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10bmnews · 27 days ago
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FPIs Pump In Rs 8,831 Crore Into Indian Equities, Highest Single-Day Inflow Since March
Mumbai: Foreign Portfolio Investors (FPIs) continued their buying streak in Indian equities for the third straight session on Friday, mopping up shares worth Rs 8,831.1 crore — the highest single-day inflow since March 27, according to provisional data from the National Stock Exchange (NSE) released on Saturday.  The strong FPI inflow highlights growing foreign investor confidence in Indian…
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tfgadgets · 6 days ago
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Indian Stock Market Sees FPI Outflows In Early June; RBI Rate Cut Boosts Sentiment | Economy News
New Delhi: Indian Stock Market Foreign Investors: Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments remaining in negative territory. According to data released by NSDL, FPIs pulled out a total of ₹8,749 crore from Indian equities during the week from June 2 to June 6. This indicates that foreign investors were net…
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deepmistrysblog · 7 days ago
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Upcoming IPO Buzz in India: Follow IPOGyan.in for Freshest Updates!
The Indian IPO market is booming, and June 2025 is shaping up to be an exciting month for investors. If you're an investor, finance enthusiast, or just someone tracking market trends, you should definitely keep a close eye on IPOGyan.in — a fast-growing resource for IPO news, price bands, GMP (Grey Market Premium), and financials.
Unlike many generic finance blogs, IPOGyan focuses entirely on Indian IPOs, offering in-depth analysis, financial details, and real-time updates. Whether you're looking for SME IPOs or major players like HDB Financial or NSDL, you'll find what you need on their platform.
🔥 Hot IPOs to Watch in June 2025
Here are some of the latest IPO listings you shouldn't miss. The following links lead directly to their detailed posts:
Groww IPO Overview: https://www.ipogyan.in/2025/06/groww-ipo-price-band-financials-gmp.html
HDB Financial Services IPO Details: https://www.ipogyan.in/2025/06/hdb-financial-services-ipo-details.html
SacheeRome IPO Details: https://www.ipogyan.in/2025/06/sacheerome-ipo-details.html
Ganga Bath Fittings IPO Insights: https://www.ipogyan.in/2025/06/ganga-bath-fittings-ipo-details.html
Upcoming IPO List (June 2025): https://www.ipogyan.in/2025/06/upcoming-ipos-june-2025.html
NSDL IPO GMP & Financials: https://www.ipogyan.in/2025/06/nsdl-ipo-gmp-details.html
Dee Development Engineers IPO: https://www.ipogyan.in/2025/06/dee-development-engineers-ipo-details.html
Awfis Space Solutions IPO Analysis: https://www.ipogyan.in/2025/06/awfis-space-solutions-ipo-gmp.html
Each article is well-structured with IPO dates, price bands, lot sizes, subscription updates, and GMP data. Whether you're planning to apply on Day 1 or monitor grey market movements, these insights will help you stay ahead.
💡 Why IPOGyan.in is a Trusted Source
IPOGyan.in is gaining traction due to its:
Timely updates on new IPOs
Clean and ad-light interface
Focus on Indian financial markets only
Internal linking between posts to help SEO
Accurate IPO financials pulled from top sources
It's not just another blog; it's a growing brand built around financial education and transparency.
🌐 Get Involved: Stay Connected to Market Movements
Many investors miss out on valuable IPOs simply because they don’t know where to find accurate information. By bookmarking and visiting IPOGyan regularly, you ensure you’re in the loop with:
SME IPO announcements
IPO GMP tracking
Subscription updates
Allotment and listing date alerts
Here’s how you can get started:
Just click on any of the articles like https://www.ipogyan.in/2025/06/upcoming-ipos-june-2025.html and you’ll land on a page with rich, actionable data.
🔗 Supporting a Growing Financial Community
Every click, share, or backlink helps IPOGyan grow — and in turn, keeps the content fresh and free. If you run a finance blog or post on forums like Reddit, LinkedIn, or Quora, consider referencing their content. These naked URLs can be used for linking:
https://www.ipogyan.in/
https://www.ipogyan.in/2025/06/nsdl-ipo-gmp-details.html
https://www.ipogyan.in/2025/06/dee-development-engineers-ipo-details.html
You can even share this post or use snippets for your financial network.
