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How NRIs trading in India can remit Sale proceeds?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

If the stocks sold were held on repatriation basis, the sale proceeds, after deduction of taxes, will be credited to his NRE /FCNR(B)/NRO accounts whereas sale proceeds of stocks held in the non-repatriable basis are credited only to NRO accounts.



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