hello sir
somewhere on web i read about volatily tax. can you explain me the below example.
today 21st october in bank nifty there was much volatility. for example
if i have entered a position at
position
1)9:16 am say for example : banknifty 22nd october expiry 24200 CE at 480
and after that i exit the same position at 9:32 @ 630 that means i gained 150 points premium profit will be 3750 rupees
and
2) bank nifty 24800 PE 1:13 pm @ 245 and exit 1:35 @595 that will be gain of 350 points
sir considering the above two positions. .will there be any volatility tax charged to me?
and what is the turnover limit per year for FNO segment. how to calculate it? i have checked the statement on console in Tax P&L statement but its showing only partial turnoverā¦
help me with this. thank you in advanceā¦
stay safe god bless.