Hai Kwang Enterprise Corporation

Hai Kwang Enterprise (2038) has been listed on the Taiwan Stock Exchange since 2008, in the Steel industry. Hai Kwang Enterprise is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.

One Hai Kwang Enterprise share is NT$13.20 — about ₹40 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Hai Kwang Enterprise price and the rupee rate move during the day, so the rupee cost changes with them.

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.

Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hai Kwang Enterprise price.

No. Hai Kwang Enterprise does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one: dividends are taxed at your slab rate in India.

The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.

Yes. Hai Kwang Enterprise is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.