GigglyJellybean
GigglyJellybean

Can someone tell me how tax is affected for having 2 demat accounts and what are disadvantages of having 2 demat accounts

13mo ago
FluffyCupcake
FluffyCupcake
Amazon13mo

No impact, linked to the same PAN. So govt know how much money u making braaah! 💰

(Background- Paisa hai toh badi badi baatein hai ..)

GigglyJellybean
GigglyJellybean
TCS13mo

Thank u for info, can u tell me which app would be better besides grow app to create another demat

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Personal Finance
by DerpyLlamaFlipkart

Multiple demat accounts from same PAN

For exploring different investment apps, every app asks to create a new demat account. So is it advisable to create multiple accounts under the same PAN? Any issues in future that I might face?

Any way to use groww demat account in zer...