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What are the regulations for NRI Trading in India?

  • Intraday trade is not allowed to NRIs.
  • All contract notes of buy and sell transaction have to be reported to the PIS banker by your Broker.
  • Every sell transaction will be credited to the client's bank account net of Tax. Hence, for every sell transaction capital gains will be calculated by the CA.
  • Long term capital gain tax and short term capital gain tax to be taken care by the investor.
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