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NRI FAQs
11 May 2022
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Can NRIs do intraday trading?

Yes, NRIs can now do intraday trading in Equity as well as Futures & Options segment through their NRO NON PIS Trading & DEMAT account with ProStocks Please note: NRIs can only do Equity delivery based trading/investing through NRE PIS Trading & DEMAT account.

Withholding Tax:

Equity Intraday and Futures & Options trades attract 30% tax rate (effective rate 31.2% with Education Cess)

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