Best Currency Traders,Top Forex Trading Platforms,Forex Currency Charts,Exchange Forex,Currency Trading Account How to calculate and save income tax on share trading Best Currency Traders,Top Forex Trading Platforms,Forex Currency Charts,Exchange Forex,Currency Trading Account Amit had invested a major part of his savings in the stock market. However, he was confused about the tax treatment of the profit arising from equity investment. First you need to know that there is no tax exemption on direct equity investment. (Investment in ELSS mutual funds offer tax exemption under 80C). So, our entire focus is on the various tax that is applicable in the PROFITfrom equity investment. In this article, we are focusing on applicable tax on share trading and how one can optimize it. Suppose you have purchased a share at Rs 100 and sold it at Rs 110. There is 10% profit from the transaction. However from this 10% (Rs. 10) an investor has to pay STT, brokerage charge, exchange charge, service charge as well as capital gain tax. Besides capital gain tax all are fixed. To minimize capital gain tax one need to understand how such tax on share trading works: Income Tax on share trading – Income tax on […]