📢 Final Thoughts
Indian IPO markets are offering opportunities not seen in years — and with IPOGyan.in, you're always one step ahead. Make it a habit to check updates daily, especially throughout June 2025.
Stay smart, stay invested. Visit: https://www.ipogyan.in/
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netverge · 9 days ago
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Real-time PAN Verification: A Game Changer for Lending
Lending platforms need instant, accurate identity checks. SprintVerify’s PAN Verification API allows real-time validation of a user’s Permanent Account Number, directly against official sources like NSDL. It instantly fetches name match results, ensuring the PAN is valid and linked to the correct individual. For lenders, this means faster approvals, reduced fraud risk, and smoother user journeys. Instead of waiting hours or days, platforms can now onboard verified users in under a minute. Whether you’re disbursing microloans or managing a credit platform, real-time PAN verification gives you the trust and speed you need to operate at scale.
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finovotech · 15 days ago
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Customer Support Services in Delhi with WhatsApp eKYC Online Solution Providers in India
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That’s where eKYC solutions, API services, and smart CRM integration come in. Whether you’re a stockbroker, fintech startup, or a growing enterprise, choosing the right tech partner is critical for scalability and customer satisfaction.Let’s explore the leading eKYC solution providers in India, the rise of WhatsApp eKYC, and the top API service providers in Delhi.
Top eKYC Solution Providers in India
With strict compliance requirements and the need for seamless digital onboarding, choosing the top eKYC solution in India is a game-changer. Leading eKYC providers offer:
Aadhaar-based verification
PAN verification
Facial recognition & liveliness detection
Document scanning using OCR technology
These solutions help businesses reduce fraud, onboard customers in real-time, and stay compliant with SEBI, RBI, and other regulatory standards.
One eKYC Solution: Simplify KYC Across Platforms
The shift toward a One eKYC Solution in India enables users to complete their KYC once and use it across multiple platforms—mutual funds, stockbrokers, digital wallets, and more. This “do it once” model is efficient, secure, and customer-friendly.
With one KYC solution in India, companies enjoy:
Reduced duplication of data
Faster onboarding
Better user experience
Lower operational costs
WhatsApp eKYC Online: Conversational & Convenient
As WhatsApp dominates India’s messaging space, WhatsApp eKYC Solution in India is emerging as a preferred solution for businesses. It allows users to complete their KYC via a chatbot or guided conversation—without switching apps.
Benefits of WhatsApp-based KYC include:
Higher conversion rates
Simplified document collection
Real-time support via chat
Seamless mobile-first experience
KYC Solutions for Stock Brokers
Stockbrokers operate in a highly regulated environment, making robust and flexible KYC solutions for stock brokers essential. These include:
Aadhaar-based eSign & eKYC
Broker-specific integrations (like CDSL, NSDL)
Multi-step verification and approval flow
Seamless integration with trading platforms
By adopting automated eKYC workflows, stockbrokers can onboard clients in minutes, not days.
Top API Service Providers in Delhi
As businesses scale, they require interconnectivity between platforms—CRM, KYC systems, trading apps, customer portals. The top API service providers in Delhi offer:
REST & SOAP-based custom API development
Secure and scalable data exchange
Integration with third-party tools like payment gateways, CRMs, and compliance systems
Whether you’re a fintech firm or a logistics company, APIs enable agility and automation.
API Integration Services in Delhi
Modern digital architecture relies heavily on microservices and integrations. Leading API integration services in Delhi include:
Custom API bridge development
Real-time syncing between front-end and back-end
Data flow monitoring and reporting
Fast deployment with scalability in mind
From onboarding to portfolio tracking, APIs make everything seamless.
Customer Support Services in Delhi
Customer experience is the new battleground. Top customer support services in Delhi provide omnichannel solutions:
Voice, chat, and email support
WhatsApp business integration
AI chatbots and IVR systems
Live support outsourcing
For fintechs, brokers, and SaaS platforms, 24/7 support is key to user retention.
Top CRM Solution Providers in Delhi
Managing customer relationships efficiently is crucial. The top CRM solution providers in Delhi offer:
Cloud-based CRMs like Zoho, Salesforce, HubSpot
Custom CRM development
Integration with marketing, support, and KYC platforms
Automation of customer journey and sales pipeline
CRM solutions are especially critical in industries like real estate, finance, and education—where nurturing leads is a long-term game.
