Singapore Exchange · Healthcare
Invest in Top Glove Corp. Bhd stock from India
Indian and foreign residents can buy Top Glove Corp. Bhd (BVA) shares directly through Paasa.
By Paasa · Updated
Top Glove Corp. Bhd at a glance
- Price
- S$0.30+S$0.01 (3.45%)
- Market cap
- S$2.41B
- Day range
- S$0.29 – S$0.31
- P/E
- —
- Dividend yield
- —
- Volume
- 3.15M
- 1 month
- +13.21%
- 6 months
- +7.14%
- YTD
- +46.34%
- 1 year
- +52.28%
- 5 years
- -60.00%
How to invest in Top Glove 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 BVA and buy
Find Top Glove Corp. Bhd by name or by its ticker, BVA, and place your order.
Why invest in Top Glove Corp. Bhd from India
What Top Glove Corp. Bhd does
Top Glove Corp. Bhd. is an investment holding company, which engages in the provision of management services. It offers latex, nitrile, vinyl, surgical, household, cleanroom, cast polyethylene, industrial high risk, and thermoplastic elastomer gloves. Top Glove Corp. Bhd operates in the Medical - Instruments & Supplies industry within the Healthcare 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 Top Glove Corp. Bhd stock from India?
Yes. Indian residents and NRIs can buy Top Glove Corp. Bhd (BVA) shares directly through Paasa. Top Glove Corp. Bhd is listed on the Singapore Exchange, in the Medical - Instruments & Supplies 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 Top Glove Corp. Bhd dividends taxed for Indian investors?
Top Glove 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 Top Glove 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.