Portfolio Investment Scheme

NRI investing in Indian stocks? Know about TDS on capital gains

November 4, 2024 by djsaavn_jvd36z

I have been a non-resident Indian (NRI) for many years and have invested in Indian stocks using income earned abroad, deposited in my NRE account. In FY25, I sold some shares and made capital gains, but my AD (authorized dealer) banker deducted TDS on the gains. I thought income from NRE accounts was exempt from … Read more

SEBI mulls boosting NRI/ OCI participation in IFSC-based FPIs. Details here

June 10, 2024 by djsaavn_jvd36z

The current FPI regulations issued by SEBI states that NRIs or OCIs or RIs may be constituents of the FPI, however, the contribution of a single NRI or OCI or RI shall be below 25% of the total contribution in the corpus of the FPI and the aggregate contribution of NRIs, OCIs and RIs shall … Read more