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Singapore Exchange · Basic Materials

Invest in Jawala stock from India

Indian and foreign residents can buy Jawala (1J7) shares directly through Paasa.

By Paasa · Updated

Jawala at a glance

Price
S$0.27+S$0.00 (0.00%)
Market cap
S$31.99M
Day range
S$0.27 – S$0.27
P/E
—
Dividend yield
None
Volume
3.00K
1 month
+1.89%
6 months
+170.00%
YTD
+5.88%
1 year
+8.00%
5 years
+116.00%

Live chart and statistics

How to invest in Jawala from India

  1. 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.

  2. 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.

  3. Step 3

    Search 1J7 and buy

    Find Jawala by name or by its ticker, 1J7, and place your order.

Why invest in Jawala from India

What Jawala does

Jawala Inc., a forest resource company, engages in cultivation of industrial tree plantation business in Malaysia. It is involved in the management of forestry resources activities, including planting and extraction of timber. Jawala operates in the Paper, Lumber & Forest Products industry within the Basic Materials 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 Jawala stock from India?

Yes. Indian residents and NRIs can buy Jawala (1J7) shares directly through Paasa. Jawala is listed on the Singapore Exchange, in the Paper, Lumber & Forest Products 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 Jawala dividends taxed for Indian investors?

Jawala trades on the Singapore Exchange but is domiciled in Malaysia, so any withholding on its dividends follows that country's rules rather than those of Singapore. 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 Jawala 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.

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