CDS and Clearing finally ends the misery of WACC calculation; Digital age begins in full fledge

Tue, Oct 15, 2019 11:06 AM on Latest, Stock Market,

The weighted average cost calculation (WACC) for Capital Gains Tax had given quite a headache to everyone in the market. This headache has finally been relieved as CDS and Clearing introduces a new feature in Mero Share software for easy calculation.

CDS and Clearing was on its way to introduce a new version of Mero Share and was gathering feedback from the users before fully launching it. The new version has become live from yesterday (27th Ashwin, 2076).

The new software has a feature that lets you calculate WACC directly from your Mero Share account without having to visit your broker's office. This has eliminated the need of long-criticized thumb impression requirements.

In addition to that, the new Mero Share has improved and added other features to facilitate the investors.