Tax on short term capital gain for only source of income is trading

[muthu1984]

If a person’s only source of income is trading and if he earns only 50,000 per year as short term capital gain, still he is taxble for this 50,000.

[nithin]

If a person’s only source of income is trading and if he earns only 50,000 per year as short term capital gain, still he is taxble for this 50,000

No, taxes start only once your income is above 2.5lks.

[muthu1984]

Thank you Nithin