Money Junction

All about SGX Nifty and its importance

March 5, 2018

SGX Nifty & its importance: SGX Nifty, also known as a Singapore Nifty, involves taking position in the Singapore Exchange on Futures contracts . The Futures contracts settlement is based on the NIFTY settlement price in the Indian stock exchange NSE. This gives international investors the flexibility of betting on Indian markets without having to […]

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NRI Trading Account with Zerodha

February 1, 2018

Zerodha opened its doors for NRIs to trade in India @ Brokerage of Rs 200 /executed order for both Equity & F&O. As of now they are only servicing clients having PIS account with Axis or HDFC bank. Accounts in other banks will be served shortly. Intraday equity trading, currency trading and Commodity trading is […]

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Documents required to open a NRI -NRO trading and demat account

February 1, 2018

Dear fellow NRI Investor/Trader, The below  article  is our effort to simplify what goes into opening a NRI trading and demat account for investing in the Indian Stock Exchanges through the PIS route. Open an NRE/NRO savings bank account in India NRE Account? Non-resident External Account (NRE) is a  bank account where both the principal […]

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How to Generate your First E-way Bill from E-way Bill Portal?

January 21, 2018

Dear 5Rupees Readers, Here we present complete step by step guide to Registration of user on E- Way bill portal, and generating E-way Bill. As per notification with effect from 1st Feb – 18 every inter state transportation of goods having value more than Rs. 50,000 is to be done with E-way Bill. From 1st […]

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AADHAR is now mandatory for new Demat and trading accounts

January 4, 2018

From now on, we shall be making collection of Aadhaar mandatory for all new clients, i.e. including Online, Offline and Non individuals (including corporate accounts, partnerships etc.). The Aadhaar scan shall be attested and collected as an additional attachment. Things to remember: 1) For all offline accounts, along with Aadhaar number having to be filled, […]

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