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What are the requirements for NRI F&O trading?

NRI can trade in equity F&O but within several set of regulatory requirements. Here are some key requirements for NRIs who wish to trade in F&O segment;

  • NRI can trade only using NRO non-PIS account.
  • NRO Bank Account, NRI Demat & Trading account, and NRI custodial account is required.
  • Profits realized by an NRI on trading in F&O is non-repatriable.
  • NRI Derivative trades are taxed at 30% TDS.
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