Toronto Stock Exchange · Consumer Cyclical
Invest in Solution Financial stock from India
Indian and foreign residents can buy Solution Financial (SFI) shares directly through Paasa.
By Paasa · Updated
Solution Financial at a glance
- Price
- CA$0.27+CA$0.00 (0.00%)
- Market cap
- CA$22.42M
- Day range
- CA$0.27 – CA$0.27
- P/E
- —
- Dividend yield
- —
- Volume
- 10.00K
- 1 month
- +1.89%
- 6 months
- -1.82%
- YTD
- -3.57%
- 1 year
- -1.82%
- 5 years
- -37.21%
How to invest in Solution Financial 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 SFI and buy
Find Solution Financial by name or by its ticker, SFI, and place your order.
Why invest in Solution Financial from India
What Solution Financial does
Solution Financial, Inc. engages in the provision of car leasing and financing services. It focuses on retail sales, leases, and financing for high-end automotive vehicles, boats, and commercial equipment. Solution Financial operates in the Auto - Dealerships industry within the Consumer Cyclical 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 Solution Financial stock from India?
Yes. Indian residents and NRIs can buy Solution Financial (SFI) shares directly through Paasa. Solution Financial is listed on the Toronto Stock Exchange, in the Auto - Dealerships 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 Solution Financial 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.