SHARES TRADING saving account

462 views
User Avatar

B.Com
134 Points Posted on 01 September 2023
sir share trading in saving account up to how lakhs we can do transaction
0 Reply Share Follow
On 01 September 2023 at 11:35 Report
Replies (9)
Quick Summary
This discussion clarifies transaction limits for share trading using savings accounts, noting that while discount brokerage apps may have daily fund addition limits (e.g., 1.5 lakhs), trading through ledger funds generally has no upper limit. Participants also touch upon long-term capital gains tax and relevant exemptions such as Section 54EC and 54F, advising to keep transaction details for record-keeping.

User Avatar

CFO- at NHTF
58280 Points Posted on 01 September 2023
If it is discount brokerage app then per day 1.5lacs is allowed to add funds .

But no limit from trading through ledger funds
Reply
On 01 September 2023 at 14:04
User Avatar

Profession
28271 Points Posted on 01 September 2023
You can transact provided you abide by the laws . ltcg
Reply
On 01 September 2023 at 22:56
User Avatar

CFO- at NHTF
58280 Points Posted on 02 September 2023
There is no limit for trading or investment in equity
Reply
On 02 September 2023 at 06:17
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 03 September 2023
No limits, You can trade with no limits.
But, Keep details of the transactions...
Reply
On 03 September 2023 at 11:12
User Avatar

CFO- at NHTF
58280 Points Posted on 03 September 2023
Transactions are completely online. Brokerage houses keeps record of all transactions which can be accessible online at any time
Reply
On 03 September 2023 at 11:16
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 03 September 2023
Yes, That's required...
Some of the Brokerage houses can't give exact details.
Reply
On 03 September 2023 at 11:33
User Avatar

Profession
28271 Points Posted on 05 September 2023
I told long term capital gain. Yes you save tax either by taking relevant exemptions.
Reply
On 05 September 2023 at 07:34
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 05 September 2023

Yes, the relevant sections is applicable.

Reply
On 05 September 2023 at 07:38
User Avatar

Profession
28271 Points Posted on 06 September 2023
Sec 54EC, SEC 54F
Reply
On 06 September 2023 at 06:06

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading