Forex Futures Trading

how is taxation done for gains in futures trading in the scrips?and at what rate?

futures and options are derivative instruments which gain their value from underlying instruments.
there is confusion over whether they should be taken as speculative gains?

Normally, when you complete a transaction, you'll have a capital gain. Your cost is what you paid for the future, your proceeds are what you received in revenues. The difference is what you "gain".

Your costs can include anything that you expend directly related to buying the contract (including the cost of the contract, trading fees, etc.) Your total revenues are what you get directly related to selling (minus the cost of selling).

If your contracts are sold over a period of time longer than one year, you can ratably cost them out and take gains only on the portion that you've sold by the end of the year, and hold the rest for following periods.

Here's a sight that might help you find taxation on the gains:

http://www.cbec.gov.in/cae1-english.htm

Day Trading Eminis and Taxation by 21st Century Accounting

Trading Stir Futures By Aiken, Stephen $82.84 Author: Aiken, Stephen Subtitle: An Introduction to Shortterm Interest Rate Futures Publication Date: 2006/12/01 Number of Pages: 200 Binding Type: Paperback Language: English Depth: 0.50 Width: 6.25 Height: 9.00

Trading Stir Futures $60 This book is in New - Excellent condition

The Art of Electronic Futures Trading $24.21 This book is in Used condition

Mastering Futures Trading $41.25 This book is in New - Excellent condition

The Definitive Guide to Futures Trading $37.5 This book is in New - Excellent condition

Starting Out in Futures Trading $18.35 This book is in Good Used condition

Cyclic Analysis in Futures Trading $239.73 This book is in Used condition

Modern Commodity Futures Trading $18 This book is in Good Used condition

Trading the International Futures Market $8.93 This book is in New - Excellent condition

Day Trading Grain Futures By Bennett, David $51.34 Author: Bennett, David Subtitle: A Practical Guide to Trading for a Living Publication Date: 2009/05/01 Number of Pages: 155 Binding Type: Paperback Language: English Depth: 0.50 Width: 6.75 Height: 9.50

Fundamentals of Trading Energy Futures and Options $65.55 This book is in New - Excellent condition

The Futures By Lambert, Emily $32.37 Traces the dramatic history of the Chicago Mercantile Exchange from its origins as a meeting place for gamblers and farmers through its evolution into a sophisticated electronic market of highspeed commodities trading, providing coverage of such topics as its illfated introduction of esoteric technologies and its unique cultural parameters. Author: Lambert, Emily Subtitle: The Rise of the Speculator and the Origins of the Worlds Biggest Markets Publication Date: 2010/12/28 Number of Pages: 256 Binding Type: Hardcover Language: English Depth: 1.00 Width: 6.50 Height: 9.75

Trading VIX Derivatives By Rhoads, Russell $77.66 Trading VIX Derivatives will be a comprehensive book covering all aspects of the Chicago Board Options Exchange stock market volatility index. The book will explain the mechanics and strategies associated with trading VIX options, futures, exchange trading notes and options on exchange traded notes. Known as the fear index the VIX provides a snapshot of expectations about future stock market volatility and generally moves inversely to the overall stock market. As such, many market participants look atthe VIX to help understand market sentiment and predict turning points. With a slew of VIX index trading products now available, there are a variety of strategies traders use to speculate outright on the direction of market volatility or to use the products in conjunction with other instruments to create spread trades or hedge their overall risk. A top instructor at the CBOEs Options Institute, the author will reflect the wide range of uses associated with the VIX and will make the book useful to both new traders and seasoned professionals Author: Rhoads, Russell Series Title: Wiley Trading Subtitle: Trading and Hedging Strategies Using VIX Futures, Options, and ExchangeTraded Notes Publication Date: 2011/08/09 Number of Pages: 272 Binding Type: Hardcover Language: English Depth: 1.25 Width: 6.50 Height: 9.25

Futures $7.99 This book is in Good Used condition

Taxation with Representation $21.99 Taxation with Representation - T-Shirt

High Probability Trading Strategies By Miner, Robert C. $72.49 Author: Miner, Robert C. Series Title: Wiley Trading Subtitle: Entry to Exit Tactics for the Forex, Futures, and Stock Markets Publication Date: 2008/10/20 Number of Pages: 272 Binding Type: Hardcover Language: English Depth: 1.00 Width: 7.25 Height: 10.25

Candlestick And Pivot Point Trading Triggers By Person, John L. $93.2 Author: Person, John L. Series Title: Wiley Trading Subtitle: Setups for Stock, Forex, And Futures Markets Publication Date: 2006/11/30 Number of Pages: 353 Binding Type: Hardcover Language: English Depth: 1.25 Width: 6.25 Height: 9.50

The Burden of Taxation $34.99 Eugene Cadel The Burden of Taxation - Giclee Print

Women's: Taxation with Representation $21.99 Women's: Taxation with Representation - T-Shirt

Trading Natural Gas By Sturm, Fletcher J. $110.92 Author: Sturm, Fletcher J. Series Title: Pennwell Nontechnical Series Subtitle: Cash Futures Options and Swaps Publication Date: 1997/01/01 Number of Pages: 206 Binding Type: Hardbound Language: English Depth: 0.75 Width: 6.50 Height: 9.50

MLB Futures Game Tickets $23.75 Buy MLB Futures Game tickets. TicketNetwork.com gets you in!

MLB Futures Game Tickets $23.75 "Buy Tickets for MLB Futures Game are available. Ticketliquidator.com gets you in!"

Trading Places $12.49 Trading Places - Masterprint

Florentine Trading $34.99 Mcbride Florentine Trading - Giclee Print

Worldwide Trading $34.99 Linda Braucht Worldwide Trading - Giclee Print

Trading Post $14.99 Kay Lamb Shannon Trading Post - Art Print

Trading with the Indians $49.99 Sidney King Trading with the Indians - Giclee Print