Share market investing in the bygone days involved a lot of paperwork. It was complicated and cumbersome until dematerialisation of shares made buying, selling, and holding shares effortless.
According to the Indian Trust Act 1908, a Trust is an arrangement where the owner transfers the property to another for the benefit of a third person.
There are a number of different reasons why people want to change their stock broker. Often, traders find that they are getting lower brokerage rates and better service standards from another broker and may want to shift. Alternatively, your existing broker may have an online / app trading platform that is not very robust and you may be looking for a much better trading interface.
You are on your favourite trading app (like IIFL), and you’re watching happily as the stock you bought some time ago has risen to reach your target profitable price.
While demat accounts make investments, in general, and trading, in particular, more convenient than ever, they come with their own fair share of charges. These charges are a small price to pay for the convenience of trading electronically. However, it is still financially prudent to be aware of a few aspects of these demat account charges
Earlier, buying and selling of shares were done by being physically present at the exchanges. Today, with the advent of digitalisation, shares no longer need to be tangible assets. They are dematerialized, making it much easier for everyone to buy and sell them.
Every Indian citizen is liable to pay taxes as per their tax obligation and applicable tax bracket slabs. In the process of filing income tax, the first step is to file the returns. However, your taxes are not filed completely until you verify the filed returns.
A minor demat account is an account opened by a parent, or a legal guardian, in the name of a person below 18 years of age. Below are some of the problems that a minor demat account can help resolve:
The dematerialisation of shares and the advent of electronic trading has enabled the participation of investors from different strata of society.
Opening a bank account with any banking service that has been verified by the Reserve Bank of India (RBI) is a service available to any Indian citizen. However, for those who have maintained their Indian citizenship but reside out of the country;
Share market investing in the bygone days involved a lot of paperwork. It was complicated and cumbersome until dematerialisation of shares made buying, selling, and holding shares effortless.
Hacking means someone accessing your online account without having any authority to do so from your side. Unethical hackers try to get access to online accounts such as trading and demat accounts because they can steal money and other assets from such accounts.
1991 witnessed the liberalisation of the Indian economy. Post this, SEBI was established by the Indian Government as the regulator for securities markets in the year 1992. Soon after that, SEBI started bringing reforms in the securities sector. Economic reforms started getting passed to accomplish specific goals, such as the growth of capital and personal inflows, modernisation, and the introduction of a free-market economy. The […]
According to the Indian Trust Act 1908, a Trust is an arrangement where the owner transfers the property to another for the benefit of a third person.
There are a number of different reasons why people want to change their stock broker. Often, traders find that they are getting lower brokerage rates and better service standards from another broker and may want to shift. Alternatively, your existing broker may have an online / app trading platform that is not very robust and you may be looking for a much better trading interface.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.