OCI - Investment Options?
Question:
what are the options i have with respect to opening a bank account, opening an fd account and opening a demat for trading stocks/mutual funds. how will the tax treatment work.
thanks a lot
a
Answer:
Any plain recommendations without going into the details of your case specific could be suicidal for you. If you are serious about the whole issue, seek professional services which can customise a set-up for you which is law compliant and practical too.
first find out if you can trade indian stocks sitting in place like canada. Because i know i was told sometime, it is illegal to buy/sell indian stocks, in indian market when u stay in US. but also i know it is legal, when done from UK. so do refer for that and try opening a NRI account.
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