I see there is a vast difference between Individual vs company tax structure if you are earning more than 50L/1Cr per year. I think individual could go up to 41%(highest slab + surcharge) where as a company has a flat of 25% + surcharge + education cess (for an income above 1cr i guess) Also there is are some advantage of reducing expenses related to business/buying a business vehicle/buying equipment related to business etc if you are filing taxes as a company
Do anyone has any idea if we can setup a company and do stock/f&O trading in company account instead of individual account. I see some requirement of having NBFC license and all. i would like to know how I can setup a company and trade and what is the process and is it possible without getting a NBFC license. Thanks in advance.