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Reply To: CAN WB PRIMARY TEACHER EARN FROM SHARE MARKET?

WBXPRESS Forums Tax CAN WB PRIMARY TEACHER EARN FROM SHARE MARKET? Reply To: CAN WB PRIMARY TEACHER EARN FROM SHARE MARKET?

#83806
WBXPress
Keymaster

No Government employee are allowed to do intraday trading. Because intraday trading involves frequent buy/sell which is not allowed by the Government Employee.

However, investment in stock market is perfectly legal for a Government Employee. The capital gain (Short term or long term) is taxable as per IT act. The total taxable amount can be seen from the broker platform upon which tax can be paid.