FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
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.
While technically you can do it if you do not inform the bank or broker about your change of status, but this is against the law.
The section 6 of the Income Tax Act, 1961 and RBI circular No.8/2013-14 in India clearly define the NRI Status. The financial transactions done by an NRI are reported to the RBI by the bank, broker, Custodian or Mutual Fund AMCs.
As soon as your status changes to an NRI, you should inform the financial organizations you are dealing with in India. They will help you to convert your existing accounts (Demat, Trading, Bank etc.) to the NRI accounts and transfer holdings to the new account.
Note:
Add a public comment...
Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|