Shruti Jain

Hi All,
How tax will be calculated on gains received from sales of shares of foreign equity markets?

Points to note
1) All transaction is made on foriegn
equity market by a foreign broking firm.
1) The difference in purchase and the sale
date is more than a year.
2) There is no tax deducted at source.
3) Also please provide tax rates if the
the difference of purchase and sale date
is less than a year?

regards


Radheshyam Bhutada
26 August 2009 at 17:04

NSE

Dear Collegue,
1.I would like to know Whats is "wholesale Debt Market"

2. What is causes that index under NSE & BSE different.

Hopes I will get answer ASAP from expert like U.


karan

promoters contribution in public issue as per law

public issue by unlisted company is 20% of the post issue capital

and it also written minimum contribution of rs 25000 per application from each individual and minimum contribution of rs 1 lac from firms and companies shall the eligible to be considered towards promoters contribution

if where promoters minimum contribution exceeds rs 100 crore the promoters shall bring rs 100 crore before opening of the issue and the remaining contibution shall be brought in by the promoter in advance on pro rata basis before the calls are made to the public.

QUERY:
1)what is the meaning of post issue capital?
2)exaplain briefly "minimum contribution of rs 25000 per application from each individual and minimum contribution of rs 1 lac from firms and companies shall the eligible to be considered towards promoters contribution"

3)explain brieflywith example "in advance on pro rata basis before the calls are made to the public."


thanks in advance


Hussain Lokhandwala
19 August 2009 at 17:05

Hedge Funds

What is the meaning of Hedge Funds? Also give some instances.


Guest
19 August 2009 at 02:23

let me know plz

hello seniors and experts...

plz provide me the link from where i can get complete knowledge about shares like

1. the role of shares in a company.
2. how the trading takes place in the market .
3. how the prices of any share fluctuates.
4. and all other issues related...

i am really in its need.........
i want to learn everything about it..

plz help me..



Sridhar
18 August 2009 at 21:03

Turnover question

I do margin trading everyday with an amount of 10,000. I hardly make a profit of 100 or 200 and sometimes losses too. Overall position until now is a loss. However, the total transactions amount run into lakhs. Is there any limit on this transaction amount in a year ? Can i do a self-assesment at the end of year and submit the loss/profit in my return ? Or do i need to hire a CA to get it done (however, the charge for him will be another burden) ? If suppose, I end up in profit at the end of year (which i assume is short term capital gain) and if that amount falls within the tax limit of 1.6lac, do i still need to pay the 15% short tem tax ? Too many questions. However, will be thankful for you advise. Thanks in advance.


Guest
15 August 2009 at 17:01

Securities transaction tax

what is securities transaction tax ? when it is apply ? what rate for Purchase & sale of Share ?


Pramod Prabhakar Pawar
07 August 2009 at 18:53

Dematerialisation Of Shares

What is dematerialisation of shares?


suresh
06 August 2009 at 13:41

Shares transfer

Dear Sir,

Hi this is kumar my company is not listed company my director need to transfer 40 k shares tranfer to anther person can pl tel me waht process i will do please help me

Regards
Suresh


nony
06 August 2009 at 10:45

HUF

hi moderator,
i m a new member of ur forum.i was going thru mails written by other members ,they were very helpful. i have 2 quaries regardiing my HUF account.
1.my husband was the karta ,he expired last year,me n my minor son are the member of above said HUF.NSDL has asked me to get succession certificate as HUF has desolved? is it true? if so than can u give the reference of it.
2.HUF was generated by money gifted by my sister inlaw who is married ,now asking me to return that money , am i legally responsible to return that money? my husband already returned that money to her after earning but i dont have legal documents of that n she is denying n threatening me to go to court.





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