Intraday Trading On Nifty (7th February, 2022); 1.24 Lakhs Profit; Shreyas Bandi; Trade Ideas Live
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- Опубліковано 18 жов 2024
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This is the 141st episode of Intraday Trading series by full-time trader Shreyas Bandi.
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Absolutely no where in UA-cam can we find information shared like Shreyas does. Thanks a lot!!
Bro, you are made of something else. Soooo Open about everything. I really Love you for that. I hope nobody takes advantage of that.
Straight to the point. Can’t thank enough for the wonderful and transparent information 🙏
HI Thanks for the information
Can we manage relatives and friends money through this account? and If yes, how will the profits be distributed?
This keyword is very Important unless if the profit cross more the 1CR then we need to have PVT company account. I don't think 90% retail traders will reach that target
99%
Shreyas, did you open LLC or one man company or Pvt LTD company ? Which one? This is important information to know because the compliance cost and other things are different for each of them. Thx.
Pvt Ltd
@@NiftyBN why pvt ltd !
Why not one person company..!
Because of funding or any other reasons
Do we need GST !
Thank you for this great video, I just had a question:
At how much yearly income (through options trading ) we must consider opening a corporate account, Shreyas Sir?
Which corporate dmat account is best? HUF/ PRIVATE LTD/ PARTNER SHIP / LLP?
Clearly understood bro.. 👍you are so kind and great for sharing like family member 🥰
Wow Shreyas, as you said nobody will share this kind of info. Great👍
Can't all these expenses be deducted in a proprietorship firm also rather than going for a pvt. ltd. with these huge compliance processes and costs because anyway director is liable for damages?
Master and a true new age trader and investor. Jhunjhunwalas and Jedia’s are past. This is age of people like shreyas and pr
Can i ask how do you take out profits from company account? Let's say you need a large sum of 20 lakhs for some personal reason (as a director). How do you take out? Is there any complication? As a dividend payout?
Looking forward for this video from long time.. Thankfully.. I found this video.. You earned my like and subscribe bro for the noble work you've done as you said, this topic is not touched by any you tuber till date I guess..
Great information! My question is suppose you were holding shares(liquidbees or any other stocks) in your name before incorporating the company. Can you transfer those holdings to a corporate account?
Thank you
But only as lending
@@stockmarketdr can you lend shares?
Very informative buddy...what you suggest for salaried person @
Hello shreyas if we are doing full time trading in company accounts can we get credit card
Trade fastly on single click
1. Place order quantity more than freeze limit
2. Change expiry and strike price in seconds
3. Single click buy/sell
Shreyas sir, Being a CA i would like to ask you one question.
Why haven't you set up LLP rather than Pvt. Ltd. Co?
Under a company, first you'll pay corporate taxes @25% and then whenever you decide to distribute profits you'll pay DDT as per your relevant slab rate (which slab obviously be 30% again). However, under LLP you'll pay corporate taxes initially @30% but then as per section 10(2A) of IT Act, the profits shall not be taxed again in hands of partner (i.e you)
Who pays dividend these days ??
Can one trade in equity segment ( intra day and positional ) in company account ??
If I wanted to start another business can I transfer funds from this consulting company to other company?
And If i have to manage other people money should I take as debt loan from them or charge consulting fee from them and trade in their dmat only . Which seems better option to you
What happens when 100% of profits in pvt ltd or LLP is from FNO and the objective of the company is consulting? Any 50-50 rule here?
this guy is a genius
kudos to you shreyas
Question about margin - I see you have a huge margin need - I am wondering do you pledge stocks or mutual funds to get this margin ..or just keep plain cash ? if you pledge mutual funds ..can u share which mutual funds ?
🙏🏻🙏🏻👏🏼 nobody share these things for free thanks alot
Hey Shreyas, I recently found out that if we mention consulting in the business description, we are not allowed to trade in equity, only F&O. Is there any workaround to this, as a huge part of my margin comes from pledging equity? Thanks a lot for this video, helped me a lot.
What should be the working to be mention on deed only for trading purpose?
Any info for NRI to open a company with a resident Indian and setup trading account ….!
