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 Why does the SEC allow regular people like me and you to invest in stock scams.?
Anyone else think that the stock market should be regulated more. I mean if they allow these fraud companies to become public with no paperwork and then the government turns around and ban internet ...


 My friend wants to open a swiss bank account what is the best solution for him?
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 How can i make money with no risk?
plz hlp ...


 What is a good stock for long term growth?
please explain why you like it.
Additional Details
dredude52, there are always good stocks available no matter if the market is down....


 Is it possible to buy a stock, receive the dividend, and then sell it?
I am thinking that I couuld research stocks that pay high dividend amounts and then purchase the stock, get paid the dividend, and then sell the stock. I know I would risk losing money if the stock ...


 Can Someone explain to me in as simple terms as possible how STOCKS work?
My friend wanted me to invest money in a stock called TIE TECHNOLOGIES (tiet.pk)

I don't understand how to track stock growth.

If you invest $500 into a stock like this (...


 What Can I invest on (make a profit) With $4,000?
I won 4K (4 thousand dollars at the casino, i'm scared to spend it, i kno i will waste it on car parts or food or some expensive clothing...
ANy way I can invest (AND I DONT MEAN PUT IT INTH...


 What are the odds me winning a large prize on the premium bonds, holding 10,000?.?
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 What is the best method of investment ?
one that warren buffet and other rich investors have used to reach the top

pliz help....!!!...


 Looking to invest lump sum in stock market, but it now the worst time?
I just hate the idea of buying high. Granted, this is for a long term investment (20 years) but I would hate to buy in at the current highs and have to wait 15 years for any substantial gains.
<...


 Should I contribute pre- or after-tax dollars to my 401K Plan?
I am 28yo earning $45K and investing 6% of my gross income to a company-matching 401K Plan. I signed up for after-tax contributions thinking that it would be better to pay taxes now vs. ten years ...


 How can I start a new business without capital or no investment at all?
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 I have heard that our economy could go into a recession?
Does that mean i should pull my money from my stocks ( capital world growth and income, Growth fund of america, and Income fund of america)or does it really even matter?...


 4. Why people still invest in Auto industry when it is losing money?
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 Should I try to sell my Fannie Mae and Freddie Mac stock as soon as I can on Monday?
In light of the recent conservatorship by the government, how worthless would the stock be? It says Fannies price is $7.04, while for Freddie it says $5.10. How low is the share price going to go?
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 I'm 18 and would like to know whether a government bond or a company bond would be a wiser investment.?
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 What is the best investment for 2007?
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 How can i use my skills in football to win a lover?
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 In what buisness can i buy or invest in that will give me atleast $50,000 a month?thanks for you opinions?
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 Buying Stocks?
Is now a good time to buy stocks since the market is down?...



Bala Gopalakrishnan
I am a NRI living in US. Can I invest in Indian stock market (Stock or mutual fund) using my NRI bank account?
I live currently in US and I have a ICICI bank rupee NRE checking account. If I invest using my NRI account is my money repartible? As an NRI and Indian citizen can I do day trading? Can I also invest in mutual funds.
                     
 




kishorevathana
ocherian's answer that the income from investing abroad is taxable in the US only when the gains are repatriated is incorrect. IRS would consider this sort of tax return as tax evasion and the tax return would attract severe penalties.

Legally, there are limitations as to how you could trade Indian equities living in the US. Most of the big brokerage houses in India have stated that US investors are out of bounds. This is probably because of some SEC regulation.

Even as a US resident one can invest directly through a mutual fund in India. Ofcourse, the income derived out of the mutual funds is taxable in the US.


praveen
Rating
Yes you can invest in India stock market through Mutual funds ,only requirement is you need to have a NRO account are NRE account ,and you will taxed in India ,but once you take back your profits to US you need to file a return.


phebus
with NRO account and in mutual fund under "growth scheme" you need not pay taxes in India if you invest under Rs 50 000 each time


girlwhoknowsitstrue
You can invest in the Indian Stock money, but any income you make has to be reported in the US and taxes due - you can take the credit on your India taxes.


ocherian
Answer is Yes to all your questions. You can even use money in NRO account to invest in Indian stocks and bonds. As long as you keep all transactions and accounts in India you do not have to pay any taxes in USA. If you use money in a bank in USA to do transactions in India and bring back profits in USA you have to report it in your tax return in USA. If you bring in money from outside and earn interest on it in USA you have pay tax on the interest income.


SWIFT
Sure you can do that. Many private sector bank are offering this service .banks like Citibank, YES BANK, Kotak Bank etc.


i_vhora
Rating
simply yes you can do it.


ulagam
Yes. You may. But you must have a demat account.


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