Dear Sir,

A public listed company has authorised capital of Rs. 345 crore out of which 40 crore is equity and rest is preference share capital. company has issued, subscribed and paid up capital equity of Rs. 39114100. under CDR Scheme of the company, the company has also issued 15 crore cumulative redeemable preference shares (CRPS). On Mca site, in company master data, issued capital is still 391141000. company has also filed form 2 for the allotment of these CRPS. Should it not be shown as total issued capital. If not why. please explain in detail.
Thanks

Hi,

I was working in a MNC.I have left the company and working as a Freelancer since May2010.

I got some ESPP shares when I was employee.

I recently sold them in March 2011.I held these shares for more than 2 years

I also paid FBT tax while I was in the company.

My question is that Do Ihave to pay tax on the earnings from ESPP sale?
If yes how much Tax I have to pay ?

Thanks,
Amit Jain

Dear Sir,

Me and My friend both are NRI ( I am in USA and other in Canada), we used to do online trading in India when both of us where there. After moving abroad we are not suppossed to do and we are aware of trading Indian shares online for NRI.

Now we need to trade in Indian Shares and but our idea/question is different.

Our idea is to do this through by registering a company in India so that we can pool both of our money in one bucket and through the company we are planning to do it legally (if possible only)

1) My friend will be returning to India in 2014 and will run this in full fledge.
2) We need to start this process from this year so that by the time he is there , we continue with no halt.

We are aware of trading Indian shares online for NRI but need to know how we can register a company in India and trade through online either giving PoA or adding some India resident as partner. As of now we are not planning to borrow money from outside.

can you please suggest us what type of company we can register and form and can do this legally?

Can NRI register a company in India and how can an NRI register company in India and give PoA to do this or any other option?

Any help is really appreciated. Please reply.
Thanks,
RgdS
KGA

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u export goods worth yen 10000,@yen 3.5=Re.1 & covered yourself in forex market on the same day,wen exchange rates wer:$=yen 144-155.Local inter market rates for $ wer spot $ = Re.40.50-40.60.Calculate cover rate 7 ascertain the profit or loss in the transaction.

Please also explain the process..

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Hi,

I sold 100 Kamath Hotels Shares @ 96 and put a Stop Loss but the Shares suddenly Jumped and went on to had a upper circuit.
And i wasnt able to buy the same
My Broker told me that i will have to pay some penalty for it
Pls tell me what will be the consequences of it now?

Is it a normal thing that happen??

Pls reply at earliest!

i Sold shares of reliance industries and other companies after 6 months and made a profit of Rs. 40,000. I did not have any other income from any other source. Since my total income was below Rs. 1,60,000 will i have to pay tax on Rs. 40,000? A friend says that i have to pay a short term capital gain tax of 15% even if my total income is below Rs 1,60,000. Please help sir.

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What is the reason for the reduction in market value of the share of any co. after it pays the dividend to share holders??????????