Hello Guys... I have been doing trading in futures and options since 2007. I have lost around 7 lakhs in 2008 and 2009 years together. I have recovered my lost money in the last and current year.
Now do i need to pay any tax on profit??? Can any one help in explaining the tax rates on futures and options? ..heard that intraday trading means, its the kind of business. so we have to pay the tax as per the slabs. ..and also heard that, the lost money can be recovered in the next 7 years. is it true??? Plz explain if any one knows.. and also, i am the employee of software org. hence i fall under the catagiry of 20% slab rate with my income. -- For Anything related with Stock market be Online at http://www.niftyviews.com/ Get free updates on your mobile phone. Sms "Join TSR " and send to 09223492234 FOR TRIAL STOCK/NIFTY/OPTION CALLS You received this message because you are subscribed to Google Group "STOCKRESEARCHER" group. To post to this group, send an email to [email protected] To unsubscribe email [email protected] for more info visit http://groups.google.com/group/STOCKRESEARCHER?hl=en-GB . This is Not a Spam Mail. Disclaimer :- "The opinions expressed by the members on this board are based on their individual experience and perceptions and to share information with other members with the best of intentions to help fellow members in investment decisions as equity investment is a risky venture."