Final Thoughts
From eKYC providers in India to API integration services in Delhi, the tech ecosystem is ready to empower your digital transformation. Whether you’re a stockbroker onboarding clients or a fintech platform scaling across India, investing in the right technology stack will streamline operations and accelerate growth.
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jinactusconsulting · 1 month ago
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𝐌𝐞𝐞𝐭 𝐍𝐈𝐍𝐀 – 𝐘𝐨𝐮𝐫 𝐀𝐈 𝐀𝐠𝐞𝐧𝐭 𝐟𝐨𝐫 𝐋𝐨𝐚𝐧 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧
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Say goodbye to tedious paperwork and delays. With Nina AI Agent by Jinactus, automate your loan application process from end to end.
✅ Extracts data from handwritten & digital documents (income proof, bank statements)
✅ Flags missing or inconsistent info from unstructured data
✅ Conversational ID/address verification
✅ Compliant with UIDAI, NSDL & govt. portals
✅ Multilingual support: English, Hindi + 22 other languages
𝐒𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞 𝐲𝐨𝐮𝐫 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬, 𝐫𝐞𝐝𝐮𝐜𝐞 𝐭𝐮𝐫𝐧𝐚𝐫𝐨𝐮𝐧𝐝 𝐭𝐢𝐦𝐞, 𝐚𝐧𝐝 𝐛𝐨𝐨𝐬𝐭 𝐚𝐩𝐩𝐫𝐨𝐯𝐚𝐥 𝐫𝐚𝐭𝐞𝐬 — 𝐚𝐥𝐥 𝐰𝐢𝐭𝐡 𝐀𝐈.
𝐋𝐞𝐭’𝐬 𝐂𝐨𝐧𝐧𝐞𝐜𝐭
📧 Email: [email protected]
🌐 Visit: www.jinactus.com
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sasiblogs · 2 months ago
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A Complete Guide to Digital Signature Certificate (DSC) Registration
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In today's fast-paced digital world, signing documents electronically has become not just a convenience but a necessity. Whether you're filing taxes, submitting tenders, or completing compliance requirements, a Digital Signature Certificate (DSC) ensures authenticity, security, and efficiency in online transactions. This article covers everything you need to know about DSC registration—its importance, types, process, and benefits.
What is a Digital Signature Certificate (DSC)?
A Digital Signature Certificate is an electronic form of a signature that validates the signer's identity. Issued by licensed Certifying Authorities (CAs), it plays a vital role in ensuring secure and encrypted communication between users and government or private portals.
Why is a DSC Important?
DSCs offer numerous advantages:
Authentication: Confirms the identity of the signer.
Data Integrity: Ensures the document hasn't been tampered with after signing.
Time-Saving: Enables instant signing and submission of documents from anywhere.
Legal Validity: Recognized under the Information Technology Act, 2000, making it legally binding in India.
Types of Digital Signature Certificates
There are three main classes of DSCs:
Class 1: For individual use; verifies name and email ID.
Class 2 (now discontinued as per CCA guidelines): Was used for tax filing and ROC filings.
Class 3: For high-security online transactions, including e-tendering and e-auctions.
Who Needs a DSC?
Companies and LLPs filing forms with the Ministry of Corporate Affairs (MCA)
Individuals and firms participating in e-tenders
Chartered Accountants, Company Secretaries, and other professionals
Individuals filing income tax returns or GST returns
How to Register for a DSC
The process for DSC registration is straightforward:
Choose a Certifying Authority: Select from licensed providers like eMudhra, Sify, or NSDL.
Fill the Application Form: Provide your name, contact details, and identity documents.
Upload Documents: Proof of identity and address, PAN card, and passport-size photo.
Payment: Pay the fee based on the type and validity of the DSC.
Video Verification: Some providers require a short video verification to confirm identity.
Download the DSC: Once approved, you can download and install the DSC on your system or token.
Validity and Renewal
Most DSCs come with a validity of 1 to 3 years. Once expired, they can be renewed through a similar process without repeating the full registration.
