INDIA
NRIAn NRI / PIO has to report all the transaction done on Indian stock exchanges to the bank with which he is maintaining the PIS account. This reporting has to be done within one working day after the execution of the transaction. Client has to submit the contract notes to the designated banks PIS department where the client holds his/her PIS account within one working day. The transaction can be held invalid if this is not adhered to.
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