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| Discuss Short Term Capital Gain Hike at the Current Affairs within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi members, Trading community has not taken the short term capital gain hike in good ... |
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#1
1st March 2008, 10:49 AM
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Short Term Capital Gain Hike
Hi members,
Trading community has not taken the short term capital gain hike in good spirit. The concept is not clear to me and I request the knowledge based members to throw some light on it. Suppose, I have no any other income source and earn exactly 20,000/- per month by transacting in shares (delevery based). So my annual income is 12*20000/- = 2,40,000/- So what will be my tax liability according to new proposals (150000/- free). What will be the difference if I earn 2,40,000/- as long term capital gain and in intra day or in f N o segment. Thanks in advance. Basudeo 
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