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Budget News

  • Healthcare Likely To Get Top Priority For Budget
  • February 01,2021  09:26
  • The healthcare sector is likely to get by far the maximum attention of the government in the Finance Minister, Nirmala Sitharaman's Budget for 2021-22, an ASSOCHAM-Primus Partners' survey has noted. In a survey covering more than 550 participants, 39.7% respondents said healthcare would get the highest priority in resource allocation and policy support, in the face of the country braving the once-in-a-century global pandemic. Manufacturing emerged as the second most important sector, with 14.7% respondents expecting it to receive the Finance Minister's attention, followed by MSMEs (11.4%), real estate (10.7%) and infrastructure (9.6%). When it comes to aspirations of individual taxpayers, 79.3% respondents said they would like cut in personal income tax rates, especially in the wake of pressure on their earnings in the pandemic-hit economy.

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ATTENTION INVESTORS
"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors"
Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/email ID with your stock broker/Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of investors.
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
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