#BSDA

[ritumistry11]

Bachelor of Science in Computer Science - Northwood University -  Northwest Executive Education

Northwood’s Bachelor of Science in Computer Science program will equip students with technical and business skills. Master several software and programming languages such as Java, MySQL, C++, Python, Networking, Agile development and more

https://northwest.education/northwood-bachelor-of-science-in-computer-science/

[sachin811]

Blog 16: Free AMC for your Demat Account (BSDA)

Hello everyone, welcome back. In this post, you will get information about how you can avail of zero annual maintenance charges for your Demat account in any broker. So SEBI (Securities and Exchange Board of India) has started a facility called Basic Service Demat Account also called BSDA. This is basically made for small investors so that they can start investing in capital markets without…

[frankenjoly]

First day

akutagawa & kunikida hd au (ft shenanigans)

If there was something Kunikida hadn’t expected when accepting Jôno Saigiku’s offer, that would surely be meeting no one other than the Port Mafia’s Akutagawa on his first day in Hunting Dogs training. Well, ex Port Mafia, it seemed… since he apparently was going to be his new fellow rookie.

And needless to say, the atmosphere was awkward as hell.

“Oh! Did you know each other already?” Jôno asked, clearly sensing the discomfort and adding two and two together. Or better, Kunikida could easily bet he had some suspicions already, and that was why he hadn’t said anything prior to that first day on the job meeting.

“Basically.” He answered, as Akutagawa simply nodded and added a ‘hmm’ to his answer. At least, they could bond over sharing the same sentiment: annoyance over not being told beforehand.

Kunikida wasn’t one to make wishes so casually, but damn if he didn’t want something to happen, something that might take some tension out of the whole ordeal… which, funnily enough, got turned into reality when the door opened.

“Heya! Tetchô told me the rookies were starting today and I wanna say--”

He might not be able to place such a familiar voice right away upon hearing it, but it was clear as day Akutagawa could, since his semi-permanent scowl deepened and he dropped all formality to stare at its owner.

Then the newcomer, who Kunikida finally recognized as the redhead from the Black Lizard, stared back. And barely a minute later, Akutagawa charged against him, lashing dark red tendrils forward as he approached.

“You filthy liar!!!”

Looking back at Jôno and finding a snicker all over his face confirmed they hadn’t been the only ones being played. And, as the obvious fight started to unfold, Kunikida could only think one thing. Better that Tachihara guy than him.

(Also on ao3.)

[johnmathew1234]

Bachelor of Science in Computer Science - Northwood University -  Northwest Executive Education

Northwood’s Bachelor of Science in Computer Science program will equip students with technical and business skills. Master several software and programming languages such as Java, MySQL, C++, Python, Networking, Agile development and more

https://northwest.education/northwood-bachelor-of-science-in-computer-science/

[sharemarketnews01]

Demat account: Features, Types and Benefits

The first step is always important when you start investing in the share market. It involves opening a Demat account to hold all your investment securities in the digitised form. Finding a suitable Demat account service provider is as critical as making sound investment decisions. If you are not sure where to start your search, worry not! We will clear your doubts regarding the Demat account opening. 

What is a Demat account?

Demat stands for dematerialised. A demat account holds shares and securities in electronic form. It also helps you track all your investment activities in shares, ETFs, bonds, and mutual funds in one place. 

Advantages of a Demat account

It is a digitally secured way of holding your investment securities 

Demat account eliminates chances of theft, loss, forgery, and damage to physical certificates 

It facilitates the quick transfer of shares 

Eliminates paperwork and stamp duty 

Simplifies the process of adding beneficiary 

It streamlines the process of share investment 

The online method of Demat account opening is simple and fast

Types of Demat account

There are three major types of Demat account services available in the market.

Regular Demat account

 The standard Demat account is available to all resident Indian investors. You can use this account for investing in shares, bonds, ETFs, and mutual funds. The charges depend on the subscription type and the volume that is there in the account.

Repatriable Demat account

It is a Demat account suitable for NRIs investors who want to invest in Indian shares from anywhere in the world. A repatriable Demat account allows NRIs to transfer funds to any foreign country and is linked to their NRE bank account.  

