How are US Stocks Taxed?

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Tax, Tax and Tax : You hate them but you have got to pay them.
Let us explain how the taxation on your US stocks investment works.
Capital gains are taxed only in India. Due to the Double Taxation Avoidance Agreement (DTAA) between India and US there is no tax on capital gains deducted in the US for Indian residents.
If you sell a security after holding it for less than 24 months and realize a gain, it is classified as a Short Term Capital Gain (STCG) and is taxed at your applicable slab rates plus applicable surcharge and education cess.
If you sell a security after holding it for more than 24 months and realize a gain, it is classified as a Long Term Capital Gain (LTCG) and is taxed at 20% plus applicable surcharge and education cess.

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Awesome brother
..😍😍😍👍👍 you explain... everything perfectly.

thetradingworldwithdc
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Can u share the link for the second part ?

rajjani
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I am an NRI and hold US stocks, sitting on a profit upwards of 1 lakhs INR. Since I have not worked in India in current FY and if I book a STCG, will I be taxed anything, since income tax is free upto 2.5 lacs.

AnupamPatrapatanupam