PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
Sebi offers a way over FPI tax rule hurdleIn a bid to streamline tax compliance, India's markets regulator Sebi is actively negotiating with the CBDT, the country’s tax authority. T...
No nomination in mutual fund or demat account? Here’s how legal heirs can claim investmentsNot having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
SEBI seeks CBDT clarity on tax role of authorised representatives of FPIsIndia's market regulator Sebi seeks clarity from the tax department on the duties of authorised representatives for foreign investors. Fund...
Are you making these mistakes when opening an NRI demat account?NRIs looking to invest in the Indian stock market can now easily do so through NRI demat accounts. It is critical to understand the differe...
Sebi lays rules for automated deactivation of trading, demat accounts in case of inadequate KYCsNoting that addresses form a critical part of the KYC procedures, Sebi said that every address recorded for the purpose of compliance with ...
TDS on crypto, new credit card rules, higher PAN-Aadhaar linking fine: 5 changes coming into effect from JulyThere will be a number of big financial changes in the month of July. Here are five monetary adjustments that will take effect in July.
Demat account frozen due to non-compliance of KYC requirement? Here’s how to unfreeze itThe Securities and Exchange Board of India has set a deadline of June 30, 2022 for making existing demat and trading accounts KYC-compliant...
How to update these 6 mandatory KYC details in your Zerodha demat, trading accountKYC compliance for demat and trading accounts has been extended until June 2022. This means that holders of demat and trading accounts must...
KYC deadline for demat accounts extended: One-time extension valid till this dateThe Securities and Exchange Board of India (Sebi) has given existing demat and trading account holders a one-time extension. According to S...
You will not be able to use demat, trading account from April if these 6 KYC details are missingInvestors with demat or trading accounts have been urged to update their know-your-customer (KYC) information by March 31, 2022. Their acco...
Sebi extends KYC deadline for demat, trading accounts to December 31, 2021The original deadline was July 31, 2021, which was extended to September 30, 2021, due to the Covid-19 pandemic. This is the second time th...
Trading, demat account sans full KYC to remain active till Sept 30 as SEBI extends deadlineHad the deadline not been extended and one hadn't updated these KYC details in their demat or trading account, then the account would have ...
Your demat, trading a/c will be deactivated by July 31 if you haven't given income level, these KYC detailsIf these details are not updated, then your demat account will be deactivated by the depository and will not be activated till you update t...
How to open demat account in the name of a minorDemat accounts can be opened in the name of a minor child only by the natural guardian or parents or the court-appointed guardians.
Budget 2014: One KYC, one Demat across the finance sector; Govt makes it easy for you & meKYC norms have also been eased, which means KYC verification by one organisation will be accepted by another.