PIS account is not required for a NRO account. In case of NRO account a special account will be opened to make sure that taxes if any are deducted at source, the bank will verify if the tra..
Read More
IS PIS ACCOUNT REQUIRED FOR A NRO ACCOUNT ?
Posted on 22-Jun-2017Comments 1
PIS account is not required for a NRO account. In case of NRO account a special account will be opened to make sure that taxes if any are deducted at source, the bank will verify if the tra...
Read More
Difference between PIS Bank Account and Non PIS Bank Account
Posted on 20-Jun-2017Comments 0
Difference between PIS Bank Account and Non PIS Bank Account PIS Bank Account: Payment for purchase of shares in secondary market has to be necessarily routed through this Account. The fundi...
Read More
STEPS TO OPEN NRI ACCOUNT
Posted on 19-Jun-2017Comments 0
ACCOUNTS TO BE OPENED FOR NRI TO INVEST IN INDIA The following are the accounts to be opened for a NRI to invest in India. Step1: Trading account: This account enables one to buy/sell stocks Step2: De...
Read More
Weekly Capsule (Jun 12 – Jun 16) and Impact Analysis
Posted on 17-Jun-2017Comments 0
Major News Item Impact Analysis Ø FOMC raises Fed rates by 25 basis points to the range of 100-125 bps Ø The hike in rates is in tune with the Fed guidance of 3 rate h...
Read More
BIG NEWS – Jun 16th 2017
Posted on 17-Jun-2017Comments 0
Chasing Bank NPAs How the RBI has taken two important steps to rescue the banks… In the last couple of months, the RBI has initiated two very important measures that will go along way in...
Read More
NRI ACCOUNT
Posted on 17-Jun-2017Comments 0
We are one of the most reliable Depository service providers in India. We recently won the NSDL award for "Star Performer of Year 2013, 2015 and 2016" You can open the following types ...
Read More