Who knows how to buy shares online

Issue #2568 new
md shahjahan created an issue

Who knows, how to lift how to buy shares online .many pepole asked them selves how to be rich and iweel show you how People like you and me cannot just go to a stock exchange and buy and sell shares. Only the members of the stock exchange can. These members are called brokers and they do that in our behalf. So, if you want to start investing in shares, you can do it only through a broker Every stockbroker has to be registered with the Securities and Exchange Board of India, which is the stock market regulator.. .. 2. Get a demat account Gone are the when shares were held as physical certificates. know, they are held in an electronic form in accounts Demat refers to a dematerialised account. Let’s say your portfolio of shares looks like this: 40 shares of Infosys, 25 of Wipro, 45 of HLL and 100 of ACC. They will show in your d account. You don’t have to possess any physical certificates showing you own these shares. They are all held electronically in your account. . 3. Get a PAN The taxman demands that you get yourself a Permanent Account Number. This is a unique 10-digit alphanumeric number (AABPS1205E, for example) that identifies and tracks an individual in the taxman’s database. Almost every money transaction demands the use of a PAN. These include: ~ When you get a job ~ When you file an income tax return ~ When you open a bank account ~ When you deposit cash of Rs 50,000 or more in a bank ~ When you open a bank fixed deposit of Rs 50,000 or more ~ When you open a post office deposit of Rs 50,000 or more ~ When you buy/ sell shares and mutual funds or ~ property or ~ vehicle ~ When you take a loan: home/ personal/ other ~ When you pay in cash to hotels and restaurants against bills for an amount exceeding Rs 25,000 at a time ~ You also need to mention it in every transaction you have with the tax officials. If you are going through a tax consultant, you need not worry. He will supply you with Form 49A (the application form for the PAN number) and give you a list of the documents he needs. However, if you believe in doing things on your own, the process is reallyand hel not that tediou this is just som ways i wish if i could help you Bouira, Algeria?

Comments (0)

  1. Log in to comment