Hello,
How can a NRI commerce in NSE IFSC? Are there any brokers which gives this facility for NRIs?Are large gamers like Zerodha, ICICI direct and so on planning to facilitate this in future?
Following are the advantages which an NRI can avail whereas buying and selling in NSE IFSC (which is absolutely cool)
No Safety Transaction Tax (STT)
No Capital Achieve (Each Brief time period & Long run)
Buying and selling accessible for nearly 16 hours. Overlaps India and a lot of the different time zones of Asia, Europe & US markets
Lowest buying and selling prices in comparison with different offshore monetary facilities
Settlement assure for all of the trades executed on NSE IFSC
No foreign money threat (transaction and settlement in USD)
supply – https://www1.nseifsc.com/sources/faq-nri
Thanks
Did you handle to discover a dealer but?