Taylor Maritime Investments Limited

Taylor Maritime Investments (TMI) has been listed on the London Stock Exchange since 2021, in the Marine Shipping industry. Taylor Maritime Investments 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 Taylor Maritime Investments share is $0.77 — about ₹74 at a USD/INR rate of 96.38 on 1 Oct 2026. Both the Taylor Maritime Investments 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.

Non-residents are exempt from UK capital gains tax on the disposal of listed shares, so the tax is an India-side one. 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 USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Taylor Maritime Investments price.

Yes. Taylor Maritime Investments pays a dividend — the most recent was $2.58 per share, about ₹248.27. Dividends are taxed at your slab rate in India.

The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time.

Taylor Maritime Investments trades on the London Stock Exchange in US dollars, but the company is domiciled in Guernsey. Taylor Maritime Investments trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.

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. Taylor Maritime Investments is priced in USD, so your rupee outcome combines the USD move with the USD/INR move between the day you remit and the day you convert back.