Angel Broking Account Opening Guide

Angel Broking Limited is one of the biggest and largest independent full-service broking houses in India. Moreover, it provides accurate and widespread data for each and every online share trader. Angel broking is a home for an independent database that covers the Indian online brokerage industry. They have experience of over two decades with an abundance of knowledge and expertise in the broking Industry. With great and high technology platforms that make the process hassle-free for their retail clients.

Angel Broking is a trading platform, which is seamless and safe for clients to use. Additionally, the trading platform helps to track online investment and provides expert research for traders who use technical analysis.

What is a Demat Account?
A Demat account is short for a “dematerialized account” which means stocks, bonds, shares are stored in electronic form rather than in physical or material form. Moreover, a Demat account can hold securities like:

IPOs
ETFs
Stocks
Shares
E-gold
Non-Convertible Debentures
Government Securities
Mutual funds that are traded on the Stock exchange
Bonds
Benefits of a Demat Account
There are various benefits of using a Demat Account those are:

Traders can make any transaction happen at their convenience which is time-saving and convenient.
There is no risk of delays, forgery, theft, damage of the shares as they are no held in physical form and stored in electronic form.
There is no paperwork needed to register any transaction.
The single integrated platform where you hold both debt and equity.
The multiple communications are eliminated as the stakeholders are notified after every transaction.
Cost reduction as the cost of stamp duty is not present due to the holding of shares in electronic form.
How to Open A Demat Account (Online & Offline) with Angel broking
To avail all the benefits of a Demat account you need to open a Demat account by following these steps. The steps mentioned are for opening a Demat account in offline mode:

Step 1: Select A DP (Depository Participant)- You should first compare different benefits provided by different DPs and select the best one which is most suitable.
Step 2: Fill Application Form- Now after selecting a DP you need to fill up the application form for opening a new Demat account. You need to submit certain documents for KYC (Know Your Customer) those are:
Identity Proof
PAN Card
Address Proof
Bank Details
Personal details
Step 3: Verification Process- A list of certain rules will be provided to you that you need to follow. These rules will ensure that you do ethical and legal trading also these regulations will clear your doubts. The several functions of the Demat account will be mentioned in the list mentioned. Now DP will organize an in-person verification of your KYC documents and you. Payment of the fees is necessary which depends on your DP.
Step 4: Final Approval- After the in-person verification is completed the other final formalities will be completed and your brand new Demat account will be opened. You will receive a UID for your account.
The steps mentioned are for opening a Demat account in online mode:

Step 1: Visit the official website of Angel broking
Step 2: Fill out the form with details that are asked like your name, number, city, etc. Additionally, an OTP will be provided to you on your registered number.
Step 3: Enter the OTP in order to get the next form. In the next form, you have to fill out the form with details like
PAN card details,
contact details,
DOB, and
Bank details.
Step 4: Congratulations! Your account is now open. On your email and mobile, you will receive details of your Demat account.
KYC Documents
When you open an account with Angel broking you will need one proof of identity and one proof of address from the list given below:

Proof of identity

IT Returns
Passport
Voter’s ID
Divers’ license
ICAI, ICSI, ICWAI, etc issued id with photo
Phone Bill
Electricity bill
PAN Card
Photo ID provided by state or central government body
Proof of Address

Bank Passbook/statement
Passport
Voter’s ID
Ration Card
Leave License agreement
ICAI, ICSI, ICWAI, etc issued id with photo
Phone Bill
Electricity bill
Photo ID provided by state or central government body

How to Open a Trading Account with Angel Broking?
Here are some easy steps to open a Trading Account with Angel Broking:

Compare the services and brokerage rates then choose the best out of them for opening a trading account
Select the best one that suits your needs
Fill the form with necessary KYC documents
After the verification, you will receive your trading account details
Now you can trade happily and easily.
Using Demat and Trading accounts for trading
When Investor wants to Buy: With the help of your trading account you can place buy orders. The order will get processed and the shares you placed the order to buy will be credited into your Demat account.
When Investor wants to Sell: You can sell any shares of any quantity from your trading account and it will reflect the debit entry in your Demat account.
The trading takes place both online and on-call whichever you prefer. It is advisable to link both the accounts that are Demat and trading account. Additionally, keep both accounts under the same firm to avoid bringing additional stakeholders.
Conclusion
To sum it all up you need to pay attention to each of the steps while you start the process of opening an account with Angel Broking. You should open both Demat and Trading Account with Angel Broking which will be better than having accounts with different firms. Moreover, you need to link your Demat and trading account for easy flow of the process. You need to check the charges that they levy on their website and update your correct data. It is a great practice if you add a nominee that will remove many hassles of the future. In the end, open your account and enjoy the perks provided by Angel Broking.

What Your Family Should do if You Have an IRS Tax Lien

Having a tax lien on your property or bank account can be a scary situation. It’s quite normal for you to want to do something about it. These are some things you can do about a tax lien if you’ve been notified that the IRS has placed one on you:

1. Contact the IRS
Don’t let thetax lien notification scare you. You must take action as soon as possible if you want to resolve the issue. The first thing you need to do as soon as you know you have a lien on your property is to contact the IRS. The IRS has the right to release the lien if you pay your tax obligation in full. If you’re unable to do that, you can still request that the IRS release your lien. You will need to file paperwork with the IRS that explains that the lien puts an undue hardship on you and your family members.

