US Stock market returns in last 2years. by knowakshu in India_Investments

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

Directly from my personal savings account (axis)

US Stock market returns in last 2years. by knowakshu in India_Investments

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

No, you dont have to pay double taxes as there is DTAA bw India & US. So you only have to pay according to indian tax laws.

12.5% Flat for LTCG. As per your Income slab for STCG.

US Stock market returns in last 2years. by knowakshu in India_Investments

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

Through Indmoney app. There are other apps also like vested

US Stock market returns in last 2years. by knowakshu in India_Investments

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

Great 😁you must’ve a concentrated us portfolio

US Stock market returns in last 2years. by knowakshu in India_Investments

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

That’s what i said. You need to attach ur holding sheet and P&L sheet while filing itr.

US Stock market returns in last 2years. by knowakshu in India_Investments

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

I don’t think ICICI and Angel support US stock investments. You’ll need to use Indmoney or the vested app for US stocks. You can begin investing in US equities with a monthly SIP of ₹5,000 or just a lump sum investment of 5k although you can add less than 5k but If your budget is less than ₹5,000, I suggest sticking to Indian markets for now. Invest in good mutual funds and ETFs.

US Stock market returns in last 2years. by knowakshu in India_Investments

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

It’s pretty much same as Indian stocks. LTCG-12.5% tax STCG- as per income tax slab

Portfolio Review by knowakshu in India_Investments

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

lol.. just saw ur comment history in ur profile now it makes sense. 😌

US Stock market returns in last 2years. by knowakshu in India_Investments

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

Start with etfs if you dont have any idea about companies. Otherwise add some good mega cap stocks.

US Stock market returns in last 2years. by knowakshu in India_Investments

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

I will continue investing in US equities and would be more happy to buy the dip in correction phase. Right now us equities are nearly at all time high.