XETRA · Industrials
Invest in tk accelis GmbH stock from India
Indian and foreign residents can buy tk accelis GmbH (TKCC) shares directly through Paasa.
By Paasa · Updated
tk accelis GmbH at a glance
- Price
- €25.90-€0.98 (3.65%)
- Market cap
- €1.65B
- Day range
- €25.64 – €26.84
- P/E
- —
- Dividend yield
- None
- Volume
- 401.21K
How to invest in tk accelis GmbH 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 EUR when you buy.
Step 3
Search TKCC and buy
Find tk accelis GmbH by name or by its ticker, TKCC, and place your order.
Why invest in tk accelis GmbH from India
What tk accelis GmbH does
tk Accelis Group AG & Co. KGaA engages in the provision of engineering solutions. The company is headquartered in Essen, Germany. tk accelis GmbH operates in the Airlines, Airports & Air Services 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 tk accelis GmbH stock from India?
Yes. Indian residents and NRIs can buy tk accelis GmbH (TKCC) shares directly through Paasa. tk accelis GmbH is listed on XETRA, in the Airlines, Airports & Air 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.
What tax do I pay in India when I sell tk accelis GmbH 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 EUR/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.