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.
