Freelance trading of products in India
For most goods there is no license required, unless you are trading in restricted goods. Remittance need to be routed via banks and they should comply with FMEA. Your Bank or a qualified CA can guide you.
Welcome To Shainex Relocation AN ISO 9001:2008 Certified Company SHAINEX PACKERS AND MOVERS is a proud service tax payee Professional Services Provider for Packers and Movers, packing and moving, Domestics Packing Moving, International Packers Movers, International Packing Moving, Car Transportation, Air Cargo, Sea Cargo, Custom Clearance, Warehousing and Insurance Facilities. We also export goods to all worldwide Destinations, we have a lot’s of another exporters export leather Accessories Ready made Garments and Personal Effects as a Baggage, household Items to different Country, International and Domestics. If you interested So Please. Contact us on our Email Shainex Packers and Movers is an ISO certified company and government certified Packers Movers Company. Shainex is a proud service tax payee. Shainex take pride in offering great Packing &amp; Moving Services at reasonable prices. All our employees are well experienced, courteous and careful. We offer personalized service for any kind of relocation requirement whether it is domestic or International and we understand the importance of your belongings. Whether it is office relocation, commercial goods or household items etc, we offer safe packing and moving service. Under the supervision of our expert supervisors, we pack goods depending upon the nature of the item and use appropriate packaging material of best quality such as thermocols, cardboard sheets, gunny bags, plastic bubble sheet, cartons &amp; wooden crates. &amp; Plywood Box The material, which we use in our packing, is of best quality available in Packers Movers Delhi, Packers Movers Noida, Packers Movers Faridabad, Packers Movers Gurgaon, Packers Movers Ghaziabad, Packers Movers Chandigarh, Packers Movers Pune, Movers Packers Mumbai, Packers Movers Ahmadabad, Packers Movers Vadodara, Movers Packers Bangalore, Movers Packers Hyderabad, Movers Packers Chennai and Packers Movers in India. We ensure that all the goods are perfectly packed so that there is no chance of damage during transportation. The moving is with utmost ease and care. The goods are moved without any inconvenience and in a hassle free manner. The understanding of our packers &amp; movers about every aspect of the business creates a facility that provides experienced packing and moving by crews and professionally trained drivers. We relieve you from all your trouble &amp; anxiety by maintaining timely and intact delivery of your consignment, at your doorstep. We pack all your belongings as per the nature of the item and requirement with the help of our professional packing experts. All this leads to safe delivery of our client's goods to the desired destination. Manufacturer of Quartz Grit in India http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php#manufacturer-quartz-grit Supplier of Quartz Grit in India, Manufacturer of Quartz Grit in India - Shri Vinayak Industries is offering high grade Quartz Grit. We produce finely processed Quartz Grit by our super efficient production unit. We are dominant supplier, Manufacturer and exporter of Quartz Grit. Usage of Quartz Grit in tiles, Ferro alloys, Ferro silicon, Ferro chrome, oil drilling, artificial granites, and electrical industries. Other applications of quartz grit are in steel industries, sugar refining, dairy farms, paper industries, chemical industries and water treatment plants. "I know its not legal to have open long and short position on specific security (on two stock exchanges - NSE/BSE) There is nothing illegal about it. There are prescribed ways on how this is addressed.  In Cash Segment / Intra Day trades:   One can short sell a security. If by end of day he does not buy the security; it goes into Auction. The said security is purchased on your behalf. Any profit or loss arising out of this is charged to you. Similarly one can buy a security; if one does not pay the amount by end of day; it would go into auction and sold. Any profit or loss arising out of this is charged to you. If you short sell a security on one exchange; you have to buy it on same exchange. If you buy on other exchange; it will not be adjusted against this short position. Also is it legal to have long position on stock and short its derivative (future/option)? There are no restrictions. Edit: @yety Party A shorts 10 shares of HDFC today in Intra-Day Cash Segment purchased by Party B. Rather than buying back 10 shares or allowing it to go into auction... Party A borrows 10 HDFC Shares from ""X"" via SLB for a period of say 6 months [1 month to 1 year]. This is recorded as Party A obligation to ""X"". These 10 