In the last few weeks, till the time SEBI gave a clarification, the hottest topic of discussion in the market was the SEBI April circular which put restrictions on Non resident Indians and Overseas Corporate Bodies (OCBs) from having beneficial ownership of FPIs. As we are aware, there are 3 categories of FPIs in India.
Make hay while sun shines – Benefits of rupee devaluation for NRI Not with standing the fact that exporters and Non-Resident Indians are the most benefited from the rupee devaluation, many NRIs are reluctant to leverage on this opportunity mainly due to misconceived RBI rules and process in the transaction. Before May 2012, transfer of
Is adding foreign funds to portfolio beneficial? Do you want to invest in global stocks such as Amazon or Facebook and share in the robust growth of these companies? Then the best way is to invest in foreign funds offered by Indian mutual fund houses. Foreign funds invests in firms in other countries other than
Greetings!! We hope you enjoy the recent relaxation made in NRO trades by Tradeplus. We are sure that it would have helped you execute trades in a simplified manner and opened up more opportunities beyond imagination. To bring more benefits in practice, we have made a slight modification in our trading platform and this will be effective
We have been bringing to light the various benefits of the relaxation made by RBI for NRO accounts. For the benefit of those who do not know about it, click to read our article explaining the changes with benefits. To continue our effort in bringing the real benefits to NRO based investors, we open up yet another
Unbelievable Yet True !!! This new financial year Tradeplus brings showers of good news to NRIs trading on NRO mode. Yes, the relaxation provided by RBI in its circular issued on February 2015 has brought in slew of opportunities to Non Repatriable based trades. As we first informed in our earlier email, NRO accounts do not need
Dear NRI, PIO, OCI investors, Through the blog post below we endeavor to bring your attention to our ever reliable NRI services. We were one of the very few Stock Brokers in India to provide NRI Trading facility through an Online Trading platform in the year 2000. We are now re-launching our NRI Services through
We are one of the most reliable Depository service providers in India. We recently won the NSDL award for “Star Performer of Year 2013, 2015 and 2016” You can open the following types of NRI Accounts with us: NRE Account NRO Account NRE (Non Resident External) Account: In the NRE account one can repatriate money