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Singapore Exchange · Financial Services

Invest in Joyas International stock from India

Indian and foreign residents can buy Joyas International (E9L) shares directly through Paasa.

By Paasa · Updated

Joyas International at a glance

Price
S$0.00+S$0.00 (0.00%)
Market cap
S$6.64M
Day range
S$0.00 – S$0.00
P/E
—
Dividend yield
None
Volume
44.10K
1 month
+50.00%
6 months
+0.00%
YTD
+50.00%
1 year
+50.00%
5 years
+0.00%

Live chart and statistics

How to invest in Joyas International 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 E9L and buy

    Find Joyas International by name or by its ticker, E9L, and place your order.

Why invest in Joyas International from India

What Joyas International does

Joyas International Holdings Limited, an investment holding company, primarily engages in financing and related business in the People's Republic of China. The company was incorporated in 2006 and is based in Causeway Bay, Hong Kong. Joyas International operates in the Financial - Credit Services industry within the Financial 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 Joyas International stock from India?

Yes. Indian residents and NRIs can buy Joyas International (E9L) shares directly through Paasa. Joyas International is listed on the Singapore Exchange, in the Financial - Credit 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 Joyas International dividends taxed for Indian investors?

Joyas International trades on the Singapore Exchange but is domiciled in Hong Kong SAR China, 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 Joyas International 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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