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Refer and earn 500 INDCoins which u can use for buying USA stocks from INDmoney app.
Earn INDcoins with each other actions too. Also this is very good app to track all your portfolios of stocks, mutual funds, NPS, EPF, FDs in single app.
Free Cibil score too. personally using this app to track my entire net worth of all investments.
PM me for refer.
Check: https://imgur.com/a/I...Iz
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Last updated by: ankur2.0
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It is a very long process to be able to invest in US stocks
Also attracts new taxes for income outside India…better avoid
There is no capital gains tax in US and while, dividend income is taxable in US, you will be able to offset tax on the Dividend in India with the tax paid in US!
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Now this post is approved to be genuine. Thanks
can Rs.500 INDcoins transferable to bank after buy/sell?
if yes, how much is tax?
+1
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It’s really a good option (according to me) views vary wildly from person to person.
But the only thing we must be careful enough is to ensure not to withdraw/deposit much often as the deposit and withdrawal charges is about ₹1k each time.
If you keep depositing and withdrawing everyday then you’ll only use up al funds.
Fund a considerable amount for a long term and withdraw when your profits have already offset the charges of deposit/withdrawal by a considerable amount
Considering or assuming you have deposited, can you mind sharing with me below what will you all buy?
AMD, will probably overtake Intel in processors and all, and i heard they will be joint manufacturing mobile chips with Samsung!
Will dig a bit later
@bikidas2060 any thoughts on amd?
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