Comment on NRI trading on Indian Stock Exchanges

Saurav commented on 17 Oct 2016, 09:46 AM

Hi Nithin & Venu,

This is a lovely article and the features of Zerodha are impressive. Thank you for providing us with an option of such a wonderful platform.

I am planning to open a Demat account with Zerodha, but before that I would like to know something about connecting my NRE account with it. I read at many places that we can deposit income earned in India (I am assuming this includes dividends) to an NRO account only. So, with an NRE account linked to the Demat, how do we get dividends from the equities we own? Or, are NRIs not eligible for dividends?

Also, are capital gains termed as income and can they be deposited to an NRE account?

I am trying to understand if an NRE account is sufficient (as I am interested in investment in equities only) or do I need to open an NRO account.

Thank you!

Regards,
Saurav

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