#bsda

[religare-broking-limited]

How to convert Demat to BSDA?

Are you a new investor in India looking to manage a smaller portfolio without incurring hefty maintenance charges? Switching to a Basic Services Demat Account (BSDA) is your ideal solution! A BSDA offers lower maintenance fees and simplifies holding small quantities of shares, making it a budget-friendly option. Learn how to transition your existing Demat Account to a BSDA and enjoy the benefits of a cost-effective, zero-brokerage Demat Account today. Follow the right steps and stay within the prescribed limits to maximize your savings while maintaining the essential services of holding shares electronically. Discover the advantages of a BSDA now!

Also Read: Convert Demat to 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/

[beardedmrbean]

Under-16s will be banned from buying high-caffeine energy drinks in England, if Labour wins 4 July's general election.

Drinks such as Monster, Prime and Red Bull would be blocked from sale, to protect children's health - but Coca-Cola and Lucozade would not be covered by the ban.

The proposal was welcomed by TV chef Jamie Oliver, who said on X, formerly known as Twitter: "You would be amazed if you saw how many kids have breakfast in the form of an energy drink."

Children were "bouncing off the walls" in the classroom, so teachers had to resort to "plan-B or plan-C" lessons, he said.

The Conservatives had planned to ban under-16s from buying energy - but the move was scrapped over concerns about "nanny state" meddling in personal choices.

Most UK supermarkets have introduced a voluntary ban on the sale of energy drinks to under-16s.

In January, a review of the health impact of energy drinks on children highlighted links to more risks than previously thought, such as anxiety, stress and suicidal thoughts.

The packaging on the drinks often says they are not suitable for children, and yet they can be easily bought by under-18s from corner shops, the researchers found.

It is a huge and growing market, and up to a third of UK children drink them every week.

Under Labour's plans, drinks containing more than 150mg (0.03 teaspoons) of caffeine per litre (a pint and three-quarters) would be banned from sale, in retail outlets and online, to under-16s.

Drinks such as Coca-Cola and bottled Lucozade fall under the limit, Labour says.

But a 500ml can of Monster Energy contains 160mg - equivalent to more than three shots of espresso or five cans of Coca-Cola.

Labour's shadow health secretary Wes Streeting warned children were attending school "wired on the equivalent of three shots of espresso, from these toxic drinks".

"It stops them sleeping, damages their mental health.

"How on Earth do we expect children to learn with that in their system?"

'Several espressos'

Shops would have to check ID if they thought buyers could be under age, as they currently do with alcohol and tobacco.

Trading-standards officers would police the ban and retailers face fines of up to £2,500.

Asked why Labour would not include other high-caffeine drinks such as some coffees, leader Keir Starmer said: "Because this is aimed at children and the sort of drinks that at the moment, the energy drinks, that they are drinking.

"I mean Monster, I think, is the number one.

"Just to give you a sense of that - the caffeine in that is the equivalent of several espressos, which is why it's having such an effect on children's behaviour.

"Talk to anyone who's in a school and they'll tell you what the problem is."

The Lib Dems says they would extend the "sugar tax" on soft drinks to juice-based and milk-based drinks that are high in added sugar.

In Scotland, meal deals are to be stripped of crisps and fizzy drinks under SNP plans to tackle an obesity crisis.

Reacting to Labour's announcement, Gavin Partington, director general of the British Soft Drinks Association, said: “In line with and in the spirit of our own long-standing Code of Practice, BSDA members do not market or promote the sale of energy drinks to under 16s and label all high-caffeine beverages as ‘not recommended for children’, so we welcomed the move by retailers to voluntarily restrict sales to under 16s."

He urged any move to ban sales of energy drinks to be "evidence based".

[wordexpress]

Zerodha's Nithin Kamath Praises SEBI's Progressive Reforms: What's Next for Brokers?

In a recent post on X (formerly Twitter), Nithin Kamath, co-founder of Zerodha, commended SEBI, the market regulator, for its continuous efforts to enhance investor friendliness in the Indian markets. Kamath speculated that brokers might soon find their roles reduced to merely processing orders due to these regulatory advancements.

Kamath noted, “The reduction in the AMC is, in a way, a result of the gradual reduction in a broker's role. In the not-so-distant future, I wouldn't be surprised if all that the brokers will be doing is just processing orders.”

Key Regulatory Changes

Since 2019, SEBI has implemented several changes that have significantly impacted the traditional role of brokers:

Segregation of Client Funds: Brokers are now required to keep client funds separate from their own, ensuring greater security and transparency for investors.

Compulsory Quarterly Bank Reconciliations: This measure mandates brokers to reconcile their bank accounts quarterly, enhancing financial accuracy and accountability.

Elimination of Fund Pooling for Mutual Fund Transactions: Brokers can no longer pool funds for mutual fund transactions, which further safeguards investor interests.

Direct Payout of Securities

Kamath highlighted a recent regulation aimed at simplifying operations for brokers and providing direct benefits to investors. Previously, when investors purchased securities, the clearing corporation (CC) credited these securities to the broker's pool account, who then transferred them to the client’s account. With the new regulation, CCs will directly transfer securities to the client’s demat account, bypassing the broker entirely. Kamath explained, “This also eases operations at a broker's end.”

Increased Limits for Basic Services Demat Accounts

Another anticipated change is the likely increase in the limit for Basic Services Demat Accounts (BSDA). Kamath mentioned, “Another move which will most likely be introduced is around increasing the limit for a Basic Services Demat account (BSDA) from the current ₹4 lakh to ₹10 lakh. So, investors will pay 0 or reduced AMC on their demat accounts with holdings up to ₹10 lakh.”

The Future of Brokerage

Kamath’s insights underscore the evolving landscape of brokerage in India. With SEBI's continuous efforts to streamline and secure financial operations, brokers may need to adapt to a reduced role, focusing primarily on processing orders. These changes are poised to create a more transparent and investor-friendly market, ultimately benefiting the end-users while reshaping the traditional functions of brokers.

Stay tuned for more updates on how these regulatory changes will impact the Indian financial market and the roles within it.

[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

Download Now

Facebook Instagram Twitter Youtube Pinterest Telegram Tumblr

[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، ��ذا يمكن أن يكون خطر الإصابة به موروثا، ولكن إذا كنت مصابا بالنوع…

[imperiumallaboveall]

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

NFT

[aryburn-trains]

Saint Louis Missouri MetroLink July 4, 2011