KunjanPSD
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Posts posted by KunjanPSD
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30 minutes ago, rushab oswal said:
Not only that but redemption also has some jantar mantar to be done.
Not really, I redeemed an amount from a fund invested via Coin, only asked me CDSL tpin and money was credited in T+2 days.
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9 minutes ago, SuperT said:
Oh great they finally resolved it, I remember my friend complaining a couple of months back about Coin. On Kuvera it has always been - UPI (Bank Mandate)
UPI bank mandate works when dealing directly with AMCs, this unfortunately can't work via coin but since Debit card works, I do not face any issue now.
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25 minutes ago, rushab oswal said:
Did not get you?
Migration to BSE star resulted in the need of manual UPI payments.
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1 hour ago, rushab oswal said:
NAh , something something tha and everything got migrated to bsestar from paytm money.
It is the same thing.
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7 hours ago, SuperT said:
I haven’t used coin but kuvera has been great - super smooth with sips every month, no ads/notifications and no hassle of demat this might not be a major point for many but I think it’s a bonus. Also, do check regarding the manual intervention required with sip every month on coin it was an issue a few months back I don’t know if they have addressed it.
One can setup a debit card mandate and automate SIPs on Coin now.
How does it work on Kuvera?
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1 hour ago, Right said:
You also show your talent. Kitne mare as per your calculation?
Covid was fake.
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I can't believe the sampling and estimation expertise we have on IVG. Only if the world knew of our talent!
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26 minutes ago, rushab oswal said:
Difference between kuvera and coin? this new regulation fXXXed up my patym money investments , so switch to coin next month.
Which regulation? The manual payment one?
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I now believe that the average population is right-fully more dumb that I ever imagined.
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58 minutes ago, dante77 said:
Is this only applicable for tour packages only? Like if I buy a tour plan from an agent. Only then I have to pay 20%, otherwise it is as before, right?
No one knows, everyone is waiting for RBI guidelines. But I won't be surprised if this is for every forex transaction like it is supposed to be for debit cards etc.
Acche din aa gye hai.
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7 minutes ago, Bird Bird Bird said:
Ooooh. Didn't someone say they deleted the 2fa account and logged out of IVG ?
Hmmmm... And 10 hours later the comment is edited. 
Man, it's cool if you wanna be part of the community - just don't be a dick.
Is this the same guy who got his knickers in a twist when I asked a mod to match his I.P to an existing account? Lol.
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15 minutes ago, Bird Bird Bird said:
I don't think such CC spends will be under the law.
Yeah, hopefully.
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35 minutes ago, Bird Bird Bird said:
Amazon Australia.
1st July ke baad 20% kidney aur jugaadni hogi.
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1 hour ago, Big Boss said:
If you see any heart attack death related video of Indians on twitter, 90% of the replies will be blaming the vaccine. This was asked to government too but they refused to associate vaccines to it.
People are blaming the vaccines rather than Covid itself.
Right-fully senseless.
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1 hour ago, Rey said:
Its only for the debt funds bought after 1 April 2023 right? Or before too?
It's for every fund with less than 35% exposure to domestic equity, not just debt.
This possibly includes your ETFs as well (they are funds technically) and most likely even if you invest directly via Groww in Invesco Index ETF or Invesco Index fund, they will be impacted as well. Which will bring a double whammy with 20% TCS rules.
This is the reason ceiling for international investments was not being raised.
Will shore up bank deposits quite nicely to buff up their balance sheets and protect against any outflow run.
I still don't think this will make rupee stronger.
And yes, only valid for investments made after 1st April'23.
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1 hour ago, SuperT said:
Does this impact foreign equity funds?
Absolutely.
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24 minutes ago, vinodns said:
Ok then! Carry on as usual. I guess I won't have to share what I know then.
Bye bye!
Bye.
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1 hour ago, vinodns said:
Eyyyyy bro. Long time no see, remember me?
Are we going to blame the government now? Tsk tsk, "You knew the risks."
Still hate me for calling this brutal bear market. Will hate me more if I say the show has just began?
I am really worried with how slowly and painfully the market slid downwards. I am not surprised though. My DP has remained empty since past 16 months when I saw the beginning of interest rates cycle reversing. I knew that the party was over.
I have given a HUGE part of my life to this stock market. My eyes have sunken constantly staring at terminals for a very very long time.
I know things, you know. I will recognise the patterns very very quickly and move very fast. First mover advantage and all that jazz.
Perhaps be nice to me and who knows I might stay for just a bit longer. If I could call a bear market then maybe I also have the ability to call a bull market? Whenever that happens.
I made Birdy the boot polish guy but it was all in fun and chuckles. I intended no offence. I hope you see it too now.
Until later.....
PS: Don't call me names please. I am not the one holding bags at 30-50% drawdown.
No, I don't remember you.
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36 minutes ago, TRMNTR said:
Isn't that the same question I asked you? To rephrase, do you think these increased number of heart related incidents in India are also due to Covishield/Covaxin? Have you come across any findings like that? I'm curious to know but I don't see anyone discuss this in India. Most Indians are (for whatever reason) more focussed on the US.
Do you really expect to get a valid answer in return? ?
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7 minutes ago, Bird Bird Bird said:
Wonder how CC payments be affected (outside of tours) ? What constitutes as a foreign tour ? Does paying with your CC for an international destination flight constitutes as one ? International hotel payment ?
What about simple international payments like Amazon US etc ?
For now CC transactions do not come under LRS, going forward who knows. Govt. is hell bent on reducing any kind of forex outflow.
I think for now they will look for MCC codes specific for tours but direction is explicit, tax every foreign transaction. -
Bill passed.
STT increased on trading.
Govt. asks foreign tours payment via CC to be brought under LRS (TCS at 20%).
India se bahar jane nhi dena hai matlab.
Niklo India se.
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2 hours ago, kaka_messi said:
Don’t know where to ask this so here it goes-
is Apple Music better than Amazon music or Spotify? I already have prime membership so music is free but confused whether should I invest in Apple Music or not.
Spotify is pretty much all you can ask for.
Amazon Music lacks a lot of the smaller and upcoming artists plus their discovery is subpar.
Apple Music does offer higher fidelity audio and that's the main attraction but I hardly think majority of the people can differentiate over BT and current set of BT headphones.
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1 hour ago, Ram Dante said:
You mean the 20% with indexation is going to be removed?
By definition even International funds will be affected, what a sh*t show. Might have to move to International ETFs now.
The Stock Market thread
in General Chatter
Posted
For now, the rule is not valid on all transactions done over UPI. If a merchant is accepting payment via wallets such as Amazon Pay/Paytm wallet via UPI QR code then this fee will be charged i.e. PPI (prepaid payment instruments). This won't be applicable for p2p pr p2m transactions which are done directly via the bank account.
"The fee will not be applicable for person-to-person transactions or person-to-merchant transactions between a bank and the prepaid wallet. This means you don't have to pay any additional fees for using UPI yet"