if your other income is 70 k annually and you earn 60 k from speculation from short sell. then your total income will be Rs. 130 k, which is below the tax free amount rs. 160 k, hence you do not have to pay any taxes.
further in speculation without paying STT at buy and sell both, the income tax rate will be based on your tax bracket means in the bracket you fall
Ravi, banglore, OR Any Expert Can you please tell me If a person earns Rs 60K from stock market / share selling (say for a period of 15/11/09 to 31/03/10) from short-term sell only (in all cases) what will be tax liability to him/her When to file tax return Where to deposite tax amount & how much income from other source is 70K annually Thanks in advance
Rama Nov 09, 2009 11:58:47 AM IST Den Networks Limited Den IPO to list at 155/ and closing proice is 170/
WHAT IS LOGIC BEHIND YOUR GIVEN VALUE...As per trend of market it will list at cut off (195) price & immediately falls to what level....(upto 50%...only imagination)..No logic/Fundaments Parameters
be ready for sub ipo price listing, doesn't deserve more than 5 0bucks, i dont understand why people waste their hard-earned money on such foolish stock stories which will never materialize
In this post, only Ravi banglore has knowledheable & useful tips for reader of this form & many others are wasting the time of the readers. Some of them like Prakash IPO earns in excess money from euromulti......
ALL THE IPO'S ARE MILKING THE MARKET SENTIMENTS AND THE INVESTORS WHO WANT TO MAKE QUICK MONEY GET ALUREMENT FROM THAT. IT IS THEREFORE REQUESTED TO ALL THE MEMBERS OF THIS FOURM THAT A CORRECT AND GOOD ANALYSIS BE PROVIDED SO THAT WE THE RETAIL INVESTORS CAN BE SAVED FROM LOSSES.
PrakashIPO has made lot of money. Hence, he has gone to tour to spend money earned in stock market.
It is good investment if it is available below 22. As the issue is priced at 82, AVOID.
This issue size is only Rs.62 crores. As such, few HNI clients can manipulate price. If you bet on manipulation, then apply with stop-loss in the IPO price band of Rs.82-77. If price falls below 77, then do not hesitate to book loss.
This is my personal opinion. You check with your financial advisor before taking any decision.
In 2009 OUT OF 14 IPOs 9 IPOs ARE BELOW ISSUE PRICE. PLEASE CHECK THE RETAIL SUBSRIBTION IN ALL THIS IPOsVERY NOMINAL. IT IS ONLY A GAME PLAN BETWEEN MERCHANT BANKERS + COMPANIES + LEAD MANAGERS + SEBI. WHY THERE ARE NO RULES FOR MUNIMUM RETAIL SUBSRIBTION.