short term capital gains

swaminathan (SE) (39 Points)

20 February 2010  

Hi, 

            I do intraday trading..Suppose if i earn a profit of 7lac  p.a..is my tax rate  30%? What difference does it make in tax rates if i trade as individual or non individual or other category? Which is the best way to reduce my tax rate? Ur suggestions would be appreciated dearly..