STCG versus F&O/Intra-day trades

Income Tax Income from Capital Gains
1

Hi,
I am currently doing mostly short term investments (75%) and a little bit of F&O / Intra-day trades. In terms of taxation which is beneficial in the long run. Paying STCG (15%) or the regular slab on the F&O/Intra-day trades. My income from this is in the range of 30 to 40 lakhs.
Thanks

2

@Kaushal_Soni @Divya_Singhvi @akash_jhaveri @Laxmi_Navlani @Saad_C can you?

3

Hey @Girimon_Vasudevan

As per above scenario, considering your total range of income is 30-40 lakhs. If you are falling under the tax bracket of 20-30% at slab rates then, STCG investment is more beneficial compared to intraday/F&O from the taxation point of view.

You can use below tax calculator for tax planning: