Singapore Exchange · Real Estate
Invest in Assembly Place stock from India
Indian and foreign residents can buy Assembly Place (TAP) shares directly through Paasa.
By Paasa · Updated
Assembly Place at a glance
- Price
- S$0.19-S$0.01 (4.52%)
- Market cap
- S$73.08M
- Day range
- S$0.19 – S$0.19
- P/E
- —
- Dividend yield
- None
- Volume
- 300.00
How to invest in Assembly Place from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search TAP and buy
Find Assembly Place by name or by its ticker, TAP, and place your order.
Why invest in Assembly Place from India
What Assembly Place does
Assembly Place Holdings Ltd. is a community living operator. The firm’s living sectors include Residential Co-living, Hotels & Serviced Apartments, Students’ Accommodation, Foreign Healthcare Professionals’ Accommodation and Inter-generational Living. Assembly Place operates in the Real Estate - Services industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Assembly Place stock from India?
Yes. Indian residents and NRIs can buy Assembly Place (TAP) shares directly through Paasa. Assembly Place is listed on the Singapore Exchange, in the Real Estate - Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Assembly Place dividends taxed for Indian investors?
Assembly Place does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Assembly Place shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Assembly Place shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.