Opening of Demat Account for Trading Securities
This query is : Resolved
Sanket Bawankar
(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?
15 January 2024
YES, NRI can open DEMAT/TRADING Account in India
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