Non-repatriable Demat account

It is similar to the repatriable Demat account but doesn’t allow the transfer of funds to foreign accounts. You must link this account to the Non-resident Ordinary Account (NRO).

Besides these three major types, SEBI, in 2012, introduced another type called the Basic Services Demat Account or BSDA.  

What is BSDA?

It is a special type of Demat account introduced by SEBI for small investors. It requires much less of an investment compared to regular Demat accounts. 

Here are the benefits of the Basic Services Demat Account. 

It eliminates the charges imposed by the DP to mail a physical statement of your account

The dematerialisation charges have got removed

Annual maintenance charges, which can be between Rs 600 and 800 depending on the DP, are eliminated

Demat account charges 

While discussing Demat account charges, let’s see what it will cost you to invest.

Account opening fees

The account opening fee is a one-time initial expense charged by the DP. The actual rate depends on the DP. Most DPs now offer free Demat account openings to stay in the competition. However, additional charges like stamp duty, GST and other statutory levies will still apply.

Annual maintenance charges (AMC)

The DP charges an annual fee for maintaining your account and offering continuous service. It can range anywhere between Rs 300-900. Each depository has its specific guidelines regarding AMC changes. However, some DPs have now waived off the AMC to become more affordable.

SEBI has made Basic Services Demat Accounts AMC free if the volume in the Demat account is less than Rs 50,000.   

Custodian fees

It is a one-time fee charged by your broker to pay to the depository. Often it is paid directly by the company to the depository, which is NSDL or CDSL. 

Transaction fees

A transaction fee is a brokerage charge collected by the DP for each transaction by the investor. Some brokers have now waived transaction fees for delivery equity transactions. 

Final words 

[militaryleak]

GDELS Unveils ASCOD Infantry Fighting Vehicle Equipped with Trophy Active Protection System

General Dynamics European Land Systems (GDELS) unveiled the ASCOD infantry fighting vehicle equipped with the Trophy active protection system at the Black Sea Defence and Aerospace (BSDA) exhibition held from May 22-24 in Bucharest. The BSDA exhibition provides a platform for GDELS to showcase this cutting-edge technology to military officials and defense industry representatives. Romania has a budget of $3.3 billion for 298 infantry fighting vehicles. According to local observers and public information, the potential candidates are the ASCOD 2, the Hanwha AS-21 Redback, and the Rheinmetall KF-41 Lynx. The award procedure is ongoing, a winner will be selected in 2024, and the contract should also be signed in 2024. The ASCOD (Austrian Spanish Cooperation Development) infantry fighting vehicle (IFV) family is the product of a cooperation agreement between Austrian Steyr-Daimler-Puch AG and Spanish General Dynamics Santa Bárbara Sistemas. Both companies are now divisions of a unit of General Dynamics European Land Systems (GDELS). The ASCOD family includes the LT 105 light tank equipped with a 105 mm gun, a surface-to-air missile launcher, an anti-tank guided missile launcher, mortar carrier, R&R vehicle, command-and-control vehicle, ambulance, artillery observer, and the AIFV model. In Spanish Army service, the vehicle is called "Pizarro". The Austrian Army version is called "Ulan". #military #defense #defence #militaryleak

General Dynamics European Land Systems (GDELS) unveiled the ASCOD infantry fighting vehicle equipped with the Trophy active protection system at the Black Sea Defence and Aerospace (BSDA) exhibition held from May 22-24 in Bucharest. The BSDA exhibition provides a platform for GDELS to showcase this cutting-edge technology to military officials and defense industry representatives. Romania has a…

[sunnysharmaseo]

Explore the Various Types of Demat Accounts in India – SBI Securities

What exactly do we understand by a demat account? Think of a demat account as the equivalent of a bank account. Just as a bank account holds your cash, the demat account holds shares and other securities in dematerialized (demat) form.

In India, there are 2 principal depositories viz. National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). A person opens a demat account with a depository participant (DP), who is typically a broker or a bank. The DP is affiliated to CDSL, or NSDL or both. Here we look at the types of demat accounts.

How many types of Demat Accounts are there?

