Demat Account Services

When you want to trade in equity market, you need to have a demat account. Demat account is an account where all the shares purchased by you are accounted in the electronic form. Hence it is mandatory that you need to have demat account in order to trade in stock market.

Most of us who don’t invest regularly in stocks, bonds, gold ETFs, IPO, etc may find maintaining our demat accounts a pain because of the charges. The costs, such as annual maintenance and statement charges, make these accounts relatively expensive. But with the introduction of basic service demat account (BSDA) by SEBI (Securities and Exchange Board of India), the annual maintenance charges structure will be on a slab basis. Here we provide you with the fundamental information about BSDA. Who can open a basic service demat account? The basic services demat account promises to provide limited services at reduced costs to retail investors. These accounts are also called no-frills or basic trading accounts. An individual—who currently has a demat account or plans to open a demat account where he is the only first holder—will be allowed to open the BSDA. The individual needs to ensure that the value of securities held in his basic trading account will not be more than Rs. 2 lakh at any given point of time. According to SEBI circular, all depository participants (DPs) will make basic trading accounts available with limited services and reduced costs. DPs’ will offer BSDA from 1 October 2012.

Pearl Accountants along with other services offers Demat Account Services and offer stock market recommendations to our customers. We suggest several stock picks like large cap recommendations, mid cap recommendations, small cap recommendations and penny-stock recommendations. We also provide variety of research reports.

To get a Demat Account please click on the link below

http://www.pearlaccountants.org/

An overview of Pearl Accountants

Pearl Accountants is a Cochin based Accounting firm who is the Accounts Outsource partner of Global Company Formation UK Limited, facilitating all accounting works in Tally Software. Here we are providing all the Business advisory services in one shop by using High End IT. Pearl is a cost effective way of managing your Accounts and Administrative work with highly experienced Professionals. We are next Generation Accountants using Online Platform. 

Mathew Stephen FCA, AAIA, CeFA
Fellow member: The Institute of Chartered Accountants, India.
Associate member: The Association of International Accountants, UK.
Financial Advisor: IFS School of Finance, UK. 

Mr. Mathew Stephen is the founder Director of Global Company Formation UK Limited. He is also the Director of Pearl Outsource Private Limited, our outsource partner in India to offer outsource facility as well as outsource service and was the founder Director of Global Accountancy Services too. He is a qualified accountant from the Association of International Accountants in the UK and the Institute of Chartered Accountants of India. He is also one of the partners of international Chartered Accountants firm P. Parikh & Associates. He has 20 years’ experience in accounts, business consultancy, taxation & statutory audit. He is also a UK Independent Financial Advisor (IFA) and CeFA qualified at the IFS School of Finance.

He has won the Online Technology Award in two consecutive years, 2011 and 2012, from the Tenet Network. He specializes in Global Company Formation, International Taxation and also as Corporate Protection Advisor to the directors of Limited Companies.