I got this email from dhan to update my income range, how will i know my income in advance for current FY? Because my business income is around 5lakhs so i already choosen 1-5lakhs option as income range, now on top of this it is not possible to judge how much will i able to earn from stock market because nobody can predict it . So what should i do , i also have holdings of above 10lakhs in dhan. So which option should i choose? and is it this much important to declare our correct income range?
Hi @devil_trader, You need to update your Income Range as per Net Pay-in done on your trading account in a financial year. If you have added more than 10 lacs, you should update your income range to 10-25 lacs. Also, you can read attached SEBI circular on email for more details.
But how will i know how much income i will earn in advance in next FY?
it is asking income for FY25-26
@PravinJ sir please clarify on this
Hi @devil_trader, As per regulatory guidelines, you are required to update your income details for the financial year 2025–26. You may declare your latest income based on your current financial status or expected income bracket.
If your income slab remains the same as last year, you can select the same.
Also, we would like to discuss this over a call. Can you please reach us at help@dhan.co or DM your registered account details to assist you.