In India, there are two types of demat accounts, i.e., Individual account and Non-Individual account.

Individual Account: This is further divided as individual resident and NRI (NRE & NRO)

Non-Individual: Partnership, LLP, Trust, Companies, HUF, etc.

Types of demat accounts are broadly classified based on whether the individual holder is a Resident Indian or Non-Resident Indian:

Regular Demat account for Resident Indians.  

Repatriable & Non-Repatriable Accounts for NRIs

The need to understand the types of demat account arises as that is the basis to choose which demat account suits your needs. Let us turn to the details of classification of demat accounts.

1.      Regular Demat accounts for Resident Individual (RI)

In a sense, this is the normal or default demat account commonly used. The regular demat account allows investors to hold and trade equity shares along with other securities electronically. Normally, this demat account is linked to a trading account on one end and a bank account on the other end so that the entire process of clearing and settlement happens smoothly. A regular demat account has no limit on the size or value of holdings. Regular demat accounts are subjected to annual maintenance charge (AMC), which would typically vary depending on the value of assets under demat custody, types of service provided or as decided by the DP.

In 2012, the Securities and Exchange Board of India (SEBI) introduced a new type of Demat account called the Basic Services Demat Account (BSDA)

Basic Service Demat Account (BSDA)

The Basic Service Demat Account (BSDA) was designed and introduced in India to make demat of shares more affordable.

The BSDA demat account can only be used for portfolios with holding value under Rs2 lakh. This facility is only available to individuals and only one demat account is allowed across all depository (CDSL & NSDL).

Many small investors with minimal portfolios did not feel the need to open demat accounts as their holdings were too small and did not justify the payment of annual maintenance charges (AMC). To help such investors, SEBI had allowed the introduction of basic services demat account (BSDA), which is a very plain vanilla form of demat account.

Such investors can enjoy the benefits of reduced maintenance charges. It must be noted that one person can only have one BSDA account across all DPs and this is to avoid splitting of BSDA accounts. If the portfolio value conditions are not met, then the BSDA account is automatically reclassified as a Regular Demat Account.

2.      Repatriable & Non-Repatriable Accounts for NRIs

2a). Repatriable Demat Accounts

This is based on the residential status of the demat account holder. ­ Non-resident Indians (NRIs) and persons of Indian origin (PIO) can have either a repatriable account or a non-repatriable demat account.

Let us understand repatriable demat accounts in greater detail first.

The repatriable demat account allows investors to invest in the Indian stock market and seamlessly transfer the funds (repatriate) outside India.

Here it must be noted that a repatriable NRI demat account must be mandatorily linked to an NRE (Non-Resident External) bank account only. This will be the mandated bank account for all repatriation pertaining to that demat account.

This facility enables NRI investors to repatriate up to US$ 1 million in each fiscal year. The benefit of a repatriable demat account is that NRIs can also keep the funds in India without repatriating it abroad. That option is always there.

2b). Non-repatriable Demat Account

This is once again a facility to NRIs, but such demat accounts held by NRIs do not have the facility of repatriating dividends and capital gains earned on the portfolio abroad.

This non-repatriable demat account does not permit the free transfer of funds outside India. The non-repatriable demat account is linked to an NRO (Non-Resident Ordinary) account, so the funds remain within India.

Even with this non-repatriable demat account, NRIs can invest in all the eligible Indian securities, but the only restriction is that it cannot be repatriated abroad. Instead, the funds must be held in India only.

Making the choice: How to select the right demat account

Here are 4 simple steps that will help you to zero in on the right demat account.

Check your portfolio and residency status. Accordingly go for a regular demat account, BSDA, repatriable NRI demat account, non-repatriable NRI demat account etc.  

In case of NRI, focus on what is the source of income being used to invest and do you intend to take it abroad. If it is money earned in India, invested in India and to be kept in India, then non-repatriable demat accounts linked to NRO accounts are sufficient.  

Never zero in on a demat account without considering the available alternatives and comparing the costs and quality of services offered by service providers.  

Lastly, focus on convenience. The smartest thing to do is to keep your trading account and demat account in the same place. That way, you save a lot of hassles and uncertainties in clearing and settlement. Of course, listen to market feedback.

