I have a query regarding the capital gains tax on shares.
My mother sold some shares at a profit of 50% in the same year in which she bought it.. Her income is less than 1.8 lakhs and hence she is not required to pay taxes. But i would like to know how will the short term gains be considered from stocks and how will it be taxed?
Will the short term gains be taxed at 15% regardless of an individuals income or it is added to the regular income of an individual and taxed at that slab?.. So now please guide me about the taxes my mother may have to pay on her gains of about Rs30000..
THANK YOU,
AJAY B

Hello Can anyone please tell me the percentage of shares transfer/purchase over and above which , one need to inform SEBI /or ROC for such transfer. Please help me with the required procedure also. Regards

Dear sir and members,
I am recently qualified chartered accountant and have started my practice. I would like to ask question before you .
sir ,
I have a client who is Mutual Fund Agent currently, but now he wants to start his own business like wealth management company or wealth creator company by investing money in Mutual Fund market strictly.
But According to him, he wants to collect monies from people and wants to invest in various mutual funds in market by his wast experience in knowledge and after that he will give fixed amount of interest to them.
As due to his financial constraints , he cant go for NBFC, as it requires a capital of Rs. 200 Lacs .
so if there is any other way apart from NBFC, please suggest me.

sir i am seeking for your advice.
Thanks in advance.

dear freinds & respected sir...pls suggest me how to open dmat a/c & who is best broker for retails investor...

Respected Experts & Knowledgeable Person

Please guide me in the following:- 1. Is it true that a person can earn in stock market line from zero to unlimited income ? 2. How a person can pursue the above carrier and by what way ?

Thanks Heartily

Hello Respected members Kindly reply difference between IPO & OFFER FOR SALE???? Looking forward for a positive response.

Hello friends.. Our 1 of Clients is planning to invest FDI in Indian Agricultural Land, not directly but by purchasing the shares of that company which is having Agricultural Land as one of its major Assest or i should say only Assest. Now my question is that is it possible for an foreign individual to purchase these shares or is there is any restrictions in this..?? Thanx in advance.

Dear Sir

I having doubt regarding Payment of dividend, i purchased 100 shares in BSE and another 100 shares in NSE same company shares, but the company declared dividend @0.25 paise per shares, i was credited Rs.25 in my bank A/c directly, whether am i eligible both the shares held in BSE and NSE. but i purcharsed before the record date.Kindly clarify me

Thank you
Rengasamy.R

I have came across a case where the co. has filed with roc its paid-up capital as 10lacs instead of 5lacs. the co. is a public co.and it is a newly formed co. in febuary. i need solution how to correct it what are the procedure and ways that can be followed to correct it.

Example:
"A" wants to transfer his shares to B & C.
Is it possible to transfer A's share to B & C
by filling the information in a single Form-7B.
Assuming B & C are not joint Holders.
Thanx in Advance