Hi boo very informative video..what if u buy a residential property in company s name ? will it invite legal complexion
Should we register the pvt ltd company under nbfc for trading activity ??
Info related to company starts at 2:40
If we register a partnership firm, we can take benefit of presumptive taxation. Under presumptive taxation, you can show 8% profit without maintaining any books or bills and pay tax only on 8%. There is a limit on income, though. Annually you should earn less than 2 crores, to be eligible for presumptive taxation. But, you can register multiple partnership firms. There is no such restriction.
Pvt Ltd, LLP or proprietorship is not eligible for presumptive taxation.
How can we do this.. Procedure please to setup a partnership firm
How much TAX we should pay when we TRADE in a COMPANY ACCOUNT ?
Isn't LLP a better way? Yes taxed at 30% but there is no double taxation as in case of company.
what's the best way to transfer more than 10 lakhs into zerodha account
love the straightforward style
Thanks, Shreyas for providing the information in a very clear manner.
Can forming OPC instead of private limited company achieve same benefits with less compliance requirements?
Shreyas, I am working professional, and I am also option trader since 2018, can you please tell me how can i open company ??
love you bro. just wow so many of insight information and One more thing Thanks for sharing this information in Free :) :)
Is it better to have an LLP to start with
What is the difference between LLP and pvt limited in terms of compliance, tax benefits?
Can u manage other people's money in this company? how to do that? i want to start a similar company and also manage money for clients. how so i proceed? Thanks
Immensely grateful for this video brother.
Would love more of this in details if you plan to do video
Thankyou
NBFC license lena hota hai agar company ki main sorce of income capital market hai to
No.Bro..No Need
If 50% of the revenue of the company is coming from trading activity, I heard it should be registered as NBFC. How will you manage this ?
Thanks for such clear information. Its difficult to get this even from seasoned CAs as confusion rules.
The tax advantage is actually 5%, and as advised by you not worth it if profits are less than 1 crore?
There r certain things regarding trading in company account-
1- u yourself said that as per NBFC definition, if more than 50 % profit coming from trading activity, nbfc license is required. If no body has received any such notice doesn't mean that it is allowed as per law. Same question has already been raised in tradingqna of zerodha. Traders have mentioned there that yes they have recieved notices from govt regarding NBFC license. Nitin Kamnth himself cleared that NBFC license is required.
2. If NBFC license is not required why u said that don't mention trading activity as main objective. Once we mention trading activity as our primary objective ROC will ask for NFBC licence. You escape this route by showing other business activity but that will again be termed as not complying with the laws.
3. Manu bhatiya sir recently has done one twitter space regarding the same query, he him self confirmed that yes NBFC license is must.
Your logic for incorporating company is no body form govt asks abt anything. Firstly cases are selected on sample basis by ROC. So if ur cases doesn't comes under their sample, they won't be able to ask anything.
U having a big follower count on UA-cam should not suggest such things.
Why do i need to take on personal liability if i am starting a private limited company. That defeats the purpose of having limited liability
Awesome bro! you discuss things that no one else tells openly on youtube
can anyone solve my query of what broker at this date and time gives the ability to buy far otm options first in basket orders for heding benefits and accept pledging ?
zerodha is all good but can't execute buying hedges first and have to execute sell legs in mulitple baskets which doesn''t let me utilize full margin available
looking to switch to upstox or angel but don't know if they allow all this or don't
Is it possible to incorporate a One Person Company (OPC) for doing the trading and investment activities in company's name? If Yes, what will be the procedure?
Plz. make a detailed video on the above topic.
Thank you very much for explaining trading in company a/c. I am having yearly trading income of about 4cr and was mulling over this.
Thanks, best information out there simple and straight forward without any course selling hahah
one of the best info i got from UA-cam...........thankz man.........
Shreyas , why PVT ltd, why not proprietorship firm, can explain the pros and cons btwn them.
great real life learnings from you. thanks a lot. is the brokerage charge also an expence in tax audit lite wifi cost and employee salary*
what is difference between trading company and consulting company as consulting company can give only advice to other people how can we trading on name of consulting company
Great and awesome guidance 👍
What is the tax rate if director wishes to withdraw salary? And should we pay taxes on both sides like as a company paying income tax & taking salary through company another income tax?
