Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next
Author: EngelvonChemie One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 244  
Subject: Re: How To Buy Stocks On The BSE? Date: 8/24/2007 9:48 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
mardukkorn,

Thanks for the reply! Your second answer give me good indication about the first question.

I would guess that if a tax ID number is required then one probably has to earn rupees and pay Indian taxes in order to trade on the BSE.

For some expats, I guess that might be the catch. For example, my employer pays me in USD to my Stateside accounts. To my knowledge, I will not require an Indian tax ID. But I'm unsure at this point.

In any case, I'll continue to make queries.

Separately, I've noticed very attractive terms at ICICI Bank and others for longer-term deposit "schemes" as they're called. I laugh a little each time I see that for scheme in American usage often connotes a sinister element. I've already inquired about these and look forward to earning 9.50% interest on something analogous to a 2-year CD.

Any thoughts on these bank vehicles?

A
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

2.1: The Labor Pool Problem
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement