D MAt Account Can we open

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viggy
Member since: Aug 07

Posts: 569
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Posted on: 12-02-08 23:39:59

The original question is regarding Canadian Citizens.. not NRI's...

Nightmare
Member since: Apr 06

Posts: 1170
Location:
Post ID: #PID

Posted on: 13-02-08 20:35:27

Quote:
Originally posted by viggy

The original question is regarding Canadian Citizens.. not NRI's...

"As Dmat account is required in India for buying and selling indian shares .
Are we as Canadian Citizens allowed to open such account in India,and buy and sell from here.
Any info will be good."

Viggy, U r trying to act smart. I quoted the original question above. The question is obviously in context of "We as Canadian Citizen" and on CD site, certainly majority of members are NRI. Info given by me certainly will be useful rather than misleading answer given by you. Hence stop trying to act smart and try to provide correct and helpful info. One more question, why did yiu talk about OCI in your reply?

viggy
Member since: Aug 07

Posts: 569
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Post ID: #PID

Posted on: 13-02-08 21:07:46

Ooooo.. Chill man. Don't give me nightmares now.

I wasn't saying what info u gave was not useful or incorrect. Ofcourse it is useful for all NRI's.

All I meant is, the original question by Bingo was abt Canadian Citizens and hence your other wise useful info, don't answer to.

And to answer your comments to me...
OCI is not an Indian Citizen (as opposed to NRI).... OCI's are Canadian (in this case) or other non-Indian citizens. Hope this clarifies.

Misleading... May be u can help me which part was misleading and in what way. Things which are clear to one may very well be misleading to others!

Peace!!

Nightmare
Member since: Apr 06

Posts: 1170
Location:
Post ID: #PID

Posted on: 13-02-08 21:35:22

Quote:
Originally posted by viggy

Ooooo.. Chill man. Don't give me nightmares now.

I wasn't saying what info u gave was not useful or incorrect. Ofcourse it is useful for all NRI's.

All I meant is, the original question by Bingo was abt Canadian Citizens and hence your other wise useful info, don't answer to.

And to answer your comments to me...
OCI is not an Indian Citizen (as opposed to NRI).... OCI's are Canadian (in this case) or other non-Indian citizens. Hope this clarifies.

Misleading... May be u can help me which part was misleading and in what way. Things which are clear to one may very well be misleading to others!

Peace!!

33. What are the benefits of OCI?

Following benefits will be allowed to OCI:

(a) Multi-purpose, multiple entry, lifelong visa for visiting India.

(b) Exemption from registration with local police authority for any length of stay in India.

(c) Parity with NRIs in respect of economic, financial and education fields, except in matters relating to the acquisition of agricultural/plantation properties.

viggy
Member since: Aug 07

Posts: 569
Location:
Post ID: #PID

Posted on: 13-02-08 21:59:15

Quote:
Originally posted by Nightmare

(c) Parity with NRIs in respect of economic, financial .....

Guess that answers it...

Profitshastra
Member since: Sep 10

Posts: 1
Location:
Post ID: #PID

Posted on: 23-09-10 21:21:18

sudesingh
Member since: Jul 04

Posts: 2085
Location: Toronto
Post ID: #PID

Posted on: 23-09-10 22:57:33

Quote:
Originally posted by Profitshastra

Firstly, this is a 2.5 year old post, and secondly you are advertising. Use the classified section for your ad's

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Contributors: viggy(5) Nightmare(3) santoshi(1) Profitshastra(1) Bingo(1) sudesingh(1) ekvivek(1) Trump(1)

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