Capital Gains Tax applies to realized profits from delivery-based trades:Short-Term Capital Gains (STCG): If you sell within 12 months → taxed at 15% Long-Term Capital Gains (LTCG): If held for…

MTM (Marked-to-Market) refers to the daily profit or loss calculated based on the closing market price of your open positions. MTM is commonly used in futures and options and intraday…

The P&L shown in holdings reflects unrealized profit/loss based on the current market price, while the P&L in account statements or ledgers shows only the realized profit/loss from completed transactions.…