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Earned income. Earned income includes wages, salaries, bonuses, and tips. It’s money that you make on the job. But even if day trading is your only occupation, your earnings are not considered to be earned income. This means that day traders, whether classified for tax purposes as investors or traders, don’t have to pay the self-employment tax on their trading income. Personal Income Tax Rate in India is expected to be 35.54 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Personal Income Tax Rate is projected to trend around 35.54 percent in 2020, according to our econometric models.

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