Hi everybody,
It seems, SEBI has increased Retail limit from 1 Lac to 2 Lacs… Even though its good for us retailers, but u’stand there is going to be a screening on the applications above 1Lac…
I just wanted to know that when the investor makes an application for more than 1Lac, in the name of his wife or retired parents and the amount goes from him, what impact will have in the investor with regards to Tax……..
Mani