Income received from outside india - US Stocks and US Options

Please find my answers below for your questions in Red Font:

• Short term capital gains - 15 Percent
• Long term capital gains - 20 Percent

Hi,

Thanks for reply.However, can I please ask  some more queries.

1)How do they India tax to me on the US options.In US options generally we get the premium and that premium am collecting from US options is considered as capital gains and they tax on that ? IF yes how much is taxable ?

2) you said India and USA have DTAA.... and you added that I will be getting the credit on the tax that I paid at USA...can you illustrate with an example for my better understanding please.

3)IF Iam doing US stocks and US options and not in india for more than 6 months(ie 182days).Still i have to pay taxes for US at india too ?

4)How do i have to pay tax to india on US stock and option gains ? As far as i know my company deducts TDS from my salary and pay income tax on my behalf of. Iam not aware how do it works in terms of capital gains? In what way i have to pay income tax. and For financial year April 2012-March 2013..By when i have to pay taxes to Gov't and when do I have to file for returns. ?Is that i have to pay taxes on same month am getting gains or i can do before filing to returns. mention the dates and time please.

5)Usually if the taxble income , again we will be re-investing for US stocks and US options.How does the tax is calculated for this figure. example, if iam investing 2000USdollars and getting gain of 50US$ and I think this 50USD is taxable.again this time iam investing 2000+50USD = 2050USD and getting gain of 62USD.. in this scenario. how do they tax ? i meant to say taxable income in being reinvested.can u brief about it please.

Thank you.Appreciate your positive response.