Singapore Exchange · Technology
Invest in Totm Technologies stock from India
Indian and foreign residents can buy Totm Technologies (42F) shares directly through Paasa.
By Paasa · Updated
Totm Technologies at a glance
- Price
- S$0.02+S$0.00 (4.55%)
- Market cap
- S$40.58M
- Day range
- S$0.02 – S$0.02
- P/E
- —
- Dividend yield
- None
- Volume
- 784.90K
- 1 month
- -4.17%
- 6 months
- -14.81%
- YTD
- -4.17%
- 1 year
- -11.54%
- 5 years
- -87.22%
How to invest in Totm Technologies 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 42F and buy
Find Totm Technologies by name or by its ticker, 42F, and place your order.
Why invest in Totm Technologies from India
What Totm Technologies does
TOTM Technologies Limited, together with its subsidiaries, provides identity management, biometric solutions and product, and digital identity and onboarding solutions in Singapore, Indonesia, India, and the United States. The company offers IDora, a multimodal biometrics platform that employs multiple biometric modalities for identity verification and authentication; TOMT Abis, a biometrics identification solution; and NOVA, a ticketing technology. Totm Technologies operates in the Engineering & Construction industry within the Technology 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 Totm Technologies stock from India?
Yes. Indian residents and NRIs can buy Totm Technologies (42F) shares directly through Paasa. Totm Technologies is listed on the Singapore Exchange, in the Engineering & Construction 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 Totm Technologies dividends taxed for Indian investors?
Totm Technologies does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Totm Technologies 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.
Would my heirs owe estate tax on Totm Technologies shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.