vendredi 26 août 2016

No Income tax for traders.. Lets fight

Hi Guys

Plz start discussion about this issue. Plz fight against this..

im taking first step.. Plz support me.

My self intraday trader and in huge loss. (no issues with my loss..)

My issue: Why traders specially Intraday traders need to pay income tax.

just see below example.

PHP Code:

Year    2013-2014            
                
    Brokerage    123697        
    CTT    204888        
    Service Tax    27136        
    Education tax    814        
    Stamp charge    382        
    Transaction charge    102441        
                
    Total    459358        
    Paid to only Govt excluding brokerage    335661 

PHP Code:

Year    2014-2015            
                
    Brokerage    133732        
    CTT    223085        
    Service Tax    29433        
    Education tax    883        
    Stamp charge    4900        
    Transaction charge    111576        
                
    Total    503609        
    Paid to only Govt excluding brokerage    369877 

PHP Code:

Year    2014-2015            
                
    Brokerage    177480        
    CTT    295676        
    Service Tax    41547        
    Education tax    719        
    Stamp charge    3700        
    Transaction charge    147849        
                
    Total    666971        
    Paid to only Govt excluding brokerage    489491 

Almost 17 lakhs gave from trading to brokers and Government. for only govt approx 12lakhs in 3 years.

1. We are earning money and giving life to some employees of brokers.
2. We dont have any escape way in these taxes. So we sincerely paying above taxes to govt.
3. So we r generating good income to govt sincearly.. And we also earning. But again govt need income tax from us. They are not catching who escaping in illegal ways.

4. But we all are doing legally by mentioning pan card with bank officially.

Another ex:

Take 2014-2015 transactions:
( all figures roughly to understand my angry)

1. If i made 10lakhs profit means im in tax slab. again i need to pay incometax of 3 alkhs.

So i will get around 7 lakhs in my hand.

2. if i made loss of 10lakhs ... 10lakhs +6lakhs= 16 lakhs my total loss..
--> In this situation govt is going to help me?? Answer no..

In that type of situation why govt not returning my taxes which they got from trading???



Plz guys We will start a moment....: "No tax on loss trades. Take taxes and brokerages on only profit trades"


We are giving daily huge money to govt.. If we stop one month Its big slap for indian economy. Govt also need to support us. Nowadays lot of people choosing trading as career. Plz Lets start discussion and share ur views.

Plz guys.. oneday may be u will also face this situation. Come on open and raise ur voice.

"Taxes only on profitable trades."

Plz forward to all traders like us and share in FB whatsapp etc.. come on be united.....

:clap::clap:

:thumb::thumb:

Yours..
Sincere trader.


No Income tax for traders.. Lets fight

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