PehlaTrade

Security transaction tax (STT) It is a tax payable on the value of securities which a trader trades with on any listed exchange. STT is payable by investors and traders to the central government, however, this is not chargeable in commodities and currencies. To stop tax avoidance on capital gains it was introduced in India in 2004. As people does not declare their profits, the government could tax only those profits which people explicitly declare. With STT now taxation on investing and trading have been simplified to a certain extent. STT will be charged in all the transactions in stocks, futures, and options whether you buy or sell a share. Share price includes its price in it and there is no way to avoid it as this tax is automatically added to the transaction price.For buying and selling securities listed on the exchange a trader must have a demat account and trading account. Following are the security transaction tax rate: Buying or selling of stock...

Automated trading systems are quite popular in financial sphere nowadays. This trading system is ruled by a certain set of rules as defined by a trader. It basically enables traders to execute their trade orders automatically via computer by giving instructions. An automated trading system is sometimes also referred as algorithmic trading, as the trading system works on some predefined algorithms. All the orders which are executed will be reflected in the  Demat account  of traders. The most striking feature of this system is the mechanism used for operating. They offer investment assistance as well by performing a thorough analysis of different market factors and determining traders when is the right time to trade. Some of the most recognized benefits of the automated trading system are discussed below: 1)Selecting important and unimportant factors For traders market research is a basic and mandatory requirement. To perform market research many factors are considere...

A stock represents a portion of ownership in a company. By holding stocks of a company traders and investors become eligible to claim on its assets and earnings. To begin with trading, traders must have a Demat account as all the orders placed in the market of buying and selling of stocks will be done through this account. Investors have different objectives like growth, income, a secondary source of income and more. Depending upon their goals investors seek for stocks which are best suited to accomplish those trading goals. On the basis of investment characteristics of stocks are categorized as follows: Common stocks As the name says 'Common' these are the stocks which people are generally referring to when they are talking about stocks. They are capable of yielding high returns but do not guarantee any fixed return and therefore they are risky as well.By holding such stocks an investor gets other benefits like voting rights ...