In FR/SR book I have read
1. A govt servant can do Investment but not Speculation
2. Group C employee can invest upto Rs. 25,000. For investing more amount they have to inform their Head office. (A govt emp said to me that we do not need inform this to Head Office, as it will be shown in income tax filings)
What is the difference between Investment and Speculation? What is counted in Investment and what is counted in Speculation?
Can Govt Servants do Short Selling, Trade in Futures and Options, Day-trading?
Any other kind of restrictions on Govt employees regarding Stock Market?
Experienced Govt Employees also if any please share their wisdom. Please don't make any guess. If any hyperlink(website link) or any other reference like book name, gazette, SEBI guidelines etc you know,please share.
Every detail will help.
1. A govt servant can do Investment but not Speculation
2. Group C employee can invest upto Rs. 25,000. For investing more amount they have to inform their Head office. (A govt emp said to me that we do not need inform this to Head Office, as it will be shown in income tax filings)
What is the difference between Investment and Speculation? What is counted in Investment and what is counted in Speculation?
Can Govt Servants do Short Selling, Trade in Futures and Options, Day-trading?
Any other kind of restrictions on Govt employees regarding Stock Market?
Experienced Govt Employees also if any please share their wisdom. Please don't make any guess. If any hyperlink(website link) or any other reference like book name, gazette, SEBI guidelines etc you know,please share.
Every detail will help.