| NRI Service : |
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Welcome to the Systematix exclusive information kiosk for Non Resident Indians.
You will find here complete information on investment opportunities, special schemes available for NRIs,
tax issues and snippets of news around the world of NRIs.
Systematix provides Non Resident Indian (NRI) clients with a package of services designed to create a
constructive, creative and hassle free investment experience in India. The company provides services to its
NRI investor clients with special attention to the administrative and legal obligations they are required
to be met. NRIs can invest in both Primary Market and Secondary Market through Systematix and in a wide
range of services such as Mutual Funds, IPOs, Equity, Derivatives, etc.
Systematix gives its NRI clients access to tools that professionals use for trading in Capital Markets. It
provides an Offline and Online Trading platform that enables NRIs to transact paperless trading in Equity. We
have tied up with various banks to enable NRIs effect seamless Banking transactions.
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| We offer a bouquet of products and services for NRIs : |
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- NRI services desk for personalized assistance
- Dedicated offline equity dealing desks
- Online equity trading platforms
- Support for banking – PIS account
- Depository services
- Back office access 24 X 7
- Portfolio Management Services desk
- IPO and Mutual funds investments
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| Benefits of an NRI Account With Systematix |
- Single location for Investments and Demat
- Linked Bank Account with AXIS Bank
- Research Reports for every asset class
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Trading platforms for every need :
Web-based trading Platform for Online Investors
Desktop trading terminal for active traders
- Trade online on NSE and BSE.
- Secured transactionsusing 128 bit Encryption
- Order & Trade confirmations by e-mail and online portfolio
- Invest in Mutual funds
- Seamless transactions and Paper free trading.
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| NRI TAXATION |
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| Sr. No. |
Purticulars |
Long Term |
Short Term |
Deducted by whom |
Example |
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(With Indexation) |
(Without Indexation) |
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| 1. |
Shares in companies (Listed on stock Exchange and STT paid on buy and sell both) |
Nil |
Nil |
15 |
Authorised Dealer (ie PIS holder Bank) |
Equity |
| 2. |
Unit of equity oriented mutual fund |
Nil |
Nil |
15 |
Mutual Fund |
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| 3. |
Security Listed on stock Exchange (Except point 1) |
20 |
10 |
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Mutual Fund |
Open offer, Buy -Back,Split,Right,Bonus,ETF, |
| 4. |
Debt Oriented Mutual Fund Shares Not listed |
20 |
20 |
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1. There would be a surcharge of 10% if Total income exceeds Rs. 10,00,000.
2. 3% of Income tax + Surcharge other levies would also be there irrespective of any amount of income.
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| NOTE : Online trading in India not applicable for NRIs in USA |