or ‘Statements’ section. This might be under different headings like ‘My Reports’, ‘Portfolio’, or ‘Accounts’ depending on the platform (website or app).
Select the Capital Gain Statement:
Within the Reports/Statements section, find and select the ‘Capital Gain Statement’ option. This might also be listed as ‘Tax Reports’ or ‘Profit & Loss Statement’.
Specify the Date Range:
Enter the desired date range for which you want to generate the capital gain statement. Typically, you might choose the financial year or a custom date range that fits your needs.
Generate the Report:
Click on the ‘Generate’ or ‘View Report’ button. The system will process your request and display the capital gain statement on the screen.
Download the Statement:
Once the report is generated, look for the download option. This is usually a button labeled ‘Download’, ‘Export’, or an icon representing a download.
Choose your preferred format (PDF, Excel, etc.) and click to download the file to your device.
Save the File:
Ensure the file is saved to a location on your device where you can easily access it later, such as the ‘Downloads’ folder or a dedicated ‘Finance’ folder.
Tips for Accessing the Capital Gain Statement
Check for Mobile App Options: The Angel One mobile app often provides similar functionalities to the web platform. If you prefer using the app, the process is generally the same.
Contact Support if Needed: If you encounter any difficulties, Angel Broking’s customer support can assist you. They may offer guidance through chat, email, or phone.
Regularly Download Statements: For better financial tracking and ease of tax filing, consider downloading your capital gain statements periodically rather than just at the end of the financial year.
By following these steps, you should be able to easily access and download your capital gain statement from Angel Broking, allowing you to review your investment performance and prepare for tax filing.
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