It may be easier to get a break from the IRS at this time because of the pandemic situation. The pandemic itself has put a hardship on everyone’s life it has touched. Therefore, you can request that the IRS be lenient on you because of the pandemic’s effect on you and your family. A hardship may also be described as a recent job loss, a new family member’s birth, a divorce or an illness. The IRS may be willing to accept your circumstances as hardships if you can prove them.

The IRS will review the lien that it has on your wages, bank account or property. They will provide you with a decision. You are allowed to file an appeal if the IRS decides to deny your release request.

2. Contact a Company That Can Help
You may also want to try enlisting the help of a third-party company. Such a company can contact the IRS for you and help you get an IRS tax lien removal. They have a number of strategies they can use to do so. One thing they can do is complete all the forms necessary regarding the levy. This type of organization can also negotiate with the IRS about your tax lien removal.

A helpful tax lien company may be able to get the IRS to withdraw your tax lien notice. Certain situations must apply before you can receive a withdrawal. One such situation is that you must be current on all of your tax obligations for the past three years in filing your returns. You must also be current on your estimated tax payments. Professionals know which forms they need to file, and they also know how to speak the IRS’s language. It may be in your best interest to hire such professionals if you think you will have a problem talking to the IRS agents. It can be a frustrating task, and it might be more suitable for someone else to handle.

3. Enter an Installment Agreement
You may also be able to enter an installment agreement with the IRS. By the time the IRS issues a lien, a taxpayer usually has ignored several messages. However, it’s still worth trying to contact the IRS to see if they will accept a certain amount of money each month and a down payment. They may then release the lien if the installment agreement doesn’t allow the lien to continue. It would be best for you to agree to sign up for the installment agreement with a debit card that the IRS can charge faithfully every month. That will increase your chances of having the lien removed.

The IRS only wants to ensure that they are going to receive the money owed to them. Entering into an installment agreement will ease their minds about the funds. As long as you stick to your payment arrangement, you should not be in jeopardy of losing any of your assets. You have to ensure that you do not miss any payments, however.

Take Care of Your Tax Lien Now
Now you know some of the ways you can handle your tax lien. We suggest that you start taking care of this issue immediately to avoid the loss of your property. You still have time to resolve it.

Top 4 AWS to Create a Cloud Computing Platform For Your Business

The AWS cloud computing has revolutionized the IT industry completely. The outstanding services offered by AWS not only makes cloud computing more efficient but it also saves a lot of time and resources. Because of its ability to provide robust cloud architect, AWS (Amazon Web Services) is fast becoming the first choice for startups.

AWS is the pioneer in the cloud computing services industry and over 32% of the total cloud computing market share belongs to AWS.

Many popular companies worldwide are using AWS to satisfy their business needs, such as NASA, CocaCola, BBC, NetFlix, SoundCloud, etc. There are a number of AWS available in the market and choosing the right AWS option has become quite difficult for the businesses. Here, we’ll discuss some of the most effective AWS that you can use for your business or startup based on your cloud computing requirements.

4 Best AWS to Create Powerful Cloud Computing Platform

Elastic Beanstalk
There are a number of functionalities and features that Elastic Beanstalk offers which are required by you for web application management and deploying. While using AWS, one has to assimilate different services for different features. At times, selecting any AWS becomes really hard and rather than focusing on the product’s improvement, you end up spending most of the time in system management. Elastic Beanstalk makes the entire process of app management and deployment more easy and convenient.

AWS Auto Scaling
The AWS Auto Scaling monitor the application and alter the capacity of computation resources automatically in order to enhance its performance. It’s an open-source service where one can monitor and scale resources in one interface without the need to navigate to other consoles. AWS Auto Scaling regulates the computation resources for improved performance.

AWS CloudFront
This is a content delivery network fast delivery of the dynamic as well as static web content, such as applications, images, APIs, and videos. Such content can be delivered via its international Point of Presence network known as edge locations. Whenever someone sends a request for content, it gets sent from the nearest edge location so as to reduce the delivery time. In case the content is not cached, the CloudFront fetches the data from the sources and catches the content in edge location.

Elastic Load Balancing
If your application or website has to deal with millions of simultaneous requests, it indicates that you require Auto Scaling of your servers so as to gain more requests. Although, if the traffic isn’t distributed analytically on all the servers, then adding servers might not help. You need a middle service to monitor the servers, determine the request, and route the request to the most appropriate server. It distributes the incoming traffic all across the various targets, such as IP addresses, containers, and Amazon EC2 instances. Elastic Load Balancing routes the users’ requests to the different targets analyzing their availability and capability thus, enhancing the performance and speed.

In The End

Here we have discussed some of the best AWS to build cloud platforms. Any of these can be used by individuals or companies to build robust cloud architecture. Hope the information shared by us would help you to select the best AWS to satisfy your cloud computing needs.