Now that you are clear about how many types of demat account are there and what are the types of demat account available. The next step is to make the right choice.

Source URL: https://www.sbisecurities.in/blog/different-types-of-demat-accounts-in-india

[assignmenttutoronline]

PESTEL Analysis

PESTEL Analysis Case: The soft drinks production industry in the United Kingdom which has a market size of over £5 billion (in 2019) according to the British Soft Drinks Association (BSDA) which represents UK producers, is experiencing significant changes caused by macro environmental factors such as the impact of regulations and social issues steering needs to improve the dietary health of the…

[demata6853]

What is Demat account ?

Are you planning to start investing in the stock market ? if yes then you must know “ what is demat account “. Demat account is a digital account where you can hold your shares and all types of securities. Without demat you can’t hold your share. In this article we will discuss what is demat account, the benefits of a demat account, how demat account works and how to open demat account.

What is Demat Account ?

A demat account stands for “ Dematerialized Account “, It is an Electronic account also known as digital account that holds your shares and securities in a dematerialized form. In simple words we can say it is similar to a bank account, but in a bank you are holding cash and here you are holding securities.

Why is Demat account necessary?

Open Demat Account in Upstox

Opening an account with Upstox is fast, easy, and completely online. With Upstox,

Sign up Now

Types of Demat account

There are two types of demat accounts.

Regular demat account : A regular demat account is used for trading in the stock market.

Basic Service Demat Account (BSDA) : Basic service demat account is used for these investors who can hold a maximum 2 lakh of securities in this demat account.

Benefit of Demat account

Safe and secure : Demat accounts hold your shares and securities safe and secure in electronic form.

Easy to Manage : A demat account holds in electronic form so you no need to manage physically, it is easy to manage digital form.

No Stamp duty : trading in physical shares required stamp duty payment. But in demat account holders no need to pay stamp duty.

Speed transactions: Buying and selling shares can be done quickly in a demat account.

How does a Demat account work?

Open Demat Account in Zerodha

Opening an account with Zerodha is a quick and simple process. With India’s largest stockbroker.

Sign up Now

How to open demat account?

Opening a demat account is a very easy process, you need to follow the Below steps.

Step 1. Choose a popular broker, who is registered with SEBI. you can’t open demat account directly so you need to open demat account under a broker.

List of Top 10 stock broker in India

Step 2. Visit the broker website to open demat account. Nowadays you can open demat account online directly on a broker website.

like : Zerodha, Upstox, Groww etc.

Step 3. Next you need to sign up and fulfil all details, you can see what details you need to give in your broker website.

Step 4. Upload all documents, which are required in your broker website. Make sure that your aadhar card links with your PAN card.

Step 5. After the complete upload document process you need to do KYC verification with E- signature.

Step 6. After complete verification you need to wait 2–3 working days to activate your account. After activating your account you can start investing in the stock market.

conclusion

FAQs

What are the charges to open demat account ?

Charges to open demat account depend on brokers. Some brokers charge to open demat accounts and some brokers do not charge to open demat accounts.

2. Can I have multiple demat accounts?

Yes you can have multiple demat accounts with different brokers.

3. What is the difference between a demat account and a trading account?

Demat account is used to hold your shares and securities, whereas a trading account is used to buy and sell shares.

4. Can I convert physical shares to electronic form?

Yes, you can convert your physical shares to electronic form . After opening a demat account you need to deposit your physical shares certificate to your broker.

5. Is it Mandatory to have a demat account for trading in the stock market?

Yes, it is mandatory to have a demat account to trade in the stock market.

