Tokyo Stock Exchange · Industrials
Invest in Terra Drone stock from India
Indian and foreign residents can buy Terra Drone (278A) shares directly through Paasa.
By Paasa · Updated
Terra Drone at a glance
- Price
- ¥9,800.00+¥20.00 (0.20%)
- Market cap
- ¥201.08B
- Day range
- ¥9,800.00 – ¥10,050.00
- P/E
- —
- Dividend yield
- None
- Volume
- 934.50K
- 1 month
- -9.34%
- 6 months
- +412.42%
- YTD
- +841.40%
- 1 year
- +483.33%
- 5 years
- —
How to invest in Terra Drone 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 JPY when you buy.
Step 3
Search 278A and buy
Find Terra Drone by name or by its ticker, 278A, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.
Why invest in Terra Drone from India
What Terra Drone does
Terra Drone Corporation, together with its subsidiaries, engages in the provision of industrial drone solutions. It operates through two segments, Aircraft Solutions and Aircraft Management. Terra Drone 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.
Here's what inheritance rules in Japan mean for your Terra Drone shares.
Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.
Frequently asked questions
Can I buy Terra Drone stock from India?
Yes. Indian residents and NRIs can buy Terra Drone (278A) shares directly through Paasa. Terra Drone is listed on the Tokyo Stock 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.
Do I need to buy a full Terra Drone share?
Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥9,800.00 a share, size the order by the lot, not by the share.
How are Terra Drone dividends taxed for Indian investors?
Terra Drone does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Terra Drone shares?
Japan generally does not levy capital gains tax on non-resident individual investors. 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 JPY/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.
What happens to my Terra Drone shares if I pass away?
Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. The rule looks at everything you hold there, not at Terra Drone alone.