Hi friends

One of my client buy stock form finland and some other countries for that it has to make payment thorough bank. i have been appointed to fix the rate of $ with bank so before making payment bank get my consent and fix rate.normally the bank offer the rate of doller at that time.
i wish to know that is there site from which i can confirm the rate, is any fixed rate for a particular day of the rates are changing frequiently thorugh the day for bank transactions. is any other method of payment to foreign supplier.pls inform the comprehensive information.

N.B.

Respected Sir, d) "option in securities" means a contract for the purchase or sale of a right to buy or sell, or a right to buy and sell, securities in future, and includes a teji, a mandi, a teji mandi, a galli, a put, a call or a put and call in securities; (definition under SCRA,1956)

Here, what is the meaning of " a Galli " ?

Thanking U & I wish u a very HAPPY TEACHER'S DAY (5TH SEPT.)

please tell me the accounting entries for shares in the books of investor.i operate tally.so most preferably mechanical entries.i have the client statement of share trading and ledger provided by the broker . am finding it difficult to cope with the speculation trading. plz can anyone help me throughout the entries plz plz ?

Hello,

My query is regarding taxability of Mutual Funds.
a) I have invested in Mutual Funds & some are under the scheme of Divident reinvestment. So on redemption, how would you arrive at the Sale value and cost.
b) All the mutual funds sold are long term only and are subject to STT

Thanks in advance

Regards

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hello experts
Who are "jobbers" in the stock exchange parlance? how exactly they are differenent from brokers? please provide example.