Shruti Jain
This Query has 1 replies

This Query has 1 replies

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


CA CS PRASHANT
This Query has 1 replies

This Query has 1 replies

31 August 2009 at 18:05

ULIP

I have invested in ULIP and now i want to change this to father's name.Can this is possible.If yes what is the procedure.....Plz clarify


subrahmanyam
This Query has 1 replies

This Query has 1 replies

30 August 2009 at 14:48

Account No change

Hi
I have applied for trading account with a corporate broker. They allotted me a no which i dont like. They say that, SEBI will not permit to chnage NO. Is it correct or is there any way I can get the No Changed?
Thanks in advance
Subrahmanyam


Rohit
This Query has 2 replies

This Query has 2 replies

29 August 2009 at 14:50

STT

Can STT, Service Charge, Service Tax, etc. paid on purchase & sale of shares in a recognised stock exchange be taken as a part of the cost?


CA Vijay V Kodmur
This Query has 2 replies

This Query has 2 replies

28 August 2009 at 14:29

Basic Knowledge

Dear Sir,
I am not aware about the share market and I want to Invest money the shares so How can I get the Knowledge ,about how the share market runs any web sight for getting knowledge


Radheshyam Bhutada
This Query has 2 replies

This Query has 2 replies

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
This Query has 1 replies

This Query has 1 replies

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
This Query has 1 replies

This Query has 1 replies

19 August 2009 at 17:05

Hedge Funds

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


Guest
This Query has 2 replies

This Query has 2 replies

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
This Query has 1 replies

This Query has 1 replies

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.