In the realm of personal finance and investments, it is essential to keep track of one’s financial activities, and maintain a clear overview of transactions made throughout the year. The Annual Global Transaction Statement (AGTS) report emerges as a valuable tool in achieving these goals.
The AGTS report is a comprehensive document provided by SAMCO that summarizes an individual’s transactions done via your demat account and financial products over the course of a year. It includes details of Security/Commodity Description, Purchase Quantity, value, and any other relevant activities.
This report serves as a consolidated record of all transactions, enabling you to assess your overall transaction, track investment performance, and identify patterns or trends in their investment behavior. It provides a bird’s-eye view of all account activities, making it easier to analyze and plan future financial strategies.
Furthermore, the AGTS report plays a vital role in tax planning and preparation.
Know let’s understand how to read the AGTS report.
How to Read it?
Statement Period: This is the time period covered by the AGTS report. It is a consolidated report for the entire financial year.
Security/Commodity Description: This column lists the securities and commodities that you traded and invested in during the financial year. It also includes information such as brokerage and stamp duty charges.
Exchange: This column indicates the exchange where the trades were executed. The two exchanges in India are the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Segment: This column indicates the segment of the market where the trades took place. The two broad segments are equity and derivatives.
Purchase Quantity: This column shows the number of units of securities or commodities that you purchased during the financial year.
Purchase Value: This column shows the total amount for the securities or commodities that you purchased. This includes the purchase price, brokerage, and other expenses.
Sale Quantity: This column shows the number of units of securities or commodities that you sold during the financial year.
Sale Value: This column shows the total amount for the securities or commodities that you sold. This includes the sale price, brokerage, and other expenses.
This Annual Global Transaction Statement (AGTS) is being sent to you in compliance with a letter from the Securities and Exchange Board of India (SEBI) dated November 27, 2017.
In conclusion, the Annual Global Transaction Statement (AGTS) report is a powerful tool that consolidates an individual’s trading activities, offering a comprehensive view of transactions and aiding in financial analysis, planning, and tax preparation.
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