TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Demat account BSDA threshold valuation rules: exclude ZCZP and delisted securities; quarterly review and consent for regular accounts</h1> Excludes Zero Coupon Zero Principal (ZCZP) bonds and delisted securities from the valuation reckoning for determining whether a demat account meets the BSDA threshold, with the consequence that such holdings will not disqualify an account from BSDA eligibility. Prescribes that illiquid securities be valued at the last closing price for BSDA threshold computation, with the consequence that DPs must use this valuation basis where liquidity is lacking. Mandates quarterly reassessment of BSDA eligibility and requires BOs' active consent through an authenticated and verifiable channel (as specified by Depositories) to open or continue a regular demat account, with the consequence that eligible accounts must be opened/converted to BSDA unless such consent is provided. These modifications apply from March 31, 2026.
TaxTMI 
TaxTMI 
