|
|
| *The Commerce Journal>>>India Taxes |
How can i get demat account? How will the processing for NRI? |
I am in india for my vaccation, i wanna open bank account which i can trade online? Do i need to have PAN card before applying to demat account? How long it takes to open bank account and demat account? Does both can open at a time? Please advice... This is the right time for you to open a bank a/c, demat a/c and apply for a PAN card. Do not waste time and start the work immediately. The bank a/c depending on the bank will take 1 hour to 7 days. Demat account will also take 1 hour to 7 days. But Pan card will take about 7-15 days if you have filled the form correctly and submitted the requirements in full. Well u can open both the accounts at the same time..but disclosing your NRI satus may put u in trouble coz an NRI is not supposed to trade in indian stock market directly as the normal citizen does. for doing that he needs to open a seperate account called as PIN's(Portfolio investment services account) in an RBI nominated banks..here all your transactions will be routed thru RBI....and u must have a NRI Bank account...its all a big head ache..... |
| Tags |
| United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes India Taxes Germany Taxes Canada Taxes Australia Taxes Small Business |
| Related information |
for prop firm tax is to be deposited quarterly so tax becomes due on 5th jan ,2008 if collected between oct 2007 to dec 2007 through tr-6/gar-7.detail for circular on service tax deposit and gar-7... Maximum limit of 80G (depends on your gross income): If aggregate of the sums donated exceed 10% of the adjusted gross total income, the amount in excess of 10% ceases to be entitled for tax benef... As on 2nd Dec 2007 5:14 pm Currency Exchange rate is US$1 = Rs. 39.625. Your annual earnings = US$ 31012 x 39.625 = Rs. 1228843.596 per annum. Since a year has 52 weeks, your 2 weeks earnings w... If your taxable income is just Rs.55,000, then it will attract only 10% & 20% tax. If your taxable income Rs.55,000 @30%, means your yearly income is Rs.3,05,000. Then only your Rs.55,000 wil... Your PAN card details can be known if you can correctly answer like your name, your fathers name and your date of birth. If you have all the details correctly, then open the below web link (by clic... U/s 80C Maximum you can invest Rs.1,00,000/- only. If you are men, you have to pay tax on balance Rs.40,000 @10% = Tax Rs.4,000+ Edu.Cess Rs.120/-. Your income: Rs.2,50,000 less 80c deduction ... Your PAN card details can be known if you can correctly answer like your name, your fathers name and your date of birth. If you have all the details correctly, then open the below web link (by clic... If you lost your pan card and wanted to apply for a new card, then you can apply for a duplicate paying around Rs.70/-. All the formalities are almost like a new pan card. You will get another ca... |
Commerce Categories--Copyright/IP Policy--Contact Webmaster |