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Singapore Exchange · Industrials

Invest in JEP stock from India

Indian and foreign residents can buy JEP (1J4) shares directly through Paasa.

By Paasa · Updated

JEP at a glance

Price
S$0.49+S$0.02 (3.19%)
Market cap
S$200.32M
Day range
S$0.48 – S$0.49
P/E
—
Dividend yield
None
Volume
11.30K
1 month
-4.90%
6 months
-5.83%
YTD
+79.63%
1 year
+94.00%
5 years
+102.08%

Live chart and statistics

How to invest in JEP 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 1J4 and buy

    Find JEP by name or by its ticker, 1J4, and place your order.

Why invest in JEP from India

What JEP does

JEP Holdings Ltd., an investment holding company, engages in precision machining and engineering services in Singapore, the People's Republic of China, Malaysia, the United States, and Canada, and internationally. It operates through precision machining; trading and other businesses; and equipment manufacturing segments. JEP operates in the Aerospace & Defense industry within the Industrials 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 JEP stock from India?

Yes. Indian residents and NRIs can buy JEP (1J4) shares directly through Paasa. JEP is listed on the Singapore Exchange, in the Aerospace & Defense 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 JEP dividends taxed for Indian investors?

JEP does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell JEP 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.

Would my heirs owe estate tax on JEP shares?

Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.

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