Stock market

UMANG SHAHI (student) (98 Points)

12 October 2014  
what is the profit earned on an investment is called? is tax is applicable on that profit? if so, how much and what is the name of the tax.plz help! if i bought 50000 rs shares and earned a profit of 1000 on that.how much tax will be deducted and how? what is the name of that tax.please help!