Toronto Stock Exchange · Communication Services
Invest in Corus Entertainment stock from India
Indian and foreign residents can buy Corus Entertainment (CORS) shares directly through Paasa.
By Paasa · Updated
Corus Entertainment at a glance
- Price
- CA$0.95-CA$0.01 (1.04%)
- Market cap
- CA$372.56K
- Day range
- CA$0.95 – CA$0.98
- P/E
- —
- Dividend yield
- None
- Volume
- 24.65K
- 1 month
- -93.67%
- 6 months
- -95.25%
- YTD
- -95.25%
- 1 year
- -95.25%
- 5 years
- -99.97%
How to invest in Corus Entertainment 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 CAD when you buy.
Step 3
Search CORS and buy
Find Corus Entertainment by name or by its ticker, CORS, and place your order.
Why invest in Corus Entertainment from India
What Corus Entertainment does
Corus Entertainment Holdings Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates through three segments: Television, Radio and Content Production. Corus Entertainment operates in the Broadcasting industry within the Communication 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
Can I buy Corus Entertainment stock from India?
Yes. Indian residents and NRIs can buy Corus Entertainment (CORS) shares directly through Paasa. Corus Entertainment is listed on the Toronto Stock Exchange, in the Broadcasting industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell Corus Entertainment shares?
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 CAD/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.