Investing abroad in Stocks from India
This query is : Resolved
27 November 2010
Hi,
I am an Indian resident and interested in stock trading overseas - most likely NYSE and NASDAQ.
Please advise what regulations and norms would be applicable.
Do I need to open a Bank account abroad?
Are there any major risks in remitting money abroad?
Your advise would be greatly appreciated.
Thanks,
Kapil
I am an Indian resident and interested in stock trading overseas - most likely NYSE and NASDAQ.
Please advise what regulations and norms would be applicable.
Do I need to open a Bank account abroad?
Are there any major risks in remitting money abroad?
Your advise would be greatly appreciated.
Thanks,
Kapil
30 December 2010
ICICI bank is providing the facility for resident indians for overseas trading. Just have a meeting with their officials they will resolve all your queries.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Under construction property in ITR
- Booth for sales promotion
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- New Garden in Place of Old Garden
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