Final Thoughts
In an era where digital transformation is the norm, securing your online communications and documentation has never been more critical. Whether you’re an entrepreneur, a professional, or an individual handling online formalities, DSC registration is a simple yet powerful step toward safer, faster, and more credible digital interactions.
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ajmeraxchange1 · 2 months ago
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Understanding Depository Services and Online Trading Platforms in India
India’s financial ecosystem is rapidly evolving, with increasing reliance on digital tools and services to facilitate seamless investment experiences. Two major components of this landscape are depository participants and stock broking companies in india. Together, they provide the infrastructure and access needed for modern investing.
The Role of Depository Participants
In the Indian stock market, depository participants (DPs) act as intermediaries between investors and depositories like NSDL and CDSL. They enable the safe and efficient storage of securities in electronic form, a process known as dematerialisation of shares. This eliminates the risks associated with physical share certificates and simplifies transactions.
If you're wondering who is a depository participant, they are entities—typically banks, stockbrokers, or financial institutions—authorized to offer demat services on behalf of depositories. Their role is critical in ensuring that investors can buy, sell, and hold securities securely.
For new investors, understanding what is a depository and how it functions can enhance confidence and promote better financial decisions.
Choosing the Right Stock Broking Companies in India
While DPs safeguard your investments, stock broking companies in india give you the gateway to invest in the market. These companies provide the platforms and tools required for buying and selling securities efficiently.
Many also offer access to the best online trading platform, integrating real-time data, user-friendly interfaces, and strong customer support. The right broker not only facilitates transactions but also provides market insights and expert guidance.
Additionally, if you're aiming for long-term portfolio growth, choosing the best investment platform in india can help diversify across stocks, mutual funds, and other financial products.
Final Thoughts
Whether you're storing securities with a trusted depository participant in india or trading through the best online trading platform, having the right partners makes all the difference. By leveraging secure demat services and working with established brokers, investors can navigate the market with confidence and convenience.
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intensifyre · 3 months ago
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FMCG stocks stage a comeback as market sentiment shifts. Is the recovery here to stay?
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Indian FMCG stocks:
After prolonged selloff on Dalal Street, FMCG stocks saw a brief breather last week as investors returned with a vengeance to the Indian markets after remaining on the sidelines for months. This also sparked buying interest in FMCG stocks, helping the Nifty FMCG index snap its four-week losing streak.
During the last week, the index spiked from 50,739 to 51,891 points, resulting in a gain of 2.37%, the second-biggest weekly gain of 2025 so far. Twelve out of 15 constituents of the index ended the week in positive territory, with Varun Beverages emerging as the top gainer, surging by 12%.
Will the momentum hold?
FMCG stocks need to sustain last week’s momentum going forward to stage a meaningful recovery, as the index remains down by 22% from its September peak of 66,438 points. In a rare occurrence, the index ended last month with a decline of 10.60%, marking its worst monthly drop on record.
The index, which includes Nestlé and HUL, has closed the last five months in the red, marking its longest monthly losing streak on record. The once high-flying FMCG stocks, known for their defensive nature, have been falling to levels not seen in many months amid slowing consumer demand, rising input costs, and shifting spending patterns.
Investors expected a turnaround in earnings during the December quarter from packaged consumer goods companies, but those expectations turned sour as a majority of them missed Street estimates, impacted by the dual pressures of a demand slump and inflationary stress, leading to low volume growth.
Urban demand, which accounts for about two-thirds of the FMCG business, remained weak in recent quarters. Although volume picked up in the December quarter, it lagged behind growth in rural areas. The sluggish job market, with limited new employment opportunities and lower disposable incomes, is making it increasingly difficult for urban consumers to maintain their previous spending levels.
Rising food inflation has also prompted consumers to shift towards smaller packs, which has impacted companies margins during Q3. It’s not only FMCG companies that are feeling the heat of lower spending by urban consumers; the automobiles industry is also moving at a slow pace, as tightening budgets are making consumers hold back on their vehicle purchase plans.
The weakening urban consumer demand is also expected to impact India’s economic growth, which is projected to hit a four-year low in FY25. The struggling economy has also prompted the central bank to maintain the FY26 growth outlook at the same level as FY25.
