Can government employees invest in the stock market?
Автор: Finance Boosan
Загружено: 2023-10-11
Просмотров: 69886
Описание:
Can government employees invest in the stock market? Yes, they can, but they should focus on long-term investments, not short-term trading. They can buy stocks and invest in options like mutual funds for extended periods. Short-term trading is not allowed, and government employees cannot trade on behalf of themselves or their relatives.
According to the government's rules, government employees need to report their investment transactions, including the total value of shares, securities, debentures, and mutual funds if it exceeds their six months' basic pay in a financial year. You can refer to the Government Order here: https://documents.doptcirculars.nic.i...
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