Greetings to all !
I just want to know if profits from Derivative trading in Stocks and Indexes are considered as Speculative income or not. And also as what is the tax rate for trading the Index Options and Futures. I will very happy if someone answered these questions. Forgive me if they have been asked before but I just have not gotten a clear answer and the search feature here didn't give much information either. Thank you !
Regards from Erode, TN.
Arun.
I just want to know if profits from Derivative trading in Stocks and Indexes are considered as Speculative income or not. And also as what is the tax rate for trading the Index Options and Futures. I will very happy if someone answered these questions. Forgive me if they have been asked before but I just have not gotten a clear answer and the search feature here didn't give much information either. Thank you !
Regards from Erode, TN.
Arun.