Singapore Exchange · Basic Materials
Invest in Malaysia Smelting Corp. Bhd stock from India
Indian and foreign residents can buy Malaysia Smelting Corp. Bhd (NPW) shares directly through Paasa.
By Paasa · Updated
Malaysia Smelting Corp. Bhd at a glance
- Price
- S$0.48+S$0.00 (0.00%)
- Market cap
- S$403.20M
- Day range
- S$0.48 – S$0.48
- P/E
- —
- Dividend yield
- —
- Volume
- 2.40K
- 1 month
- -5.88%
- 6 months
- -25.00%
- YTD
- -5.88%
- 1 year
- +11.63%
- 5 years
- +6.67%
How to invest in Malaysia Smelting Corp. Bhd 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 SGD when you buy.
Step 3
Search NPW and buy
Find Malaysia Smelting Corp. Bhd by name or by its ticker, NPW, and place your order.
Why invest in Malaysia Smelting Corp. Bhd from India
What Malaysia Smelting Corp. Bhd does
Malaysia Smelting Corp. Bhd. is an investment holding company, which engages in the production of in metal and tin based products. It operates through the following segments: Tin Smelting, Tin Mining, and Others. Malaysia Smelting Corp. Bhd operates in the Industrial Materials 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 Malaysia Smelting Corp. Bhd stock from India?
Yes. Indian residents and NRIs can buy Malaysia Smelting Corp. Bhd (NPW) shares directly through Paasa. Malaysia Smelting Corp. Bhd is listed on the Singapore Exchange, in the Industrial Materials 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 Malaysia Smelting Corp. Bhd dividends taxed for Indian investors?
Malaysia Smelting Corp. Bhd 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 Malaysia Smelting Corp. Bhd 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.