FIFO Buddy - Zerodha Tax Planner

FIFO Buddy helps Zerodha users calculate tax optimal share transfers between primary and secondary demat accounts to minimize capital gains tax .

What it does: Calculates which shares to transfer vs sell to minimize capital gains tax using FIFO optimization.

How to use:

1. Go to Zerodha Console holdings
2. Select stocks
3. Enter sale quantity
4. Get exact transfer recommendations

Example: Bought 100 shares - 50@₹500 (2023), 50@₹900 (2024). Current: ₹1000

Selling 50 shares:

• Normal FIFO: Sell old 50@₹500 = ₹25,000 profit = ₹3,750 tax
• With transfer: Transfer old 50, sell new 50@₹900 = ₹5,000 profit = ₹750 tax
• You save: ₹3,000

Features-

• Bulk analysis for multiple stocks
• Shows exact quantities to transfer
• Calculates tax savings in rupees
• Draggable widget
• Session-based caching

Works with:

• Zerodha Console holdings page only
• Existing browser session (no login needed)
• Multiple purchase lots

Disclaimer: Tax optimization suggestions only. Consult a CA for tax advice.