A Demat account holds your shares, bonds, ETFs and other securities in electronic form. Because it is connected to your trading account and personal financial information, criminals may try to gain access…
Category: Finance
How to Report a Wrong Demat Transaction to Your Broker or Depository
A wrong Demat transaction can mean an unexpected debit, incorrect credit, unauthorised transfer, wrong quantity, or another transaction that does not match your records. Such an entry should not be ignored, especially…
How to Protect Your Demat Account From Hacking and Unauthorised Access
A Demat account contains your electronic securities, so protecting it from hacking and unauthorised access is important. A compromised account can potentially expose your personal information and may lead to unauthorised trading,…
Old Tax Regime vs New Tax Regime: Key Differences
Income tax in India currently offers taxpayers two tax regimes: the old tax regime and the new tax regime. The two regimes have different tax slabs, deductions and exemptions. For Assessment Year…
TDS: Meaning, Rules and How It Works
TDS (Tax Deducted at Source) is a system used by the Indian income-tax framework to collect tax when certain types of payments are made. Under TDS, the person or organisation making a…
Form 16: Meaning, Parts and How to Download It
Form 16 is an important income tax document issued by an employer to a salaried employee in India. It provides details of salary income, tax deductions, exemptions and Tax Deducted at Source…
How to Claim an Income Tax Refund
An income tax refund arises when the total tax paid by a taxpayer is higher than the actual tax liability for the financial year. The excess amount can generally be claimed back…
Short-Term vs Long-Term Capital Gains: Key Differences
Capital gains are profits earned from the sale or transfer of a capital asset such as shares, mutual funds, property, bonds or other investments. For income tax purposes in India, capital gains…