New Asia Construction & Development Corp.

New Asia Construction & Development (2516) has been listed on the Taiwan Stock Exchange since 1993, in the Engineering & Construction industry. New Asia Construction & Development 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 New Asia Construction & Development share is NT$15.15 — about ₹46 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the New Asia Construction & Development 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 New Asia Construction & Development price.

No. New Asia Construction & Development 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. New Asia Construction & Development 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.