Toronto Stock Exchange · Healthcare
Invest in Custom Health stock from India
Indian and foreign residents can buy Custom Health (CHLT) shares directly through Paasa.
By Paasa · Updated
Custom Health at a glance
- Price
- CA$7.98+CA$0.22 (2.84%)
- Market cap
- CA$208.68M
- Day range
- CA$7.86 – CA$8.00
- P/E
- —
- Dividend yield
- None
- Volume
- 4.70K
How to invest in Custom Health 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 CHLT and buy
Find Custom Health by name or by its ticker, CHLT, and place your order.
Why invest in Custom Health from India
What Custom Health does
Custom Health Holdings Inc., an AI-enabled healthcare technology company that operates an infrastructure platform designed to ensure medication therapy works as intended. The company connects in-home technology, pharmacy, and pharmacist-led clinicians to create continuous visibility into a patient's therapy. Custom Health operates in the Medical - Healthcare Information Services industry within the Healthcare 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 Custom Health stock from India?
Yes. Indian residents and NRIs can buy Custom Health (CHLT) shares directly through Paasa. Custom Health is listed on the Toronto Stock Exchange, in the Medical - Healthcare Information 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 Custom Health dividends taxed for Indian investors?
Custom Health trades on the Toronto Stock Exchange but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of Canada. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Custom Health 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.