To boost consumer spending, the Indian government shifted its focus from capex to consumption for the first time in a decade, increasing the income tax exemption limit to ₹12 lakh in the Union Budget 2025. In line with the budget, the RBI, under the new governor, cut the repo rate for the first time in almost five years to put more money in the hands of consumers as a way to boost spending, which is a major driver of the Indian economy.
The results of these efforts remain to be seen in the following quarters, with expectations that the RBI may announce more rate cuts as a response to ongoing economic challenges. Despite these measures, consumer goods stocks remain under pressure, as weak commentary from FMCG companies has overshadowed the positive impact of the budget and RBI policy measures.
Against this backdrop, foreign portfolio investors trimmed their holdings in FMCG companies, offloading ₹6,991 crore worth of stocks during February, as per NSDL data, leaving significant pressure on stock prices.
Looking ahead, the revival in urban consumer demand, improvement in employment, growth in real wages, and a decline in food inflation are key for a turnaround in FMCG stocks, as per the market experts.
Intensify research services At Intensify Research, Indore best research advisor in investment tips , Top high accuracy stock market tips site for investor.Whether you’re looking for short-term opportunities or long-term growth, our precise recommendations are designed to maximize your investment return the best low risk investment options long-term growth. stock market To visit- intensify research.com »
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forblogmostly · 7 months ago
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Financial Milestones: Bhatia Communications & Retail (India) Limited Reports for Q2 FY 2024-25
Bhatia Communications & Retail (India) Limited, a prominent player in the retail and communications sector, recently announced the outcomes of its Board Meeting held on November 13, 2024. The meeting, which took place at the company’s registered office in Surat, Gujarat, shed light on the company’s financial performance and key decisions for the quarter and half-year ending September 30, 2024.
The meeting commenced at 4:00 PM and concluded at 5:05 PM, with significant updates delivered by the Managing Director, Sanjeev Harbanslal Bhatia. This pivotal gathering marked a notable step in the company’s strategic journey for the financial year 2024-25.
Highlights of the Board Meeting
The Board of Directors approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2024. A limited review report prepared by RPR & Co., Chartered Accountants, was also presented alongside the financial data.
One of the most remarkable decisions was the declaration of the second interim dividend for the financial year. Shareholders holding equity shares as of November 27, 2024, will receive a dividend of Re. 0.01 per equity share (1% of face value). This reinforces the company’s commitment to sharing its growth with investors.
Financial Performance Overview
The financial results showcased an impressive trajectory in revenue generation and profit growth:
Revenue from Operations: For Q2 FY 2024-25, revenue stood at ₹10,732.22 lakhs, showing a steady increase from the preceding quarter's ₹10,481.86 lakhs and a substantial rise from ₹9,435.58 lakhs recorded in the same period last year.
Net Profit: The profit after tax for the quarter reached ₹365.75 lakhs, compared to ₹364.56 lakhs in Q1 FY 2024-25 and ₹247.33 lakhs in Q2 FY 2023-24. This represents a year-on-year growth fueled by strategic cost management and robust operational efficiencies.
Dividend Announcement
The second interim dividend of Re. 0.01 per equity share reflects the company’s resilience and dedication to rewarding its investors. Shareholders listed in the records of NSDL and CDSL as of November 27, 2024, are entitled to this dividend.
Auditor’s Review
The independent review by RPR & Co. confirmed that the unaudited financial results are free from material misstatements and adhere to applicable accounting standards. The report emphasized that the financial statements provide a true and fair view of the company's performance, reinforcing investor confidence in the transparency of Bhatia Communications & Retail.
Operational Efficiency
The company displayed operational robustness by effectively managing inventory and controlling costs. A notable reduction in inventory holding costs and strategic investments in infrastructure contributed to the financial outcomes.
Looking Ahead
As Bhatia Communications & Retail (India) Limited continues to expand its footprint in the retail and communication sector, the company remains committed to delivering value to its shareholders and stakeholders. With a strategic approach to growth and sustainability, it aims to maintain its trajectory of financial and operational excellence.
This latest board meeting and the accompanying financial results set a strong foundation for the remaining quarters of the financial year, paving the way for continued success.
