Do's and Don'ts
We request you to
meticulously follow the
above instructions,
to avoid any problem in operation of your demat account.
- Register for CDSL's internet based facility 'easi' to monitor your demat account yourself. Contact your DP for details.
- Register for CDSL's SMS Alert facility - SMART and obtain alerts for any debits or credits due to a corporate action,in your demat account.
- Accept the DIS book from your DP only if each slip has been pre-printed with a serial number along with your demat account number and keep it in safe custody.
- Always mention the details like ISIN, number of securities accurately. In case of any queries, please contact your DP or broker.
- Ensure that all demat account holder(s) sign on the DIS.
- Please strike out the any blank space on the slip.
- Cancellations or corrections on the DIS should be initialed or signed by all the account holder(s).
- Submit the DIS ahead of the delivery date for all type of market transactions. DIS can be issued with a future execution date.
- Intimate any change of address or change in bank account details to your DP immediately.
- Check the investor service record of the issuer company with your DP before deciding to send certificates for demat. The list of companies whose demat request are pending is published at www.cdslindia.com.
- Before sending securities for demat, record the distinctive numbers of the securities sent.
- Before granting Power of Attorney(PoA) to anyone, to operate your demat account, carefully examine the scope & implications of powers being granted.
- PoA is not mandatory for opening a demat account.
- The demat account has a nomination facility and it is advisable to appoint a nominee, in case of sole account holders.
- Ensure that, both, your holding and transaction statements are received periodically as instructed to your DP. You are entitled to receive a transaction statement every month if you have any transactions and once a quarter if there have been no transactions in your account.
- Check your demat account statement on receipt. In case you notice any unauthorized debits or credits, contact your DP for clarification. If not resolved, you may contact CDSL Investor Grievance Dept., Mr. Durgesh Gurav, Central Depository Services (India) Ltd., Marathon Futurex, A Wing, 25th floor, Mafatlal Mills Compound N M Joshi Marg , Lower Parel ( E) Mumbai - 400013 , Phone :022 2305-8658 email- [email protected]
- Do not leave your instruction slip book with anyone else.
- Do not sign blank DIS as it is equivalent to a bearer cheque.
- Avoid over-writing, cancellations, misspellings, changing of the name and quantity of securities.
Investor Meets
CDSL, on regular basis conducts Investor Awareness Programmes (IAPs) along with its DPs, Financial / Educational Institutions, Newspapers etc.
To know more, kindly contact :
Mr. Ajit Manjure
+91-9820674687Mr. Yogesh Kundnani
022-23058694Ms. Tejasi Mendon
022-23058682Mr. Anand Tirodkar
022-23058615To know more about Initiatives to educate investors by NCFE, kindly visit following link. i.e. http://www.ncfeindia.org
- Follow us on
Investor Awareness Programmes (IAPs)
| Date | Time | City | Day | Venue |
| 29-Feb-2020 | 5:30 PM | ADILABAD | Saturday | HOTEL RAVI TEJA, N H 7, NEAR BUS STAND, ADILABAD, TELANGANA. |
| 29-Feb-2020 | 4.00 PM | NAGPUR | Saturday | CHITNAVIS CENTRE, CIVIL LINES 56, TEMPLE ROAD, NEAR HISLOP COLLEGE, NAGPUR, MAHARASHTRA. |
| 29-Feb-2020 | 5:30 PM | DEHRADUN | Saturday | HOTEL RED FOX, 4, 973, 113, RAJPUR RD, DEHRADUN, UTTARAKHAND. |
| 29-Feb-2020 | 5:30 PM | UDUPI | Friday | SUMMER PARK, VIDYA SAMUDRA RD, BADAGUPET, UDUPI, KARNATAKA. |
| 29-Feb-2020 | 5:30 PM | GUNA | Sunday | THE GRAND KASTURI, VINDHYACHAL COLONY, MODEL TOWN COLONY, GUNA, MADHYA PRADESH. |
| 29-Feb-2020 | 5:30 PM | ZOTLANG | Sunday | TOURIST LODGE, ZOTLANG, LUNGLEI DISTRICT, MIZORAM. |
RGESS &
Benefits
Rajiv Gandhi Equity Savings Scheme (RGESS)
Rajiv Gandhi Equity Savings Scheme, 2013 (RGESS) is a new equity tax advantage savings scheme for equity investors in India, with the stated objective of "encouraging the savings of the small investors in the domestic capital markets.” Vide notification dated December 18, 2013 the scheme has been notified by the Department of Revenue, Ministry of Finance (MOF)... It is exclusively for the first time retail investors in securities market.
The objective of the scheme is to encourage flow of savings in the financial instruments and improve the depth of the domestic capital market
- A new section 80CCG under the Income Tax Act, 1961 on ‘Deduction in respect of investment under an equity savings scheme’ has been introduced to give tax benefits to ‘New Retail Investors’ who invest up to 50,000 (INR) in ‘Eligible Securities’ and have gross total annual income less than or equal to 12 Lakhs (INR). The investor would get a 50% deduction of the amount invested from the taxable income for that year.
- The new retail investor may invest in one or more financial years in a block of three consecutive financial years beginning with the initial year.
- Gains, arising of investments in RGESS, can be realized after a year. This is in contrast to all other tax saving instruments.
- Investments are allowed to be made in installments in the year in which the tax claims are filed.
- Dividend payments are tax free.
- This scheme has a long run benefit of educating the retail investment segment and thereby moving towards financial inclusivity in the country.