Get Your Free Stock Market E-book

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[ayman-wanees]

6 طرق لعكس داء السكري من النوع الثاني

 يشير داء السكري إلى مجموعة من الأمراض التي تؤثر على كيفية استهلاك الجسم لسكر الدم (الغلوكوز). ويعد النوع الثاني من المرض الأكثر شيوعا. ويحدث داء السكري النوع الثاني عندما يكون الجسم غير قادر على إنتاج ما يكفي من هرمون الإنسولين. ويوضح الدكتور بول مكاردل، اختصاصي التغذية في BSDA، أن “داء السكري من النوع الثاني ينتشر في العائلات، لذا يمكن أن يكون خطر الإصابة به موروثا، ولكن إذا كنت مصابا بالنوع…

[militaryleak]

Marshall Signs MoU with Bluespace Technology at Black Sea Defense Exhibition

Marshall has signed a Memorandum of Understanding (MoU) with Romanian manufacturer, Bluespace Technology that will see them explore opportunities to partner on the design, development and integration of electromagnetic shielding and TEMPEST capabilities within containerised solutions. The agreement was signed on-site today at the Black Sea Defense & Aerospace International Exhibition (BSDA) taking place in Bucharest, Romania. The MoU covers areas where the two companies' capabilities, products and services complement each other, and where their defence and business focus can be jointly expanded to provide end-to-end solutions to military customers. #military #defense #defence #militaryleak

Marshall has signed a Memorandum of Understanding (MoU) with Romanian manufacturer, Bluespace Technology that will see them explore opportunities to partner on the design, development and integration of electromagnetic shielding and TEMPEST capabilities within containerised solutions. The agreement was signed on-site today at the Black Sea Defense & Aerospace International Exhibition (BSDA)…

[imperiumallaboveall]

Watch "Streit Group exhibits at the BSDA-Black Sea Defense, Aerospace and SecurityInternational Exhibition" on YouTube

NFT

[kadam89priyanka]

Do you know the cost of your Investment?

We know that one must open a Demat account to invest in the share market. However, many investors are unaware of the charges associated with Demat account opening. Demat account opening is a service offered by depository participants like stockbrokers and banks, and they would charge specific fees for providing the services. 

Demat accounts have made share investment simple, like operating a bank account. Demat stands for dematerialisation or the process of storing physical certificates in digital format. Dematerialisation has eliminated the requirement of issuing and holding physical share trading certificates. It allowed investors to access the securities in their account anytime and get a statement of all their transactions.

The Demat account service is offered by the two depositories - NSDL and CDSL. The depository participants work as a bridge between general investors and the depositories. A DP can be a broker, a bank, or any financial institution that qualifies as DP per the criteria set by SEBI. 

A Demat account is a repository to hold all your investment securities, like shares, bonds, ETFs and mutual funds. 

Let’s see how to open stock market accounts.

How to open a stock market account 

You can open an online demat account following a few simple steps. Once you decide on the DP, you can visit their website to open a Demat account, following the steps below.  

Visit the DP’s website and fill in the lead form.

It will redirect you to the KYC form, where you must submit all the required documents.

The DP will review your application and open a Demat account.

Link your Demat account with your bank account for smooth transactions 

Your transaction will include account maintenance charges, transaction fees, custodian fees, and others which will get deducted from your bank account.   

Once the account opening is complete, you will receive a Demat account number and can start transacting.

Account opening charges 

The DP will charge specific fees for offering Demat account services. The actual rate depends on the policies of the DP. Banks usually charge Rs 700-900 to open a Demat account. Several brokerages like Angel One have waived the opening account charges and provide seamless account opening through their online platform.  

Annual Maintenance Charges (AMC)

Some DPs charge basic fees, whereas others offer zero AMC demat accounts to clients. DPs usually collect the AMC to provide various value-added services to investors. 

SEBI has revised the AMC for the Basic Services Demat Account from June 2019, where there is no AMC for securities up to Rs 50,000 in the BSDA account.  

Custodian Fees

The broker collects custodian or safety fees paid to the depositories - NSDL and CDSL. The amount depends on the number of securities in the account. You should ask the broker if they charge the custodian fee and the rate.

Transaction Fees 

Transaction fee or the Demat account brokerage charge is levied on every transaction completed by the broker. Some DPs charge a meagre fee for carrying out your orders. Angel One has waived the transaction fee on equity delivery transactions. 

Once you gain a comprehensive idea of Demat account charges, you can choose a brokerage based on your requirements. However, most DPs nowadays have lowered their fees significantly to stay competitive. Finding a zero AMC demat account will help reduce your expenses if you plan long-term investments.