Comment on Kite Connect APIs for programmatic access

Samir commented on 22 Jun 2016, 12:09 PM

1:- I am a newbie, trade only in Future. Whatever I Buy/Sell, my profit and stoploss target is 0.25%. That’s mean if I buy HDIL Future; I place my sell order above 0.30 paisa and for Reliance Capital Future it’s above Rs.1.
I want to know weather it’s a good strategy or it just bogus.
It’s only just piling up into my Balance sheet and increasing my Tax burden.

2:- I know nothing about tax. In Future turnover is calculated on absolute profit & loss.
I am suppose to pay tax on whatever profit or loss I made, so what the use of this turnover.

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