Animesh Gupta

Credit Principal

Animesh Gupta is a Chartered Accountant by profession and a NISM certified Mutual Fund Expert. He has over 5+ years of experience working in the Financial Services Industry. In his role at Wintwealth, he is part of the Credit and Risk team and evaluates the risk of the bonds available on Wintwealth's platform.

All Articles by Animesh Gupta
Tax Planning 5 min read
What Is Tax Evasion, Tax Avoidance, and Tax Planning?

Taxes play an important part in the financial landscapes of individuals and business entities, acting as a significant source of revenue for the government. Understanding the difference between tax evasion, tax avoidance and tax planning is very important to navigate the complex world of taxation. In this blog, we will learn more about these terms ... What Is Tax Evasion, Tax Avoidance, and Tax Planning?

Tax Planning 6 min read
Which ITR form should you select when investing in bonds?

Bond investments generate two types of income. Firstly, interest income and capital gain or loss. You might not earn income under both heads. So the annual ITR form you file will vary. Interest income is taxable as per the individual’s income tax slab rate, while capital gains are taxed as per the holding period of ... Which ITR form should you select when investing in bonds?

Tax Planning 9 min read
All About Filing ITR1

The Income Tax Department has categorised taxpayers into many groups based on income sources to simplify tax compliance. Based on this categorisation, the Department has notified various Income-tax Return Forms (ITR 1, 2, 3, 4, 5, 6, and 7) that one has to file for declaring income and paying tax. In this article, we’ll tell ... All About Filing ITR1

Bond Market 6 min read
What are State Guaranteed Bonds?

State Guaranteed bonds (SGBs) are the debt securities issued by the State government owned enterprises (SOE) and explicitly guaranteed by the state government. In this article, we will understand about the SGBs, the risk associated with these instrument and its suitability for the retail investors as an investment option. But first, lets understand about the ... What are State Guaranteed Bonds?

Fixed Income 6 min read
What are State Development Loans (SDLs) and why are they issued?

The debt market is getting attention, and under them, State Development loans are gaining popularity as they are offering attractive interest rates to investors with low risk. But what are State Development Loans? Let’s understand in detail. As we know that India is a union of several states, and these states have governments which work ... What are State Development Loans (SDLs) and why are they issued?

Tax Planning 7 min read
What Are Direct Tax and Indirect Tax?

Understanding your tax liabilities can help you minimize your tax liabilities while ensuring compliance with the law. Taxes in India are of two types: Direct Tax Indirect Tax What is Direct Tax? Direct tax is imposed directly on individuals or entities, typically based on their income, wealth, or property, and is paid directly to the ... What Are Direct Tax and Indirect Tax?

NCD Issue Review 10 min read
Meghalaya Energy Corporation Limited (MeECL) Bond Review

Meghalaya Energy Corporation Limited (MeECL)  has recently issued bonds to the tune of INR 241 crores in the month of April 2023. The government of Meghalaya guarantees these bonds, and the additional support is provided by the trustee-administered escrow and payment mechanism. These bonds are called State guaranteed bonds or SGBs. However, they are riskier ... Meghalaya Energy Corporation Limited (MeECL) Bond Review

Tax Planning 9 min read
Know all about Tax Deducted at Source

The government of India came up with the concept of Pay as You Earn and introduced the tax deducted at source under the Income-tax Act, 1961 (I-T Act). It means levying and collecting the tax from the very source of income. In this article, we will discuss the TDS and its related provisions under the ... Know all about Tax Deducted at Source

Stock Market 10 min read
What is Corporate Dividend Tax?

When a company earns profit, it has the option to disburse a percentage of the profit as a dividend to its shareholders. Corporate Dividend tax is the tax imposed on the dividend paid to the shareholders. It is paid on the dividend declared or paid during the year. In this article, you will find information ... What is Corporate Dividend Tax?

Mutual funds 6 min read
Restrictions on new investments in international mutual funds and ETFs

There are so many types of investments available in India, Mutual funds and Exchange Traded funds (ETF) are one of them, where mutual fund houses invest various investors’ money into different stocks and securities in various primary and secondary markets, both domestically and internationally. In this article, we will learn about restrictions placed on new ... Restrictions on new investments in international mutual funds and ETFs