You love the stock market and the excitement you get from buying and selling stocks. Just keep in mind that the money you make may attract tax. And with the deadline for filing returns only a few days away, here’s a last minute reference guide on how the gains you made are taxed.

Trader or investor?

To understand the applicability of capital gains tax on your transactions, the first step is to classify yourself as either a trader or an investor.

Raghu Kumar

Raghu Kumar

Raghu loves trading, algorithms, and figuring out ways to beat the market. He enjoys workouts, naps, food, listening to Carnatic music, teaching his dogs (pug named Zenzi and Shih Tzu named Cactus) cool tricks, and spending time with family and friends.A list of his authored articles on NDTV Profit can be found at http://profit.ndtv.com/topic/rksv