borrowed shares are transferred to Party B. So Party ""X"" doesn't have any HDFC shares at this point in time. However in exchange, Party X receives fees for borrowing from Party A. If there is dividend, are declared, Company pays Party B. However SLB recovers identical amount from Party A and pays Party X. If there is 1:1 split, now party A owes Party X 20 HDFC Shares. On maturity [after 6 months], Party A has to buy these from market and given back the borrowed shares to Party X. If there are some other corporate actions, i.e. mergers / amalgamations ... the obligation of Party A to Party X is closed immediately and position settled. Of course there are provisions whereby party A can pay back the shares earlier or party X can ask for shares earlier and there are rules/trades/mechanisms to facilitate this." I feel the need to separate my freelance accounts from my personal accounts. Yes, you should. Should I start another savings account or a current account? Do you need the money for daily spending? Do you need to re-invest in your business? Use a current account. If you don't need the money for business expenses, put it away in your savings account or even consider term deposits. Don't rule out a hybrid approach either (some in savings account, some in current account). What criteria should I keep in mind while choosing a bank? (I thought of SBI since it has a lot of branches and ATMs). If you are involved in online banking and that is sufficient for most of your needs, bank and ATM locations shouldn't matter all that much. If you are saving a good chunk of money, you want to at least have that keep up with inflation. Research bank term deposit interest rates. The tend to be higher than just having your money sit in a savings account. Again, it depends on how and when you expect to need the money. What do I keep in mind while paying myself? Paying yourself could have tax implications. This depends on how are set up to freelance. Are you a business entity or are you an individual? You should look in to the following in India: The other thing to consider is rewarding yourself for the good work done. Pay yourself a reasonable amount. If you decide to expand and hire people going forward, you will have a better sense of business expenses involved when paying salaries. Tips on managing money in the business account. This is a very generic question. I can only provide a generic response. Know how much you are earning and how much your are putting back in to the business. Be reasonable in how much you pay yourself and do the proper research and paperwork from a taxation point of view. This is taxable in India. You need to declare the income and pay taxes accordingly "ITR-4 is for incorporated business. For freelancing, You can fill ITR 2 and declare the freelancing income as ""income from other source"". Refer to the Income Tax website for more details" Supplier of Quartz Grit in India Best Price http://quartzpowdermanufacturers.com/supplier-of-quartz-grit-in-india.php  Shri Vinayak Minerals has made a place amongst the most entrusted names in mineral business, and we are manufacturing offering an inclusive range of Quartz Grit. The whole range of Quartz Grits, provided by us is extensively appreciated all over the nation. We do supply our products in India and to other countries too. Vietnam, South Korea, UAE, Malaysia, Taiwan, Thailand, Saudi Arabia, and Indonesia are our prime international clients. You will be categorized as self employed. Will I have to register myself as a company or can go on unregistered and work You can register a company or can use an umbrella company or work as a sole trader. Remember as a sole trader you are legally responsible for you company's activities, an if a company sues you for your work he can take compensation from your personal assets. As a company your liability ends with the company, if your company is sued. Your personal assets are outside the purview of the lawsuit, but the court can attach that also but those are rare. This doesn't matter if you use an umbrella company. If you intend to be doing this for a short time(maybe a year or so), go for an umbrella company. Else register a company. will take you 5 minutes to form one. Depending on your earning you might need to register for VAT too. A comprehensive guide for self employed on HMRC. what would i need to be sound in uk and to be fit to work online as a freelancer? The same as above. Will it include paying any tax or paying any insurance Yes you have register for National Insurance(NI), before you can pay yourself a salary. The benefit of a company is you pay yourself a minimum salary, below the limit above which you have to contribute for NI, and take the rest as dividends. And pay no tax on it, till you don't exceed the limits. When the money comes in my account, will i be accountable to government of uk, to tell the source of income? If you are operating through a company, yes you would need to show your income(including source) and expenditure when you do your annual returns. What should i be knowing, like health insurance and things that are necessities in uk for a freelancer ? No health insurance as NHS exists. You can take out health insurance if you don't want to get into queues in NHS. I am a freelancer based in Europe and I want to tell you: - if you are a freelancer, then you INVOICE your Swizzerland based client The word salary is improper. - So your client will DEDUCE the invoice from its taxes, and NOT pay income tax on top of that invoice. Because invoice = expense.  