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secretstalks · 9 months ago
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CEO of Kotak Securities: Foreign Investment in India Underperforms Against Its True Potential
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Foreign investment in Indian markets currently represents just a fraction of its potential, with many investors holding off for a market correction and lower valuations, according to Pratik Gupta, CEO and Co-Head of Institutional Equities at Kotak Securities.
Gupta noted that global investors have largely stayed on the sidelines, leading to minimal capital inflows compared to what could be invested. Many are looking to other markets like China, planning to return to India once valuations stabilize.
While Indian markets are viewed as expensive—particularly in segments like micro caps, SMEs, and small caps—Gupta emphasized that there is no bubble. He stated, “The broader market is expensive, but it’s not in bubble territory.” Over a 3-5 year horizon, equities are expected to outperform fixed income, even if they seem pricey in the short term.
This year, foreign portfolio investors have injected Rs 91,708 crore into Indian equities, reflecting fluctuating levels of buying and selling, while NSDL data indicates total investment in 2023 reached Rs 1.7 lakh crore.
Gupta highlighted that global funds, once cautious about Indian valuations, now feel they may have missed out as the markets have continued to rise, buoyed by retail and domestic institutional investments. “Retail and domestic investors have shown remarkable resilience,” he said, pointing to strong interest from foreign investors in IPOs, QIPs, and block deals.
Despite uncertainties such as election results and potential increases in capital gains tax, bullish sentiment in India’s stock market remains intact.
Gupta categorized foreign capital inflows into various groups. Sovereign wealth funds from Asia and Europe are making significant investments, particularly in select sectors. However, global emerging market funds are not attracting new inflows, as investors continue to favor the US markets.
READ MORE
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vedantbhoomidigital · 9 months ago
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FPI investment in Indian debt market reached Rs 15,357 crore in September, interest in corporate bonds increased: NSDL
There has been a significant increase in investment by foreign portfolio investors (FPIs) in the Indian debt (debt) market so far during September. There has been a net investment of Rs 15,357 crore during the first 11 days of this month. According to the data of National Securities Depository Limited (NSDL), it was Rs 16,421 crore (…) during the same period in August.
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investspherewealth · 9 months ago
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Basic Differences Between a Statement of Accounts and a Demat Account
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Knowing that which types of tools are accessible to you is important when it relates to investing and money management. The words "statement of accounts" and "demat account" are commonly used by investors. They each have different functions, even though they are both essential for monitoring your financial holdings. Understanding the distinctions between a Statement of Accounts and a Demat Account will enable you to handle your investments more skillfully.
Demat Account:
An electronic account used for maintaining securities in digital form without the requirement for physical certificates is called a Demat (Dematerialized) Account. A Demat account allows you to store your shares, bonds, mutual funds, and other assets, much like a bank account can. Transferring, purchasing, or selling shares become simpler by it, simplifying trading and investing. Demat accounts, which provide safer, faster, and more efficient transactions, have completely changed the way stock markets function since their inception in the mid-1990s. Depositories such as the National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL) in India are generally in charge of managing demat accounts. They let investors manage their portfolio of assets by removing the dangers of theft, forgery, and destruction that come with physical certificates.
Statement of Accounts:
Whereas a Statement of Account is a financial record that shows the inflows and outflows of money from an account over a given time period. It is an extensive record of transactions. People may monitor their cash flow, income, expenses, and outstanding balances with the use of this statement. It is often utilized for tax and financial reconciliation and can be prepared for bank, credit card, or loan accounts.
A Statement of Accounts indicates the flow of money inside a specific account, whereas the Demat Account is where securities were maintained. The Statement of Accounts, for instance, will display the amount invested, dividends earned, and units bought or sold if you own mutual funds services. It functions as an overview of transactions rather than holding securities.
Key Differences:
Purpose: A Demat Account holds securities in digital form, while a Statement of Accounts provides a record of transactions.
Usage: Demat Accounts are used primarily for stock trading and holding financial assets like shares, mutual fund, and bonds. Statement of Accounts can be applied to any financial account, showing fund movement for easy tracking and management.
Format: Demat Accounts reflect the ownership and status of various securities. Statements of Accounts detail specific transactions over a time period.
Applicability: Demat Accounts are relevant for equity and securities markets, while Statements of Accounts apply broadly to financial and banking services.
