Singapore Exchange · Financial Services
PT Bank Central Asia Tbk stock from India: price, numbers and tax
PT Bank Central Asia Tbk (IBKD) is not currently available to trade on Paasa; this guide covers the price, the numbers and the Indian tax treatment.
By Paasa · Updated
PT Bank Central Asia Tbk at a glance
- Price
- S$0.90+S$0.01 (0.56%)
- Market cap
- S$54.97B
- Day range
- S$0.90 – S$0.91
- P/E
- —
- Dividend yield
- —
- Volume
- 800.00
- 1 month
- -2.19%
- 6 months
- -16.36%
- YTD
- -16.36%
- 1 year
- -16.36%
- 5 years
- -16.36%
Why invest in PT Bank Central Asia Tbk from India
What PT Bank Central Asia Tbk does
PT Bank Central Asia Tbk provides commercial banking and other financial services. It operates through the following segments: Loans, Treasury, and Others. PT Bank Central Asia Tbk operates in the Banks industry within the Financial Services 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
How are PT Bank Central Asia Tbk dividends taxed for Indian investors?
PT Bank Central Asia Tbk trades on the Singapore Exchange but is domiciled in Indonesia, so any withholding on its dividends follows that country's rules rather than those of Singapore. What trades there is a depositary receipt over PT Bank Central Asia Tbk shares rather than the ordinary share itself. Dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell PT Bank Central Asia Tbk 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.