Find how much brokerage Non-Resident Indian (NRI) customers can save with us
ProStocks Brokerage Rs 15 Per Executed Order |
|
Turnover | 8,40,000.00 |
Brokerage | 40.00 |
STT Total | 110.00 |
Exchange Transaction Charges | 27.30 |
Stamp Duty | 16.80 |
GST | 8.08 |
SEBI Turnover Fees | 1.68 |
Total Brokerage and Charges | 204.10 |
Per Share Breakeven | 0.51 |
Net Profit | 39,795.90 |
Select Your State |
ProStocks Brokerage Rs 15 Per Executed Order |
Turnover | 8,40,000.00 |
Brokerage | 40.00 |
STT Total | 110.00 |
Exchange Transaction Charges | 27.30 |
Stamp Duty | 16.80 |
SEBI Turnover Fees | 1.68 |
GST | 8.08 |
Total Brokerage and Charges | 204.10 |
Per Share Breakeven | 0.51 |
Net Profit | 39,795.90 |
Select Your State |
ProStocks Brokerage Rs 15 Per Executed Order |
Turnover | 8,40,000.00 |
Brokerage | 40.00 |
STT Total | 110.00 |
Exchange Transaction Charges | 27.30 |
Stamp Duty | 16.80 |
SEBI Turnover Fees | 1.68 |
GST | 8.08 |
Total Brokerage and Charges | 204.10 |
Per Share Breakeven | 0.51 |
Net Profit | 39,795.90 |
NRIs can purchase shares or convertible debenture of an Indian Company, invest in Exchange Traded Funds (ETFs) and trade in Futures & Options Segment.
As per the recent circular by RBI, NRIs are now permitted to have access to Exchange Traded Currency Derivatives (ETCD) market in India.
Note: Intra-day trading in cash segment is now allowed to NRIs..
"Detailed guidelines and procedure to hedge currency risk through exchange traded currency derivatives is awaited from BSE and NSE, post amendment in FEMA."
As per the recent circular by RBI Non Resident Indians (NRIs) are now permitted to have access to Exchange Traded Currency Derivatives (ETCD) market in India.
As of now, NRIs are permitted to hedge their Rupee currency risk through OTC transactions with (Authorized Dealer) AD banks. With a view to enable additional hedging products for NRIs to hedge their investments in India, it has been decided to allow them access to the exchange traded currency derivatives market to hedge the currency risk arising out of their investments in India.
NRIs may take positions in the currency futures/exchange traded options market to hedge the currency risk on the market value of their permissible (under FEMA, 1999) Rupee investments in debt and equity and dividend due and balances held in NRE accounts.
"Detailed guidelines and procedure to hedge currency risk through exchange traded currency derivatives is awaited from BSE and NSE, post amendment in FEMA."