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Income tax on mcx, ncdex nsef&o

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(Querist)
15 November 2014 Sir I am a government servent and currently started to trade in MCX, NCDEX and NSEF&O if I earn 2 lakh rs profit in MCX while my turnover there is 2.75 lakh. how much tax do I have to paid? my income from government service is 3 lakh per anum.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
15 November 2014 you need to add the profit so earned to your salary income and apply the tax slab rates on it.
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