Same as drawing salary from any company
Superb work. Thank you shreyas. Any way to get trained by you?
Thanks for the details. Wanted to know if we can separate short term and long term capital gains from F&O (business income ) in a corporate account. The tax rate for long term is only 10% as compared to 25% for business income. Is there any way to connect on phone to clear the doubts.
everything will be @ 25 minimum
No one talks about these stuff..kudos
Wow. Super transparent and straight to the point.
How much will the CA charge generally for all of this
Depends, anywhere from 20k to over a lakh if you are having them managing the accounting part as well
Hi Shreyas. But forming a company will it benefit except for showing certain expenses for deduction as the mode of business which is options trading is taxed at 30% anyways. Will be helpful only when the tax bracket is more than 30% and is a full time trader.
But is it 25% or 30% for Ltd companies?
Thanks shreyas for the detailed information. One Question : How are you going to withraw the profits ? as you said we can only get funds out via dividends or salary which is highly taxable again.
I think you can pay yourself an annual salary below 5 Lakh which is below basic Tax Slab, provided you don't have any other source of income. This 5 lakh is claimed as an allowable Expenditure by the company for Taxation purposes, and still you need not pay any tax because it is below the Basic Tax slab. For all other things, as Shreyas said, your company can spend for you, right from petrol, car maintenance, food, travel etc. Thanks Shreyas for sharing such a valuable and very important information.
@@cspankajpatil4921 can an nri become director?
@@marketmoja - did you figure out an answer to your question ? If yes, did u create a company where u or the nri u are referring to became a director?
@@rakeshmamdapur no bro, i am yet to get an answer for this
Pls provide free webinar on your UA-cam channel how to trade
What aspects to be considered while trading
People who can’t afford paid webinar’s will benefit from you
Thanks Shreyas. Much appreciated.
Shreyas, can you do equity long term investing and equity cash trading, swing trading as well in that way or only F n O.
thanks for the video, it is very helpful.
thankyou so much shreyas. learned something new
Thanks @shreyas for such honest and open information.I agree very few people share this kind of information 👏
Good information. Hearing first time and non other than you came up with such video I suppose
Now this business is going to be speculative business.
Ur very open n straight forward bro
Great info as usual. Do you need an office or virtual office will do? For other expenses don't you think a salary is needed? Difference between a partnership firm vs Pvt ltd, which is better for trading?
What about GST Registration and Compliance ?
No question of GST registration & compliance
Sir do you provide training .
Hey shreyas..
I have registered a company and now i am trying to open a current account in bank..
Nd they told me that you are trading so we need some certificate from RBI
in which bank u had opened an account??
Please help me out from this situation
Have u figured it out yet? Wanted to know if any issue u faced if it’s not registers under nbfc
Is it possible for proprietorship firm
Yes
we want more of this type GG big fan
Do you conduct workshop????
Thats super useful Shreyas. Thanks.
Have a doubt. In case of a scrutiny from department, will they not disallow any expenses which are not related to the business? Any provisions In the IT act to disallow any expense?
Might be some provision but haven't come across anything like that
Expenses maybe a grey area, and balance sheets may need to pass tax assessors scrutiny. Which may in turn depend on local area tax targets, which may depend on which part of the country etc, Assessors could also compare expenses of two similar companies as happens in other countries. But most ITD officers dont have a clue about trading still, so...
Thank you very much Shreyas.
Can PSU employee do drading ?
Frankly, I have nothing to do with opening a company😂 but truly loved yr content and transparency... Very few on youtube are transparent as you... n in real life Not even CA's 😂... Thanks....🙏
Thank you for your honesty and transparency 👍
Kindly make some more video regarding to this
on the point ma man
Thanks Bro.... really apricate...
Thanks for being honest and providing information..
Awesome content that nobody told 👌
Very informative video. Thanks
6:42 I am single broo 🙂🙂 para nhi kia karunga itna paisa k….koi hai hi nhi jiske upr spend kru
Very very useful video Shreyas
Immensely informative as always.thank you shreyas 🤩
Starting tone❤❤👌
From where can I get that starting tone ?
Very good information
Great video
great content.