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Can a NRI function his mom or sister account The buying and selling account / financial institution accounts of sister(single) or mom linked together with her demat account
simranpreet_singh:
Can a NRI function his mom or sister account The buying and selling account / financial institution accounts of sister(single) or mom linked together with her demat account
It ought to be alright if you’re not doing it for any consideration. By the best way, there are not any express laws round this.
I had written this someday again.
Z-Join by Zerodha – 10 Mar 21
Buying and selling with different folks’s cash – Z-Join by Zerodha
Greed and the ill-conceived lure of fast cash is the largest enabler of buying and selling exercise within the markets. Those that commerce continuously strive discovering methods to make extra by growing their buying and selling capital. And people who don’t, lured by greed, are…
Est. studying time: 10 minutes
nithin:
should not doing it for any consideration
why can’t mom rent the son for wage / fee to handle her buying and selling account ?
HSL:
why can’t mom rent the son for wage / fee to handle her buying and selling account ?
Should you begin taking consideration, that can flip this exercise into one thing you do as a career. And the hyperlink I shared earlier has all of the authorized methods in which you’ll handle cash for others.
Thanks @nithinRegardsStay wholesome
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