Hi All,

This is Satyanarayana.P i have a query regarding Stamp Duty

1.When we have to Pay Stamp duty on shares?

A. At the time of Issue Of Shares? or
B. At the time of Transfer of Shares?

Because somewhere it is saying that there is no stamp duty on issue of shares, the stamp duty attracts only when the shares transfered. which is Right?

satyanarayana.P
9705104900
pinnaka.financial@gmail.com

Can anyone take delivery in derivative contracts such as forward contract, call and put options etc.
Although most of the transactions are settled through price difference but is it permisible to take delivery ? If yes , what is the procedure for that ?

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Hello, I am aware that if i want to buy and sell shares on a daily, weekly etc basis, I need to maintain an online trading account for the actual transactions of buying/selling, and a demat acct to "hold" the shares.

If however, I only buy shares of say company ABC, today (Feb 2, 2010) and i dont sell them at all, and only retain them, and wish to sell after another 5 years, do i still need a trading account now?

what would be the procedure in that case?

thank you.

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Plz clear the meaning of OCB's & HNI's categories of investors. And if there are any other categories also, make them clear.

hi.
Dear sir,

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pls exoplain in depth

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Also tell me, in case of options, seller has to deposit entire amount of contract size or margin money concept is also available here as in case of futures.

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