investing in US stocks

Tax implications of gifting funds to minor daughter to invest in US stocks | Mint

TheSpuzz Desk2 weeks ago05 mins

Source: Live Mint I have gifted some money to my daughter when she turned 16. We both are residents. I have set up her custodial account in US for investment in Nasdaq-listed stocks from this gifted money. I would like to understand the potential tax implications in India on this. -Name withheld on request As…

Your guide to investing in the US and global stocks through the LRS route

TheSpuzz Desk1 month ago010 mins

Source: Live Mint Investing in US stocks allows Indian investors to own a slice of the world’s most influential companies, while global exchange-traded funds (ETFs) provide an avenue to diversify portfolios beyond domestic markets. While India’s mutual fund (MF) industry has hit the Reserve Bank of India’s $7 billion cap for overseas investments, platforms such…

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investing in US stocks

Tax implications of gifting funds to minor daughter to invest in US stocks | Mint

Your guide to investing in the US and global stocks through the LRS route