Made money from US stocks? Check rules to report it in Income Tax Return and claim credit
Income Tax on Gains from the US stocks in India: It is now possible for investors living in India to own stocks of some of the biggest companies listed on the US stock exchanges. There are several online platforms that facilitate investment in US stocks or Exchange Traded funds (ETFs) for investors in India.
The US stocks offer huge earning opportunities and that’s why interest in the same among Indian retail investors has increased in a big way. Investing in the US stock markets also offers Indian investors an opportunity to diversify their domestic portfolio by investing in some of the world’s top tech, pharma, manufacturing and other companies.
However, just like returns from investment in domestic stocks are required to be reported to the
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