Budget 2013 Top 10 Impacts Finance Minister P. Chidambaram’s eighth Budget (Budget 2013) was not a big bang affair, but analysts said he has quietly ensured that India’s finances are in shape and the economy gets back on track even as the government gets into an election mode. The markets may have been unimpressed by […]
Rationalisation Process for obtaining PAN by Investors
The Securities and Exchange Board of India (SEBI) on Friday allowed market entities to verify the permanent account number (PAN) of qualified foreign investors (QFIs) through the Income Tax (I-T) department’s website against the current practice of asking for their original PAN card. The circular has been sent to stock brokers, depository participants, mutual funds, […]
New IPO Rules to Entice Retail Investors
SEBI announced new Initial public offer (IPO) rules for retail investors. Now for distributing the shares to retail investor, number of application count instead of number of shares applied for. SEBI wants more and more investor to enter in the stock market. Government is doing all its efforts for call people in the share market. […]