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[hfe_template id='11223'] [ad_1] If your income comes only from the stock markets then your tax liability will depend upon whether you are an investor or a trader. The income earned from intraday stock trading, futures & options (F&O), or any trading without delivery is treated as the business income and will be taxed at slab rates. The current income tax slabs under the new tax regime for FY2024-25 are: -- 0 - Rs 3 lakh: There is no tax for this slab -- Rs 3,00,001 - Rs 7 lakh: a 5% tax is levied -- Rs 7,00,001 - Rs 10 lakh: 10% tax is levied -- Rs 10,00,001 - Rs 12 lakh: 15% -- Rs 12,00,001 - Rs 15 lakh: 20% -- Rs 15,00,001 and above: 30% The investors should note that there will be changes in the income tax slabs for the financial year 2025-26 with 7 slabs instead of six slabs applicable in the current financial year. The changes were made by the finance minister Nirmala Sitharaman in this year's budget announcement. There will be no tax for income up to R...

[hfe_template id='11223'] [ad_1] If your income comes only from the stock markets then your tax liability will depend upon whether you are an investor or a trader. The income earned from intraday stock trading, futures & options (F&O), or any trading without delivery is treated as the business income and will be taxed at slab rates. The current income tax slabs under the new tax regime for FY2024-25 are: -- 0 - Rs 3 lakh: There is no tax for this slab -- Rs 3,00,001 - Rs 7 lakh: a 5% tax is levied -- Rs 7,00,001 - Rs 10 lakh: 10% tax is levied -- Rs 10,00,001 - Rs 12 lakh: 15% -- Rs 12,00,001 - Rs 15 lakh: 20% -- Rs 15,00,001 and above: 30% The investors should note that there will be changes in the income tax slabs for the financial year 2025-26 with 7 slabs instead of six slabs applicable in the current financial year. The changes were made by the finance minister Nirmala Sitharaman in this year's budget announcement. There will be no tax for income up to R...