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Indian Market, Regulation & Taxation

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Indian Market, Regulation & Taxation

PAN

The Permanent Account Number, a ten-character identifier issued by the income tax department and mandatory for securities transactions.

Test: the ten-character alphanumeric identifier is quoted and linked for every securities market transaction and tax filing qualitative Indian Market, Regulation & Taxation

Pump and Dump

A manipulation in which operators inflate a security's price through false or misleading promotion, then sell into the demand they created.

Test: coordinated promotion raises price and volume in a low-float security, followed by concentrated selling by the promoters of that message qualitative