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Opening of Demat Account for Trading Securities

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(Querist)
08 December 2023 I am NRI residence from South Africa, Johannesburg presently resident in Maharashtra state, Nagpur city I want to invest and trading in share market in India, Since I am NRI residence Can I open Demat Account for trading purpose in India. Is there any income tax regulations for income source and capital gain implications?
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Aashok Kumar Sharma

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Aashok Kumar Sharma (Expert)
15 January 2024 YES, NRI can open DEMAT/TRADING Account in India
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