Tax Implications of Holding Securities in a Demat Account
Since the introduction of Demat Accounts, investors have been enjoying its various benefits, such as protection against theft, reduced paperwork and easy settlement of transactions. However, there are several tax implications of holding securities in a Demat account. Understanding the tax implications of demat accounts in India is crucial for identifying the tax liabilities and […]
Eligibility Criteria to Open a Demat Account
India’s economy has expanded rapidly in recent years and is on track to reach $5 trillion. If you want to participate in the nation’s development, you must invest in Indian companies listed on the Indian stock market. A Demat account is a necessity for investing in the Indian stock market. However, having knowledge about the […]
Elcid Investments – India’s Costliest Stock: From INR 3 to INR 2,36,250 – Share Price History
If you are an investor who regularly participates in the stock market, you probably might have heard of scenarios of if someone had invested INR 10,000 twenty years back in a particular stock, then the investor would have been a multi-millionaire by now. But what if we tell you that recently, a stock turned an […]
Demat Account Nomination – How to Add a Nominee?
At times, investors get concerned about what would happen to the securities in their demat account if they passed away and is there a procedure they can follow to transfer the stocks to a family member? The answer to that query is “Nominee.” Investors can designate a nominee in their demat account so that in […]
How to Check Demat Account Status or Balance?
A Demat account holds securities such as shares, bonds, and mutual funds in electronic form, providing a safe and convenient way to manage your investments. Knowing how to check your Demat account status or balanceis essential for monitoring your portfolio and making informed financial decisions. Whether you are an active trader or a long-term investor, […]
What is a Minor Demat Account? Meaning, Features & Benefits
If you are familiar with equity investments, then you must also be aware of the benefits of starting the investment journey early. If you want to safeguard your child’s financial future but are unsure about the specifics, then this blog is for you. In this blog, we will walk you through the process of opening […]
When Bonus Shares Are Credited in Demat Account?
When bonus shares are credited to a demat account, it signifies a company’s decision to reward its shareholders by issuing the additional shares at no extra cost. This corporate action is usually announced along with the company’s financial results and reflects its commitment to return value to investors. Understanding the timeline and procedure for bonus […]
How to Enable Two-factor Authentication in Demat Account?
In today’s digital world, almost all personal and financial information of a person is in some form stored digitally. This makes them vulnerable to cyber threats, as evident from the frequent instances of cyber frauds, which makes safeguarding your financial assets more important than ever. Two-factor authentication (2FA) is a vital security measure that adds […]
How to Transfer Money from a Trading Account to a Bank Account?
Every individual wants to make huge profits in the stock market, but all the profits earned remain in the trading account, which you can’t spend. One must transfer these funds to the bank account to spend it, but you might wonder how to transfer money from a trading account to a bank account and vice […]
What is a Depository? Meaning, Benefits, Types & Roles
A depository is a financial institution that holds and manages securities like stocks, bonds, and other financial assets on behalf of investors, ensuring the safe custody and smooth transactions. Depository Participants act as an intermediary between investors and the depository. The depositories facilitate buying and selling securities in electronic form and eliminate the need for […]
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