I am working in the Gulf on a Company Visit Visa (i.e. I am not an NRI), I'll be frequenting to India every two months due to visa norms. After six-eight months Ill be on a job visa (NRI).
I have been investing in the stock market for about two years,
I am planning to register a Small Scale Industry, but It wont be operation for about 1 1/2 year.
Can I register a company/unit in India (preferably SSI or simply an office) and start trading using its pancard, demat & trading account?
If I use this approach what are the tax considerations (capital gains / income tax)
Can I show salaries for employees as expenses.
Thanks.
I have been investing in the stock market for about two years,
I am planning to register a Small Scale Industry, but It wont be operation for about 1 1/2 year.
Can I register a company/unit in India (preferably SSI or simply an office) and start trading using its pancard, demat & trading account?
If I use this approach what are the tax considerations (capital gains / income tax)
Can I show salaries for employees as expenses.
Thanks.