I am an investor in stock market and also have an account on name of my wife where I do day trading in equity and derivatives.
I daily buy and sell shares and also play in future and options.
My yearly transactions goes in 200 crore. When you buy a lot normally we have to pay margin money and not entire amount of a lot.
For example if I am buying a future lot of Nifty, the trading value will be around Rs. 5,00,000 but I have to pay only margin of 15% around 75,000.
Now my question are:
Sign up to discuss taxation, accounting and finance topics with experts from all over India.Join Discussion