Money Basics · Advanced
Tax and retirement planning
Capital gains, switching and harvesting, IDCW and regimes, then retirement corpus maths, withdrawals and honest planning.
What is inside
10 short lessons. Each ends with a quiz, so you know what you have learnt.
Taxes on mutual funds
- Capital gains on mutual funds: the basics
- FIFO, tax lots and the cost of switching
- Tax harvesting: using the ₹1.25 lakh exemption
- IDCW, TDS and what shows up on a tax statement
- Old versus new tax regime, and where ELSS fits
Retirement planning
- Retirement planning: the shape of the problem
- How big a corpus: a worked example
- Withdrawing: SWP, buckets and sequence risk
- EPF, PPF and NPS: the retirement building blocks
- The advisor's role: goals, documents and humility
Key ideas you will take away
- Tax on gains only.
- Equity: 12 months; ₹1.25 lakh exemption.
- Switch = sell + buy.
- FIFO order.
- Use the annual exemption.
- Check costs of re-buying.
Try a question
Q1. An investor has long-term equity fund gains of ₹5,00,000 in a year and no other gains. At 12.5% above a ₹1,25,000 exemption, what is the tax (before cess)?
- ₹46,875
- ₹62,500
- ₹78,125
- ₹1,25,000
Show the answer
A. (₹5,00,000 − ₹1,25,000) × 12.5% = ₹46,875.
Q2. What does a switch from one mutual fund scheme to another amount to for tax purposes?
- A redemption followed by a purchase
- No tax event
- A gift
- A bonus issue
Show the answer
A. Switches are treated as a sale of units and a new purchase.
Frequently asked questions
Is the Tax and retirement planning course free?
Yes. Lessons, quizzes and practice are free. Sign in once with your mobile number or Google to start.
Who is the Tax and retirement planning course for?
It is a advanced-level course with 10 short lessons, written in plain language for beginners and for people who advise others on money.
Can I learn this in Hindi or Gujarati?
The app screens switch between English, Hindi and Gujarati at any time, and many quiz questions have translations. Lesson text is in English for now.
Do I get a certificate?
Yes. Pass the course exams to earn a certificate that anyone can verify online.
Is this investment advice?
No. It is education only. Speak to a qualified adviser before you act on your own money.
Related courses
UpperCrust Academy is independent study material from UpperCrust Wealth. It is not affiliated with NISM, SEBI or AMFI. For education only. Not investment advice. Always confirm the latest syllabus and rules on the official NISM website.