What is the difference in Commission and Salary?
We are member of stock exchange and providing arbitrage platforms. A persons comes to our office, uses our infrastructure and funds and doing arbitrage activities, and from the profits he gained, he is entitled for a sum determined on a fixed percentage. For example, If he gains Rs. 100 from arbitrage and the sharing ratio is 50%, then we will pay him Rs. 50.
What is the nature of this transaction? Whether is it a salary or a commission?
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