Tax on option trading of Nifty Index??

#1
Hi,
Its very important for me to know one thing about option trading.
ie. what is the tax incurred (like STT, Stamp duty,etc..) on trading options on Nifty index? I am sure someone experienced here in options could answer me.

More specifically, how is the turnover calculated in option calls, on which these taxes would be incurred?

I know this for futures trading, like 1 lot of nifty at 5000 price, would result in 50x5000=250,000 in turnover. On this amount, taxes would incur.

What about option, say I buy a call costing Rs.50 for strike price of 5000 on Nifty? Can someone give some basic calculations of turnover and implied taxes on this?

I would be very thankful!!!!
 

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