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Tuesday, March 07, 2006

Thank You SEBI

Retail Quota Not Abolished

My report on Retail Quota In IPO seems to have worked. I am very grateful to SEBI for retaining Retail Quota and making PAN mandatory for every Demat Account holder.

I hope SEBI will also listen to my request of making minimum allotment size to 50 shares.

For those, who fear Income Tax and for that matter PAN. There is nothing to worry about if you are doing nothing wrong. Simply apply for PAN card and if you are not earning more than you can always file NIL returns.



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