Do I need to pay tax on my rewards?
Rewards Account · Market Rush Help Center
Tax Treatment of Rewards
Rewards earned from Market Rush are considered taxable income under Indian regulations. They are not trading profits and do not fall under turnover based taxation. These rewards come from your simulated performance under the Trader Participation & Evaluation Agreement and must be reported under your PAN.
Depending on prevailing regulations, Market Rush may provide payout statements or deduct TDS when applicable. It is your responsibility to report income accurately during the financial year. Market Rush does not provide tax advisory services, but maintains clear documentation for your reference.
Many traders consult a CA for personalised guidance on income categorisation and filing best practices.