Hello, I am a regular trader in the Futures & Option segment. I usually do my own research prior to taking any intraday or positional calls. However recently I came across several websites and brokers who offer daily trading tips via SMS during market hours. They have several packages and services for a monthly/quarterly/annual fee. […]

Dear Forum memebers, Kind help answer my following queries for tax filing: 1. I surrendered my ICICI Pension plan that I was holding for 9 years, last year and earned an amount of Rs. 97,700. I understand that this is taxable. Which section of ITR 2 should I indicate this income. Please let me know. […]

I want to know about BSDA(Basic Service Dmat Account). How to open this account? What is online Trading ? Is this another word for Share Market or seperate concept? 

Hi, I have recently become financially aware and started taking actions mainly due to this site and their books. Previously, I had been under the impression that investing money in any instrument having a remote connection to the market was a risky thing to do not unlike gambling. Fortunately I am out of of that […]

Hi,   I am 20 year old and i earn about 2 lakhs per year. As i currently live with my parents, my expenditure is low and thus i am thinking to invest 1 lakh per year…i am looking for 10-15 years of investment (that means 1 lakh * 10/15 = 10/15 lakh total investment).. […]

Hello Friends: I have became NRI due to 183 days stay outside India.  I am in US right now. As per the Indians Rule, existing Demat account should be closed by selling the MF/Stocks. When i checked with ICICI and all other providers ( HSBC/SBI.), NRI staying in US cannot transact in Indian Stocks/MF. ICICI […]

Hi All, I recently came accross a post on subramoney.com where he quoted that “if Wipro shares was bought in 1980 for value 10000, it would have now valued 342 crores..!!” I just want to know that whether the history can repeat itself looking to our economy? I am just 25/- I still have time […]

Dear forum members, My father aged 70 yrs is having a Demat account with ICICI. He has sold all his share holdings currently and wants to close the account. However he has a 4 IDFC Infrastructure Bonds that will mature in Nov 1025 in his Demat account. When he went to the ICICI branch to […]

I am holding a demat account with ICICIdirect. I was trying to open an account with FundsIndia for investing in Mutual Funds when I came to know that my KYC has already been initiated by ICICIdirect and is currently pending with DotEx. This came as a surprise to me since I had never filled up […]