Thanks, @Ragavendran_M. And this delivery is guaranteed? i.e., if the seller of the option doesn’t hold the stock, his broker will compulsorily buy from market and deliver? Or is there a chance that I won’t get delivery?
Yes, the clearing corporation will settle the shares. If suppose shares are not available, the exchange will conduct the auction and deliver to the buyer. even after the auction if the shares are unavailable they will do a closeout. (cash settlement which is very rare).
What if your analysis is 100% accurate and is making money for the clients all the time, does the analyst require a SEBI registration?
One thing I noticed is clients complain when they lose money. And then SEBI debars or fines that analyst.
What if things are working and no complaints??
in 2023 which option is best to reduce tax if ones fno profit is over 50lakh. as per google search LLP tax rate is 30%, so its same as individual.
If you are just trading for your own money, I think it is best to show it as an individual itself. You can claim all expenses for trading as an individual as well, no need to set up a partnership or company for that purpose.
@nithin The maximum surcharge & cess is lower in partnership. Individual max tax rate is 39% and partnership is 34%. So don’t you think, partnership is the best way? It is quite simple, no grey area. Trading is allowed in partnership 100%.