I will remember this upmove in bank nifty on 30th Nov ( Tuesday ) in my life.
@_GauravVashisth
@ITRADE191

More from Mitesh Patel
Pvt LTD : 25% tax
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.
Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.
Discussed with CA.
If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.
Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.
You can withdraw fund in form of salary and dividend only. Double taxation if withdraw after completion of financial year.
Partnership firm : 35% tax
Funds u can withdraw anytime. No double taxation even after completion of financial year.
Discussed with CA.
1. Make a Pvt Ltd Company.
— Aditya Todmal (@AdityaTodmal) March 1, 2022
Form a company with family members and trade under it. The family members should be directors of the company. Will explain why later.
Why form a company?
You will only need to pay 25% flat tax. Individuals have to pay 30% tax above 10 lakh profits.
If any CA has more information they can update here.
I am moving ( principal capital) to partnership firm to avoid double taxation.
Only drawback is you have to pay more 10% tax but funds will remain on your name only and no double taxation in future. You can buy properties etc on your name.
17% need workshop. 😂😀
This is my simple trading.
How many are believing only in simple trading system?
— Mitesh Patel (@Mitesh_Engr) April 3, 2021
This is my simple trading.
I don\u2019t have any magic.
— Mitesh Patel (@Mitesh_Engr) January 7, 2021
Next week I will prefer to sell put in between strike 30500-31000 as shown in pic. Will manage upto 31000.
If breaks 31000 as first down support then will exit put nearby 31000 strike and will sell
31500 call ( will act as resistance again )
Simple hai na pic.twitter.com/hPLIMq3tSe