Application for Allotment of Permanent Retirement Account Number (PRAN) can be downloaded from the following link. https://nsdl.co.in/downloadables/S1_Subscriber%20Registration%20form.pdf permanent retirement account number WHAT IS PRAN NUMBER application for pran application for allotment of permanent retirement account number Pran Number pran application http://demataccount com/2010/07/29/application-for-permanent-retirement-account-number-pran/ NSDL PRAN form for permanent retirement no india income tax rebet in pran www pran no in/pension application form for PRAN permanent retirenment account number PRAN [...]

NSDL has enabled holding of mutual fund units [represented by Statement of Account] in dematerialised form for its demat account holders. You can use your existing demat accounts for converting your mutual fund units in dematerialised form. Procedure to convert mutual funds into demat form Obtain Conversion Request Form (CRF) from your DP. Fill-up the [...]

NSDL has decided to reduce the settlement fee charged to the Depository Participants (DPs) from Rs.5 to Rs.4.50 per debit instruction. This means a reduction by 10% of the existing charges. This reduction will be effective from April 1, 2010. It has always been the policy of NSDL to reduce charges with the growth in [...]

National Securities Depository Limited (NSDL), the first and largest depository in India promoted by institutions of national stature has launched a facility named SIMPLE (Submission of Instruction through Mobile Phone Login Easily), which will enable investors to submit delivery instructions to transfer securities to their broker account (Clearing Member Pool Account) for the purpose of [...]

National Securities Depository Limited (NSDL), India’s first and the largest depository has crossed 1,00,00,000 (one crore) demat accounts by August 2009. These accounts have more than 80% of securities held and settled in dematerialised form in India, indicating preference and trust the investors have in maintaining their assets with NSDL. Over the period of last [...]

As all Participants are aware, NSDL’s common internet facility called IDeAS facilitates investors to view latest balances and transactions in their depository accounts. SPEED-e facilitates Users (Beneficial Owners and Clearing Members) to submit delivery instructions on the internet. SPEED-e facilitates Participants to eliminate paper [Delivery Instruction Slips (DIS)] resulting in reduction in cost of storage [...]

“We are exploring all the legal recourses,” a source from Infinite India told VCCircle.   Private equity fund Infinite India Investment Management may take Maytas Properties to court. “We are exploring all the legal recourses,” a source from Infinite India told VCCircle.   In February last year, real estate fund Infinite India, had invested Rs [...]

In a move to protect the interest of investors, the Securities and Exchange Board of India (Sebi) has asked a high-level committee to suggest guidelines for the power of attorney (PoA) that investors issue in favour of their brokers. The agreements that are signed between brokers and investors are also up for review. The committee [...]

The Securities and Exchange Board of India (SEBI) and the Serious Fraud Investigation Office (SFIO) could not get access to the former bosses of Satyam Computer Services, B. Ramalinga Raju, his brother Rama Raju and Srinivas Vadlamani, by a court here on Friday on technical grounds. The Sixth Additional Chief Metropolitan Magistrate D. Ramakrishna rejected [...]

 Non-resident Indian (NRI) means a ‘person resident outside India’ who is a citizen of India or is a ‘person of Indian origin’. Under the Foreign  Exchange Management Act, 1999 (FEMA), a person who is not a ‘person resident in India’, as defined under Section 2 (v) of the Act is considered a ‘person resident outside [...]