- This Question has 1 reply, 2 voices, and was last updated 1 year ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this Question.
FORUM of WBXPRESS.COM
Discussion Forum of WBXPRESS › Forums › Tax › CAN WB PRIMARY TEACHER EARN FROM SHARE MARKET?
Can pry teachear do intraday trading (mis) or invest money in equity stocks to earn money as capital gain (short term capital gain or long term capital gain)?
If so, how to pay income tax on it?
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.
Acts, Rules, Regulations, Resolutions, Notifications, Circulars, Memorandum, Guidelines, Govt. Orders etc. from various department of the Government of West Bengal. About
ASKWB.com is the discussion section of WBXPRESS.com where more than 7,400 users are connected till date. There are 24 forums which covers all your query. If you have any question please ask here in this forum.