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Demat

Understanding BSDA – Basic Services Demat Account

Basic Services Demat Account for Retail Individual Investors Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Income Tax

All about Securities Transaction Tax (STT)

Securities Transaction Tax (STT) is the tax payable on the value of taxable securities transaction. STT was introduced in India by the 2004 budget and is applicable with effect from 1st October 2004. What all Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Investment

Withdrawal of IPO applications Post Issue Closure

Yes, withdrawal of Initial Public Offer (IPO) application can be done even after the issue closure!! It is commonly known that in book built issues applicants can revise or withdraw their bids till the issue Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Deductions

Guide to Standard Deduction

Budget 2018: Standard Deduction makes a comeback after 13 years With effect from 1st April 2018, standard deduction of Rs 40,000 (or the amount of the salary, whichever is less), would be allowed from salary Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues
Investment

ASBA – Application Supported by Blocked Amount

In January 2008 Reliance Power came out with Initial Public Offer (IPO) aggregating to Rs 11,563 crores. The issue was oversubscribed by more than 73 times and generated demand exceeding Rs 750,000 crores. Reliance Power Personal Finance guide to Mutual Funds, Stocks, Insurance, Investments, Loans, Tax Planning, Non-Resident Indians related issues

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