Comment on Taxation for Traders - Introduction

santhosh commented on 11 Sep 2017, 12:11 AM

Hi Nitin,

I am a salaried individual working for IT MNC earning 10 lakhs per year.

My Query:
Can i take a personal loan of 5 lakhs from bank and trade in F&O ?

Does the market regulation allow this ? and also the RBI guideline says the personal loan cannot be used for trading/investing in stock market or any other speculative activity.

So taking personal loan and trading in F&O is entertained?

Thanks in advance!

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