chrisw (NA) (26 Points)
25 March 2011
Hi,
Is there any minimum capital mandatory to register an LLP for the company to deal in"sale and purchase of shares and commodities"
Is there any restrictions for such companies for short term buying ( eg intraday purchases)
Thanks in advance.
Regards,
Chris W
M.V.Ramana Murty
(Finance Manager)
(21 Points)
Replied 21 February 2012
Hi
My Friend living in Delhi had got some Shares in Hyderabad based Private Limited Company. He had transferred his Shares to a Hyderabad based Person for some consideration. The Question is Whether the Stamp Duty is payable as per the AP State Rates or Delhi State Rates. And what is the rate of Stamp Duty? Is it 0.25% or 0.50% on the total consideration. Please calarify.
Thanks & Regards,
Ramana Murty
Hyderabad
prakash
(Company Secretary)
(1352 Points)
Replied 27 February 2012
As per my view, total tax rate of stamp duty payable as per AP State Rate, that is 0.25% on total consideration.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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