I have a business idea about stock trading.

I want to know tax and law complication on it.

Idea:

Employees will be having their Demat+ trading account on their respective pan cards. But, they will be doing trading for company and with company money. Whatever profit or loss they incur will be of company. they will be provided with fixed salary and bonus with respect to profit.

In this scene, my queries are:

1. is this legal if employees are made to pay tax on profit incur on thier pancards

2. What will be different taxes if its a small firm and if a big firm

Please reply

Dear sir.,
Due to some implications one private company audit for last three years was not conducted and no returns filed with Roc, No Agm's held for those years

what are violations as per act and penalities?

what is the best remedy for above Problem?

Can we appoint auditors for previous three years at a time on current date?

Loan of the company is defaulted and become NPA. Is the bank has any say in the appointment of MD

Dear Members...

For increase in remuneration of Managing Director of Public Company, the Board contains 5 directors out of which 3 are interested including Managing Directors.
How can we get approval of Board of Directors for such increment in remuneration.
Thanks…

A power based company filed fcgpr with RBI.

The RBI ordered for a revised cs certificate stating that the issue of shares was as per the provisions of Electricity Act 2003.

How far is the Act applicable with regard to FDI.

If i want to startup with a company with the object of holding shares of group companies will it fall under the category of NBFC Company???

Dear Sir/Mam,

With regards to Buyback of Shares under Companies Act, 1956 kindly let us know that can the private limited companies buyback the shares if they are having sufficient free reserves but insufficient cash???? and also let us know on what grounds can buyback be rejected by the concerned authorities?

Kindly reply for the same as soon as possible.

Thanking you
Shweta Shah

An unlisted public company has accepted inter corporate deposit from other company in the year 2007 and insted of repayment of the deposit amount the company wants the shares of the company

Is there any restriction in the Companies Act regarding the matter above and if not then Board Resolution in both the Companies will be enough

Diffrence b/w corporate office and registered office ?

I have passed board resolution for appointment of Whole time director and call an EGM in the same meeting for the approval of shareholder for remuneration of wtd as per schedule XIII, please tell me whether the effective date of appointment is the date of board meeting or EGM for filing form 32 and form 25C