3 things to know before investing in US markets

01:19 Mins Read

If you're planning to invest in the US markets, here are 3 key things to know before you do.

Transcript

Planning to invest in the US markets? Firstly, to invest in US stocks, you need to buy USD with INR. These forex transactions are governed by the RBI’s Liberalised Remittance Scheme. As per the LRS, every Indian resident can remit up to $250,000 per year. Secondly, when you invest in the US markets, you are subject to two kinds of taxes. The first is dividend tax, which is levied on the dividends you earn. The second is capital gains tax, which is levied on the capital gains you make. The Double Taxation Avoidance Agreement between India and the USA impacts both these taxes. And lastly, you can invest in fractional shares in the American markets. This makes it easier for you to invest in blue chip companies that are trading at expensive prices. Want to learn more about the US markets? Find out the details of the top tech and non-tech American stocks the upcoming chapters.

Get Information Mindfulness!

Catch-up With Market

News in 60 Seconds.


The perfect starter to begin and stay tuned with your learning journey anytime and anywhere.

Visit Website
logo logo

Get Information Mindfulness!

Catch-up With Market

News in 60 Seconds.

logo

The perfect starter to begin and stay tuned with your learning journey anytime and anywhere.

logo

Ready To Trade? Start with

logo
Open an account