F&O Tax Rules For 2025

F&O Taxes are imposed on the net profit on the slab rates/regimes you choose.

Tax calculation is based on the basis of turnover and profits.

If there is losses then no tax is applicable but you must report the same in ITR.

FNO Losses:

It can be set off against any other income except salary such as:

• Bank Interest
• Capital Gain Income
• Rental Income
• Other Business profits