Trading Profits doubts from Commodoties ..

#1
Hi,

1) Can anyone please explain , whether the Profits that comes from commodity Trading is Taxable or not ? That is should i pay the tax that we payout from profits from commodity trading ???? If yes , then what is the slab rate for An individual male aged 24 and for a Retired Female aged 58 ...

2) Can an Govt employee do trading in his name ?

Plz reply ...Thanks:):):)