Budget 2024: Profits from F&O segment may be moved to ‘speculative income’, to attract higher tax rate: Report

Budget 2024: Profits from F&O segment may be moved to ‘speculative income’, to attract higher tax rate: Report

The upcoming Union Budget is expected to propose changes in the tax treatment of income from futures and options (F&O) segment with an aim to discourage retail participation in the derivatives trading, a report said. Along with various options, the government is said to consider moving income from F&O trading from the head of ‘business … Read more