- Success of this scheme can lead to transfer of assets from traditional savings instruments such as bank deposits and FDs to the capital markets, leading to diversification in retail investor portfolio and also leading to more productive "capital formation" assets.
The deduction under the Scheme will be available to a ‘new retail investor’ who complies with the conditions of the Scheme and whose gross total income for the financial year in which the investment is made under the Scheme is less than or equal to twelve lakh rupees.
The deduction under the Scheme shall be available to a new retail investor who:-
- Is a resident individual (the benefit cannot be availed by HUF, corporate entities / trusts etc).
- Has not opened a Demat account and has also not done any trading in the derivative segment till RGESS account opening date or the first day of the “initial year” in which he brings in the RGESS eligible investment into the account, whichever is later.
- Has opened a Demat account and has not made any transactions in equity and /or in the derivative segment till designating such account as RGESS or the first day of the “initial year” in which he brings in the RGESS eligible investment into the account, whichever is later.
- In case the demat account is opened as a first holder, but there are no transactions in the equity or derivative segment, then the first account holder is eligible to be a new retail investor.
- For taking the benefits under RGESS, the new retail investor will have to submit a declaration, as in Form ‘A’, to the Depository Participant (DP) at the time of account opening or designating his existing demat account.
- In case of joint accounts, only the first account holder will not be considered as a new retail investor. All those existing account holders other than the first demat account holder (eg. second / third account holders or other joint holders) or nominees of the existing account holders will be considered as new retail investors for the purpose of opening of a fresh RGESS account, if otherwise eligible.
- Has gross total income for the financial year less than or equal to 12 Lakh (INR).
A new retail investor can make investments under the Scheme in the following manner:
- Open a demat account with a Depository Participant by providing an undertaking Revised link (Form A) that he wishes to designate his existing account or open a new account as RGESS account.
- An investor can invest in eligible securities in one or more transactions during the year in which the deduction has to be claimed.
- An investor can make any amount of investment in the demat account but the amount eligible for deduction, under the Scheme will not exceed fifty thousand rupees.
- The eligible securities brought into the demat account, as declared or designated by the new retail investor, will automatically be subject to lock-in during that year, unless the new retail investor specifies otherwise and for such specification, the new retail investor will submit a declaration in Revised link Form B / Application indicating that such securities are not to be included within the above limit of investment.
- An investor will be eligible for a deduction under subsection (1) of section 80CCG of the Act in respect of the actual amount invested in eligible securities, in the first financial year in respect of which a declaration in Revised link Form B / Application has not been made, subject to the maximum investment limit of fifty thousand rupees.
- The investor would get under Section 80CCG of the Income Tax Act, a 50% deduction of the amount invested during the year, upto a maximum investment of 50,000 (INR) per financial year, from his/her taxable income for that year, for three consecutive assessment years.
- An investor will be permitted a grace period of seven trading days from the end of the financial year so that the eligible securities purchased on the last trading day of the financial year also get credited in the demat account and such securities will be deemed to have been purchased in the financial year itself.
- An investor may also keep securities other than the eligible securities in the demat account through which benefits under the Scheme are availed.
- An investor can make investments in securities other than the eligible securities covered under the Scheme and such investments will not be subject to the conditions of the Scheme nor will they be counted for availing the benefit under the Scheme.
- The investment under the Scheme will consist of an investment in any of the eligible securities covered under the Scheme.
- Deductions claimed will be withdrawn if the lock-in period requirements of the investment are not complied with or any other condition of the Scheme is violated.
As on: April 30, 2020
| Sr.No. | Item | Unit | Value |
| 1 | Total Number of RGESS Accounts | Number | 32455 |
| a | Number of new RGESS demat accounts | Number | 27610 |
| b | Number of existing demat accounts designated for RGESS | Number | 4845 |
| 2 | Out of (1), Number of accounts with Investments | Number | 11192 |
| 3 | Total value of initial investments made by RGESS Beneficiaries (when valued at the actual cost of acquisition) | (INR) in Lakhs | 6399.43 |
| a | By new RGESS demat account holders | (INR) in Lakhs | 4597.91 |
| b | By existing demat account holders who have designated their account for RGESS | (INR) in Lakhs | 1801.46 |
| 4 | Type of Investments | ||
| a | Investment into equity | (INR) in Lakhs | 2231.17 |
| b | Investments in Mutual Funds | (INR) in Lakhs | 3818.25 |
| c | Investments in ETFs | (INR) in Lakhs | 350.02 |
| 5 | SubSequent Investments | ||
| a | Number of RGESS accounts Where investments have been made in the first and second year | Number | 3444 |
| b | Number of RGESS accounts Where investments have been made in the first second and third year | Number | 1806 |
| c | Additional amount invested by existing RGESS beneficiaries in second year (when valued at the actual cost of acquisition) | (INR) in Lakhs | 1196.30 |
| d | Additional amount invested by existing RGESS beneficiaries in third year (when valued at theactual cost of acquisition) | (INR) in Lakhs | 1028.83 |
Compare DP
Tariff
Download files from the link given
Companies with pending demat requests
Click on the link to view details
Investor
Education and
Protection Fund
(IEPF)
“In terms of Section 124(6) of Companies Act, 2013 and the Rules notified there under, the shares in respect of which dividend has not been paid or claimed for a period of seven consecutive years or more, are required to be transferred by the Company to the IEPF Authority. The first due date for such transfer was 31st October, 2017. Investors may (Click here) for refund process in respect of shares / amounts transferred to the IEPF Authority Account. “
