Can NRIs Do Trading in the Indian Stock Market?

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If you're an NRI managing investments in India, understanding option trading eligibility, mutual fund transfers, and tax implications on past property sales is crucial. In this video, I answer three of the most commonly asked questions to help you make informed financial decisions.

Topics Covered:
- Can NRIs do option trading with monthly expiry?
- What happens to your existing mutual funds after converting to an NRI account? How to transfer MF units to an NRI account?
- You sold your property in 2022 without TDS deduction. What should you do now?

Key Takeaways:
- NRIs can trade in options with monthly expiry, but only through an NRO-Non PIS account, subject to SEBI regulations. Short-selling and intraday equity trading are not allowed.
- Existing mutual funds need to be redesignated under NRI status. Updating KYC, linking an NRE/NRO account, and submitting change requests to AMCs are necessary.
- If you missed a TDS deduction on a past property sale, you must file an ITR, pay applicable capital gains tax with interest, and possibly use voluntary compliance options.

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Disclaimer: This video is for educational purposes only and does not constitute financial or legal advice. Please consult with a professional advisor for your specific situation.

Видео Can NRIs Do Trading in the Indian Stock Market? канала Alok Dubey, CFP®