I am trying to understand RBI’s investment norms for co-operative banks. As per guidelines, co-op banks can invest up to 10% of their NDTL in non-SLR instruments, including mutual funds (mostly debt/liquid). SLR requirement is about 20%.

My doubt is regarding the surplus funds beyond these limits:

Some banks reportedly park their temporary surplus in liquid/overnight mutual funds and then redeem/reinvest frequently (say monthly) so that they remain within the non-SLR reporting cap.

Is this considered compliant practice if the balance sheet at month/quarter end does not show non-SLR above 10%?

Or would RBI treat this as a regulatory breach even if it is temporary?

Are there any circulars/clarifications from RBI on how co-op banks should handle such short-term liquidity parking?

Would appreciate if any expert can clarify the correct interpretation and practical approach.

Sir / Madam,
I have shares of Gateway distriparks purchased before 2018 (grandfathering concept) . I got 4 shares of the resulting company after the merger and relisting in 2021-2022. I have not sold the shares so far. What shall be the capital gains if I sell now and what shall be the date of purchase?

I have lodged shares of BEML for transfer in physical mode twice but they have returned original without transferring saying "give the details of authorized signatory" on behalf of seller. But how could i provide because shares are in the name of FII.

Help to get these transferred.

An individual likely to join a consulting company which do not allow employee and their family members to invest or trade in stock markets directly. Family members of the individual has investment in stocks and trade in stocks actively. What option is left for the family members of the individual to keep their investment in stocks and can trade in stocks. Please suggest the option to keep their investments and trading in stocks as per law and manageable manner. Partnership firm of family members or HUF ? In partnership firm, stocks can be kept in DMAT of partners account and trading account can be in the name of partnership firm. Please advice the way and option.
Thanks in anticipation.
Regards

Dear [Tax Consultant / Financial Advisor],

I seek your guidance regarding the correct cost of acquisition and tax implications for my investments in Tata Chemicals Limited (TCL) and Tata Consumer Products Limited (TCPL) in light of the 2020 demerger.

✅ Investment Background:
I purchased 250 shares of Tata Chemicals on November 1, 2011 at ₹374 per share, resulting in a total investment of ₹93,500.

Pursuant to the Scheme of Arrangement between Tata Chemicals and Tata Global Beverages (now Tata Consumer), I was allotted 285 shares of TCPL as of the record date March 31, 2020.

❓ My Questions:
What cost of acquisition per share should I consider for the 285 shares of Tata Consumer received under the demerger?

Tata Chemicals’ communication dated May 16, 2020, specifies a 0.66% cost allocation to TCPL and 99.34% to TCL.

Accordingly, the cost attributable to TCPL is ₹93,500 × 0.66% = ₹617.10, i.e., ₹2.17 per share.

What are the capital gains tax implications for the sale of both shares, which occurred in 2024?

I sold:

250 TCL shares at ₹1,055 each on 22-Jul-2024

285 TCPL shares at ₹1,194.40 each on 19-Jul-2024

Should the grandfathering provisions under Section 112A of the Income Tax Act be applied to Tata Chemicals shares using the fair market value of ₹722 as on 31-Jan-2018?

What is NIC code for Shares and stocks trading / investment training business.

1) If you sale bonus shares in year 2025, what COST will be considered for calculating capital gain income.

2). For any particular company, If we buy number of shares on multiple dates .
Cost for the purpose of capital gain income , to be taken based on average cost or FIFO method

Sir/Madam

I have some queries regarding share of liquidated company.

We have Shares of Industries and Mazada Ltd 100 no. Company is in liquidation. We want to sale these shares and encash the same. We have physical share certificates in the name of father, which was expired in 2004.

Please guide us, someone need urgent some fund.

Thanks in advance.

An individual is a major shareholder and director of a company with two divisions – a hospitality business and a share broking division, both officially registered. The individual also holds shares in various listed companies.

The question is: Can this individual sell shares of one of the listed companies (that he personally owns) to his own company, specifically through the share broking division?

I had a unlisted company holding from 28th June 2023, now the stock has got listed 2 months back, due to lockin i will be selling around April 2025 end, now regarding capital gain i am confused will it be stcg or ltcg, it is more than 1 year if taken actual aquisition date but less than 1 year if listing date taken, same less than 2 years if unlisted aquisition date taken.