NRI
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Is there a double taxation for NRIs for investing in India?
No, if India has signed the avoidance of Double Taxation Avoidance Agreement treaty (DTAA) with t...
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Why don't you allow savings account for an NRI, PIO or a Mariner?
According to FEMA's regulation, it is illegal for NRIs to hold resident savings account in India....
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I am a PIO not residing in India, how do I get my KYC registered and Scripbox account activated?
Once you have created your Scripbox account with Resident status as PIO/OCI resident outside Indi...
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Can non resident individuals invest in mutual funds in India?
Yes. You can invest in mutual funds in India.
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Why can’t US and Canadian residents invest?
Unfortunately, due to regulatory restrictions of those countries, if you are a resident of the US...
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Do I need a Demat account?
No. You do not require a Demat account to invest in mutual funds. Scripbox maintains a record of ...
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Can an NRI use a NRO bank account?
Yes
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Can an NRI use a NRE bank account?
Yes
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What taxes do NRI have to pay?
TDS is applicable for NRI investments in mutual funds. This is currently 31.2% on non-equity mutu...
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I am permanently moving back to India from abroad. Do I need to change my status to a Resident Indian? How do I do so?
If you had previously invested or continue to invest with Scripbox using funds in your NRE or NRO...