Some Historical Data:
The stock market saw a dramatic change in 1996 when Demat Accounts were introduced in India. Before they were introduced, shares were exchanged through physical exchanges, which had a number of concerns such as transfer delays, theft or loss risks, and problems with counterfeiting. The Depositories Act made the procedure computerized, which decreased fraud and paperwork.
On the other side, Statements of Accounts have been a staple in financial record-keeping for centuries. As banking evolved from ledger books to digital records, Statements of Accounts have remained vital for monitoring cash flows and maintaining transparency in financial transactions.
How Investsphere Can Help:
 At Investsphere, we help investors navigate the complexities of managing Demat Accounts and financial transactions. Our platform ensures that your securities are safely stored in your Demat Account, and we provide easy access to your Statement of Accounts for better financial tracking. Whether you need assistance in setting up your Demat Account, understanding your investment portfolio, or monitoring your cash flow, Investsphere’s expert team offers personalized support to simplify your financial journey.
Conclusion:-
Although Statements of Accounts and Demat Accounts are essential tools for managing your finances, they have different purposes. A Statement of Accounts enables you to monitor the flow of money into and out of your accounts, while a Demat Account safely stores your securities in electronic form. You may better manage your assets and money by being aware of these distinctions. Make wise choices with the guidance of Investsphere if you need help improving your financial plan.
Disclaimer:
This content is for educational purposes only and should not be considered financial advice. Always consult a financial professional for personalized guidance.
Website: investspherewealth.com
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indiaepost · 10 months ago
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FPIs pump in Rs 54,727 crore as staller India's growth outlook for FY25
The foreign portfolio investors (FPIs) pumped in Rs 54,727 core in equity and debt in July as India’s strong growth outlook for FY 2025. An economic survey that was presented before the Union Budget this year projected India’s growth rate to be at 6.5 to 7 per cent for 2024-25. Market experts, citing the data from National Securities Depository Limited (NSDL), said that FPIs have invested Rs…
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zapmoney · 11 months ago
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How to Apply for a PAN Card Online on NSDL?
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What is a PAN card?
The full form of the PAN is a Permanent Account Number,  it is an essential document needed to complete specific activities. In light of this, you must have a card with a special 10-digit alphanumeric number that is provided by the Income Tax Department.  
The National Securities Depository Limited (NSDL) or UTI Infrastructure Technology and Services Limited (UTIITSL) websites make the process of applying for a PAN card online simple. 
The Government of India has given both platforms specific permission to issue PAN cards and manage any required adjustments or modifications on behalf of the Income Tax Department. A well-known channel for this purpose is the NSDL website which offers applicants an easy-to-use interface for electronically submitting their information. At the same time, the UTIITSL website acts as a substitute, providing people with an additional easily accessible choice for their PAN card requirements. 
Procedure for Existing Customers to apply for PAN card online:
The steps are listed below:
Step 1: Go to NSDL
Step 2: Enter information such as the date of birth, the optional GSTN(optional), the Permanent Account Number (PAN), the Aadhaar number ((in the case of individuals), and the captcha.
Step 3: Select “Submit’’.
Step 4: Your registered cellphone number will receive an OTP. Step 5: To download the PAN, enter the OTP.
Note: You have to finish updating the mobile number and email address if you haven’t already.
Also Read:
How to get a 20000 PAN card loan instantly 
Steps to Make an Application Online for New Customers
Form 49A or 49AA must be completed if you are applying for a new PAN card, depending on whether you are an Indian citizen or a foreign citizen.
Remember that this is mostly for individuals who have never applied for or do not currently own a PAN card. These are the actions.
Step 1: Go to the Online PAN Application part of the NSDL website.
Step 2: Choose your application type in step two: Forms 49A (for Indian citizens) and 49AA (for foreign citizens), as well as PAN card reprints and changes or corrections.
Step 3: Select a Category. Individuals, associations of persons, bodies of individuals, trusts, limited liability partnerships, firms, governments, Hindu undivided families, artificial judicial persons, and local authorities are the available alternatives.  
Step 4: Complete the following fields: email address, mobile number, Captcha code, First name, Middle name, Last name/surname, Date of Birth/Incorporation/Formation in DD/MM/YYYY format. Send in the application.
Step 5: An acknowledgment with a token number will appear on the following page. On this page, select ‘Continue with PAN Application Form’.   
