Toronto Stock Exchange · Energy
Invest in IsoEnergy stock from India
Indian and foreign residents can buy IsoEnergy (ISO) shares directly through Paasa.
By Paasa · Updated
IsoEnergy at a glance
- Price
- CA$13.14-CA$0.09 (0.68%)
- Market cap
- CA$857.47M
- Day range
- CA$13.01 – CA$13.64
- P/E
- —
- Dividend yield
- None
- Volume
- 40.64K
- 1 month
- -15.72%
- 6 months
- -6.14%
- YTD
- +5.20%
- 1 year
- -5.67%
- 5 years
- —
How to invest in IsoEnergy 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 ISO and buy
Find IsoEnergy by name or by its ticker, ISO, and place your order.
Why invest in IsoEnergy from India
What IsoEnergy does
IsoEnergy Ltd. engages in the acquisition, exploration, and development of mineral properties. The company explores for uranium, copper, rare earth, and gold deposits. IsoEnergy operates in the Uranium industry within the Energy 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 IsoEnergy stock from India?
Yes. Indian residents and NRIs can buy IsoEnergy (ISO) shares directly through Paasa. IsoEnergy is listed on the Toronto Stock Exchange, in the Uranium 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 IsoEnergy 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.