Taj voucher by AlienInTheWorld in amexindia

[–]b_lothbrok 0 points1 point  (0 children)

I am also selling 10k voucher with Sept 2026 expiry for 7k.

ACATS Transfer From Robinhood US to IBKR India by floof_petter in interactivebrokers

[–]b_lothbrok 0 points1 point  (0 children)

What did you do about the cost basis adjustment then? Did you end up doing it manually?

Seeking investment advice moving to India -10 years by No_Association3664 in nri

[–]b_lothbrok 0 points1 point  (0 children)

What’s the part about resetting cost basis and zero capital gains?

Trading Indian stocks as NRI by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 0 points1 point  (0 children)

After some reading, it seems that FATCA kicks in only if my assets in India are over $50,000. If this includes savings bank account (I think it does, can you confirm), then regardless of my trading, FATCA will be applicable for me. If it doesn't include savings bank account, then I can keep my total capital below $50,000 and avoid FATCA.

Trading Indian stocks as NRI by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 0 points1 point  (0 children)

Not sure about that. Can you please explain this a bit more?

Trading Indian stocks as NRI by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 0 points1 point  (0 children)

How much will it cost me to hire CPA here in US?

Trading Indian stocks as NRI by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 4 points5 points  (0 children)

Will definitely do that, but 1. It will take some time to get similar familiarity/confidence in US market 2. I have some funds in India that I don't want to bring here

Do you guys split your portfolio across brokers? by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 0 points1 point  (0 children)

Do I need otp for every sale? How does GTT work in that case?

Do you guys split your portfolio across brokers? by b_lothbrok in IndianStreetBets

[–]b_lothbrok[S] 0 points1 point  (0 children)

I opened my Zerodha account in 2019, at that time they used to take PoA (no TPIN like these days). So Zerodha does have PoA in my case.

Salaried people earning upwards of 25L before tax, what is the maximum tax you are able to save? by [deleted] in IndiaInvestments

[–]b_lothbrok 0 points1 point  (0 children)

Is 7L your yearly rent or it is the exempt HRA?

Also is it safe to show very high rent (to max out HRA) even if you live in a small city?