Posts tagged NSDL
Know your challan status via SMS
Jun 21st

photo by Erik Schlange
National Securities Depository Limited (NSDL) has launched a Short Message Service (SMS) based facility to know the status of challans. The procedure for availing this facility is as under:
1. The tax payer can send an SMS to 575758 with a message containing the word CSI followed by a space and CIN provided by the respective Bank at the time of making the Direct tax payment.
2. The CIN should be separated by comma (,).
3. Challan Identification Number (CIN ) consists of details such as BSR Code of Collecting Branch (seven digit) , Challan Tender Date (DDMMYYYY) and Challan Serial No (length less than or equal to 5 digit) and Amount. Continue reading “Know your challan status via SMS” »
NSC and KVP take the demat route
Sep 2nd

National Savings Certificate (NSC) and Kisan Vikas Patra (KVP) are the two of the most commonest investment instruments in India. Well, if you have invested in these and you’re based out of Mumbai, you’re in for some good news.
The postal department has been running a pilot project in Mumbai to electronically credit NSC and KVP details in an investor’s demat account — just like shares — instead of issuing the usual physical certificates. Thirty five major post offices in the region (Mumbai, Thane and Navi Mumbai) are authorised to offer NSCs and KVPs in demat form. Now post offices in Mumbai are urging investors to opt for NSCs and KVPs to choose the demat option during the application process. Continue reading “NSC and KVP take the demat route” »