capital gains/loss-FIFO basis-software similar to "SIMPLY TRACK"

I find the software "Simply Track" very handy in ascertaining periodically the capital gain/loss of trades and also in working out the annual tax returns. It provides for the data to be downloaded direct from stock-exchanges & brokers, or alternatively,to be imported from Excel files. But, unfortunately it is geared to the stock exchanges of USA & tax requirements of that country. I would be grateful if our members can suggest to me any equivalent software tuned to Indian conditions. TIA

hi pcfancy,

u can Download the indian version from here........


http://www.idbipaisabuilder.in/pdf1.asp?file=download/Equity_Calc1.exe



Chintan

One of the problems with Indian Online Brokers is that they don't provide an API to access transactions made by their customers unlike some of the Brokers in USA like OptionsXpress etc.

However, I've been using a Free Software for Technical Analysis, Fundamental Analysis and Portfolio Management for NSE & BSE called Investar Basic 2007. They've got a pretty good Portfolio Manager which allows you to select lots based on different criteria (FIFO,Max Gain, Min Gain etc). They've also recently added a feature to do a direct Drag & Drop import from ICICIDirect.com and as per their Tech Support planning to add more brokers based on customer requests. Check out the Demo Videos on their site (www.investarindia.com) and see if it is suitable for your needs.

Hi Invesguru,

Thanks for this nice lead. Have you used the ICICIDIRECT drag and drop function ? How good is that ?

Have you tested it for integrity and safety of data ? How do we ensure that it is secure ?

Regards

Yes, I've used it and liked it. That's why I recommended it.

In the drag-and-drop process there is nothing they do that can be a cause of worry in terms of security. This is because, you log on to your ICICIDirect.com site using either the in-built IE browser control (or an external IE Browser Application) and then simply drag-and-drop the transactions into the Trading Diary (ie Transaction Register of Portfolio). So, you don't really need to worry about anything as long as you trust the security of the IE Browser. I don't use Firefox anyway because ICICIDirect.com doesn't work that well with it.

Thanks, Invesguru. Makes sense.

Regards