So, ONLY YOU pay income tax in India. Your client pays no tax at all, not in India, not in Swizzerland. As you are a freelancer and not employee, the company has no obligation to pay employer taxes for you. A company  has financial benefits from working with a freelancer. The Company M/s. I-Lace Fashion (Pvt) Ltd., was established on August 2007, as a leading exporter of Leather Garments and Textile Made-ups from Pakistan. It is part of a group of companies &amp; the group is primarily engaged in the exportation of Textile, Fabrics, Garments, Bed Sheets, and Leather Jackets since 1984.  I-Lace Fashion (Pvt) Ltd., is a quality conscious company and has a well-defined policy of provision of quality products at competitive market prices. Company pursues aggressive product marketing &amp; is always endeavoring to explore new markets. The success of the marketing efforts is because of the policy of the company to maintain consistent quality of the products at low cost. Now today all small and big business depends on the internet. So businessman should be those business lists in the multiple online directories. In the USA maximum user buy product through the web. If you have a business, then you can list your business globaltradeconnect's Business directory online. Where you can get more customer, product information, business location and direction. It's awesome to list a business on other online website like Google, Facebook, Bing. You can receive funds from US Client as an individual. There is no legal requirement for you to have a company. If the transactions are large say more than 20 lacs in a year, its advisable to open a Private Ltd. Although its simple opening & Registering a company [A CA or a Laywer would get one at a nominal price of Rs 5000] you can do yourself. Whatever be the case, its advisable to have seperate accounts for this business / professional service transactions. Maintain proper records of the funds received. There are certain benefits you can claim, a CA can help you. Paying taxes in Advance is your responsibility and hence make sure you keep paying every quarter as advance tax. Related questions Indian citizen working from India as freelancer for U.S.-based company. How to report the income & pay tax in India? Freelancer in India working for Swiss Company Freelancing to UK company from India How do I account for money paid to colleagues out of my professional income? GelomanIndianSpares is one of complete motorcycle spare parts resources for motorcycle enthusiasts. On our company website are available Indian motorcycle spare parts catalogs along with thousands of more parts. People who want to continue riding their Indian motorcycles should always try to buy the correct spare parts. You could also contact us anytime about all motorcycle spare parts and talk with our professional. We will very happy to help you with your queries. The GlobalTradeConnect contains a Maximum number of wholesale product categories and you can choose from thousands of wholesale companies on our Business 2 Business directory. The expression business to business industry is used for an E-Commerce, which basically enhancement the businesses.From buying an item, then getting it all the way to ending the scope, everything occurs online without any actual connections.Hence, B2B market segments can principally be described as websites, which are made and used for business to business. Most of the Indian Brokers started offering API's to retail client these days. And NSE Exchange also supports algo trading at retail level. Currently two levels of API are offered. 1)Semi-automatic or one touch trading (Retail Traders) 2)Fully Automatic ( Dealers) I had tested the API with a discount broker www.tradejini.com and it is good at retail level. But to make your trading systems fully automatic you need to pass NISM Series VIII certification (Dealer Certification) and have to take dealer terminals from the broker. You also have to register as a dealer and have to take permission from exchange to run your algos fully automated. Without Exchange permission it is illegal to involve in algo trading.