A Demat account is a type of dematerialised account used to keep electronic assets, such as money, equities, bonds, choices, and mutual funds. It helps maintain track of every transaction a person makes, including buying and selling stocks, bonds, mutual funds, and other assets. Let’s delve into what is BO ID and other details: What does BO ID mean in the share market? BO ID […]
Listed shares can be expensive, which makes it difficult for investors to increase their holdings. On the other hand, bonus shares provide an alternative by boosting a person's ownership position in the business without adding to expenses.
1991 witnessed the liberalisation of the Indian economy. Post this, SEBI was established by the Indian Government as the regulator for securities markets in the year 1992. Soon after that, SEBI started bringing reforms in the securities sector. Economic reforms started getting passed to accomplish specific goals, such as the growth of capital and personal inflows, modernisation, and the introduction of a free-market economy. The […]
As a budding trader, you have already opened your Demat account with the depository investor, i.e., DP. You may start trading in just some stocks at first. But when your trading skills enhance, there are chances that you will extend the trading and invest in different shares. So, if you wish to begin your stock market investments by investing in securities, a CDSL Demat account […]
Read on to know what you need to do to prevent yourself from a financial loss in case you have lost or misplaced your physical share certificate
Opening a bank account with any banking service that has been verified by the Reserve Bank of India (RBI) is a service available to any Indian citizen. However, for those who have maintained their Indian citizenship but reside out of the country;
For decades, trading in the financial markets has remained a prime lucrative opportunity for various investors across India. Today, with the advent of modern, online trading platforms and tools such as the efficient demat account, trading has become even more lucrative than ever.
Demat accounts are fairly similar to bank accounts. However, the key difference is that they hold securities and financial instruments instead of money. These accounts have become the preferred method of storing securities and are regulated and maintained by depositories such as the NSDL or CDSL in India, and traders generally avail their services through brokerage firms..
To invest in shares, bonds, mutual funds and other varied financial securities, it is mandatory to open a Demat account. It is also important to note that any profits booked by you by selling shares in your Demat account are liable to tax. That is why you need to be aware of tax implications on your Demat account according to the provisions of the Income Tax Act 1961.
Non-Resident Indians (NRIs) can invest in equity, equity derivatives, IPOs, Mutual Funds, and bonds in India. However, they are not permitted to trade in commodities, or carry out intraday trading, as per government regulation.
The world of online trading has become increasingly more accessible and convenient for both new and seasoned participants in financial markets. Today, traders and investors can execute and manage trades at lightning-fast speeds, at any time. Online trading has become so prevalent that an increasing number of people today dabble and even make a living with the high-speed world of intraday trading.
As part of an introduction into the world of holding and trading financial securities, one of the first things you’ll need to do is open a demat account, and understand the various charges associated with doing so, as well as the exact benefits received through the same.
The Conversion of Demat account to basic service Demat account can reduce the overall cost of the investment. Read on to learn how to convert a Demat Account to BSDA.
Read on to know common misconceptions about Demat account as well as the facts on the topic. Click here to read more on myths about Demat account at India Infoline.
Know here about Account Maintenance Charges in a Demat account and other types of account charges. Click here to read more on annual maintenance charges at India Infoline.
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