Comment on POA - Power of Attorney for your Demat account

Akshay.A commented on 05 May 2017, 05:03 PM

Hi Venkat,
In FATCA, only thing asked are for Tax Residency. The Income proof for derivatives trading(Mandatory to trade F&O) this is in pursuance of SEBI circular no. MIRSD/SE/Cir – 19/2009 dated December 03, 2009, clients are required to share their financial information to the Stockbroker on a periodic basis.You would have received an email about the same as well.

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