US Stocks - International Equity

How will the TCS provision work for international stocks?
As per Finance Act, 2020, An authorized dealer (bank) receiving amounts from resident individuals has to collect 5% TCS, where the amount or the aggregate ...
Thu, 14 Oct, 2021 at 2:14 PM
How will dividends be taxed?
Unlike investment gains, dividends will be taxed in the US at a flat rate of 25%. Fortunately, the US and India have a Double Taxation Avoidance Agreement (...
Thu, 14 Oct, 2021 at 2:10 PM
How does tax work for an NRI for US Stocks?
You will be taxed as per the laws in the country in which you are a tax resident. For example, if you are a tax resident of the UAE, you will pay taxes ...
Thu, 14 Oct, 2021 at 2:13 PM
For US stocks, will I be taxed as per Indian Taxation norms if I withdraw funds into my Indian bank account?
No, Taxation and withdrawal are 2 different scenarios. You are taxed when you either incur capital gains or receive dividends. Withdrawals can happen with o...
Thu, 14 Oct, 2021 at 2:22 PM
How will taxes work for the US investing?
For US stocks' users there are two types of taxation events:  (1) Taxes on investment gains: You will be taxed in India for this gain. You will not be ...
Thu, 14 Oct, 2021 at 2:24 PM
When will the taxation event for US stocks happen?
Taxation happens when you either receive a dividend or incur capital gains. You will be taxed as per the laws in the country where you reside when you eithe...
Thu, 14 Oct, 2021 at 2:26 PM
What if Kuvera or Vested shut down?
Your assets are held by a 3rd party custodian, and Vested does not touch or hold your money. If Vested shuts down, you would still have access to all your c...
Sat, 19 Feb, 2022 at 1:19 PM
Can I transfer my stocks to another person?
No, you can not transfer your stocks/ETFs to another person.
Thu, 14 Oct, 2021 at 4:44 PM
Do I need to have a separate US bank account for investing in US stocks?
No. As an Indian resident you do not require to have a separate bank account in the US for trading purposes. You can use your Indian bank account to fun...
Thu, 14 Oct, 2021 at 4:45 PM
Can I buy US Stock Options/Futures or any other Derivatives product?
No. RBI guidelines do not permit money remitted under the LRS to be used for trading derivatives or any kind of leveraged products.
Sat, 16 Oct, 2021 at 10:59 AM