NEW ACCOUNTING APP IN INDIA  

When you want to trade in equity market, you need to have a demat account. Demat account is an account where all the shares purchased by you are accounted in the electronic form. Hence it is mandatory that you need to have demat account in order to trade in stock market. Most of us who don’t invest regularly in stocks, bonds, gold ETFs, IPO, etc may find maintaining our demat 

 accounts a pain because of the charges. The costs, such as annual maintenance and statement charges, make these accounts relatively expensive. But with the introduction of basic service demat account (BSDA) by SEBI (Securities and Exchange Board of India), the annual maintenance charges structure will be on a slab basis.