Investing Related

Tax Implications For Indian Residents Investing In The US Stock Market

Want to invest in US Stocks but don’t know what taxes you’ll pay? Read this to know more.
April 18, 2024
One Quiz. Zero Cost. Smarter Investments
Take Risk Assessment

The US markets have grown exponentially over the past 2 decades and currently have a whopping market cap of $36,258,650.9 million. When you compare the dollar to the Indian rupee, there’s only one clear winner.

So people choose to invest in their favourite US brands to create wealth for their child’s university education abroad or to simply create a nest egg. But with every investment, comes taxes. And when it comes to taxes, it’s good to be sure of how much you’ll likely pay.

So before you buy an Apple, Google, Microsoft, Tesla, or Netflix share, read this blog to know exactly what tax rules and regulations will apply to your US stock investments.

Fun Fact: Einstein did not understand taxes. He was an expert in theoretical physics. Read more about tax saving mistakes to avoid in 2020.

What Are The Tax Implications?

The tax rules and regulations are different for both countries. But fortunately, India and the US have a Double Tax Avoidance Agreement (DTAA) in place. This ensures that you don't pay a tax on the same income twice. Here is a list of the taxes you need to be aware of:

1. Tax on Dividends 

  • Flat tax @ 25% in the US deducted before you receive the dividends. <

Share this story on:

Top 5 Reasons To Try Our Powerful Investment App!

Schedule a call based on your convenience. And get an expert to help you invest.

  • High Quality Mutual Funds
  • Curated Stock Advisors
  • Handpicked Debt Instruments
  • Jargon Free Approach
  • Low Minimum Investments

Want the best
investment blog delivered straight to your inbox?

Thank you for joining our mailing list!
Oops! Something went wrong while submitting the form.

Recent Posts

Similar Posts

SIP Posts

All

Grow your money without wasting time

on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!

Start investing right away

X

Upload Your CAS. Let Us Do the Heavy Lifting.

Click to upload a File

OR

Drag and drop CAS File Here

Instructions to get your CAS

  1. Visit CAMS or KFintech
  2. Enter your email, PAN, and set a password for your CAS.
  3. Select the Detailed CAS option (not the summary) from your first investment date until today or choose 1st January 2000 for convenience.
  4. Click Submit. Your CAS will be sent to your registered email. It usually arrives in about 5 minutes, but may take up to an hour.
  5. Return here, upload the CAS, and enter the chosen password to allow us to analyze it.

Got your CAS?