Step 6: You will be asked to provide more personal information, much like on Form 49A or Form 49AA. Enter all of the required data.
Step 7: Decide on the method for submitting the documents. There are three ways to submit an application: a) physically forward the documents; b) digitally sign the documents; and c) electronically sign the materials.
Review the entire application thoroughly to ensure no errors:
Step 8: List the documents you are providing as confirmation of identification, residence, and date of birth on the same page. Verify the application’s declaration, location, and date. After reviewing, send in the form. Make sure you don’t make any errors.
Step 9: After selecting “Proceed,” you will be presented with your payment options. Select between using the Billdesk online payment feature or a demand draft.
Step 10: If you select Demand Draft, you will need to create a Demand Draft (DD) before starting the application process. This is because the DD requires you to enter the bank’s name, DD number, date of issue, and amount on the portal.
Step 11: If you decide to use Bill Desk, you can pay with debit or credit cards, as well as Net Banking.
Step 12: Select “I agree to terms of service” and make your payment. Whether you upload your documents online or send them to Protean e-Gov Technologies Limited separately will affect the PAN application fees.
Step 13: You will receive an acknowledgment receipt and a payment receipt if you pay with a credit card, debit card, or through net banking. The acknowledgment receipt should be printed.
Step 14: Enclose the acknowledgment receipt and two current photos.
Step 15: Send the supporting documentation to Protean e-Gov Technologies Limited by mail or courier once payment has been verified.
Protean e-Gov Technologies Limited will handle your application after receiving your supporting documentation. You will also need to supply proof of your office address in addition to proof of your residential address if you have designated your office address as your preferred communication address.
Charges Associated with Online PAN Card Applications:
In addition to applying for a PAN Card, you can also edit, modify, or request an online reprint of your PAN Card. You can go to Protean e-Gov Technologies Limited (formerly known as NSDL) or UTIISL’s official website.
If the communication address is located in India, the cost of obtaining a PAN Card is Rs. 93 (GST not included). The fees for obtaining a PAN Card for a foreign communication address are Rs. 864 (GST not included). You need to turn in the necessary paperwork as soon as the money has been received. Only after the pertinent documents have been submitted will the PAN application be processed.
Documents Required to Apply for PAN Card
You may provide one of the following documents as evidence of your birthdate:
Passport
Driving license
An affidavit with the date of birth sworn before a magistrate.
The marriage certificate that a Registrar of Marriages has granted.
Pension payout schedule.
The Central Government provided a photo card for the Health Service Scheme.
A photo card for the Contributory Health Scheme can be provided by ex-servicemen.
The government-issued domicile certificate.
Any identity card with a photo that has been issued by the central or state governments.
Any identity card with a photo that has been issued by a Central or State Public Sector Undertaking.
A birth certificate that the local government has issued.
A matriculation certificate or mark sheet issued by a recognized board.
Voter identification card with a photo.
The Aadhar Card that UIDAI has distributed.
Proof of Address Required to Apply for PAN Card
Photocopy of any one of these documents:
Aadhaar card, passport, driver’s license, property tax assessment order, voter photo identity card, post office passbook, a letter of allotment from the central or state governments, and Certificate of domicile.
Photocopy of these documents (not over three months):
Landline, electricity bill, gas connection card, water bill, statement of depository account, statement of bank account, statement of credit card.
Original documents:
The address certificate. A member of the Legislative Assembly, a member of Parliament, a municipal councilor, or a Gazette officer must sign this Certificate
Proof of Identity Required to Apply for PAN Card:
Photocopy of any one document:
The Central Government Health Scheme Card, the Ex-Servicemen Contributory Health Scheme Card, the Aadhaar card, the passport, the voter ID, the driver’s license, the arm’s license, the pensioner card, the photo identity card, and the ration card.
Originals:
Identity certificate (signed by a Municipal Councillor, Member of Parliament, or Legislative Assembly Member) Bank Certificate
Now You may apply for a PAN card online with ease, guarantee application accuracy, and get your card quickly if you know how to do so step-by-step, as explained in the article above. Recall that PAN is more than just a number! It’s essential for smooth financial transactions and tax adherence.
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citynewsglobe · 11 months ago
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