How to buy Palantir stock from India
Investing globally is no longer just for high-net-worth individuals or seasoned traders. More everyday investors in India are now looking beyond domestic stocks and setting their sights on U.S. tech companies like Palantir. With headlines often highlighting buzz around the Palantir stock, and its ticker symbol PLTR becoming more familiar, many are curious about how they can participate in the potential upside.
But while interest in global diversification grows, so does the confusion. Can you actually buy PLTR stock in India? Where do you begin? Between RBI’s remittance rules, documentation requirements, and choosing an online platform that gives access to NASDAQ-listed stocks, the process can feel overwhelming. For many, even checking the real-time Palantir stock price or executing a simple trade seems unnecessarily complex.
If that sounds familiar, you're not alone—and you're in the right place. In this blog, we'll help simplify it all. We’ll start with what Palantir Technologies does and why it's getting attention from retail investors globally. Then, we’ll break down the steps you need to take to buy Palantir stock from India, the best platforms to use, and what taxes you’ll owe if your investment grows—or earns dividends.
Whether you’re tracking the PLTR stock price today or planning to dip your toes into U.S. equities for the first time, understanding the process is key. Let’s make global investing feel as straightforward as adding an Indian stock to your watchlist.
What is Palantir and why is it gaining investor attention?
Overview of Palantir Technologies
Palantir Technologies is a U.S.-based software company founded in 2003. It's well known for building data analytics platforms used by governments and large enterprises. The company's name started making headlines when it went public in September 2020 on the NASDAQ under the ticker symbol PLTR.
Unlike traditional software firms, Palantir focuses on big data analytics and decision-making tools. Its products—Gotham, Foundry, and Apollo—help users integrate vast datasets, find insights, and make real-time decisions. Initially, Palantir gained traction by working with U.S. intelligence and defence agencies. But now, it’s expanding rapidly into commercial sectors like healthcare, automotive, and manufacturing.
As a result, the Palantir stock has grown from a government-contracted niche name into a well-known tech ticker that appeals to retail and institutional investors alike.
Use cases and clientele
Palantir’s core strength lies in solving complex data problems. For example, it helped the U.S. Army manage data logistics and worked with government agencies during the COVID-19 pandemic to analyse infection trends. It also assists corporations like BP with supply chain automation and Airbus with aircraft part tracing.
This diverse range of use cases makes Palantir’s software attractive across industries. As adoption spreads, more investors see potential in the company’s long-term growth. That’s why many are tracking PLTR stock—even from countries like India where direct access wasn't always easy.
Recent performance and market buzz
Since going public, PLTR has seen ups and downs. Its all-time high was in early 2021, when investor enthusiasm for data and AI stocks peaked. In 2023 and 2024, renewed interest came as Palantir integrated more AI capabilities into its software, including partnerships around large language models.
Retail investors closely watch Palantir stock price updates on platforms that track NASDAQ PLTR. Current interest is also fueled by Palantir’s profitable quarters and solid client expansion. For Indian investors, this growing performance and publicity has sparked interest in owning even a small part of PLTR.
Next, let’s see how you can buy Palantir stock from India, step-by-step.
Steps to buy Palantir stock from India
Choose a platform with U.S. market access
To invest in PLTR stock from India, you'll first need a brokerage platform that offers access to U.S. stock markets. This includes Indian-origin services with international tie-ups and global brokers open to Indian residents.
Look for platforms that allow international stock investing under RBI's Liberalised Remittance Scheme (LRS). Examples include Winvesta, Vested, and ICICI Direct Global. These platforms offer access to the NASDAQ PLTR listing and support buying U.S. equities in INR with built-in currency conversion.
Make sure the platform is registered with SEBI or partnered with a FINRA-regulated U.S. broker. This ensures your trades are safe and compliant. Also, check if the platform gives you live PLTR stock price today updates and fractional shares, which let you buy small amounts of expensive stocks.
Register and complete KYC requirements
Once you've chosen a platform, the next step is to open an account and finish your KYC process. This includes submitting your PAN card, valid ID (like Aadhaar or passport), and a recent bank statement—usually not older than 3 months.
Your PAN is essential because these investments fall under LRS rules and need tax compliance. Most platforms also require a valid email, phone, and residential address in India. The verification process usually takes a few hours up to 2 business days.
After verification, your account will be ready to receive funds and let you trade U.S. stocks, including Palantir stock.
Fund your international investing account
To buy U.S. stocks, you'll need to fund your international investment account using INR. Under RBI’s LRS, Indian residents can remit up to $250,000 per financial year abroad. You can initiate this transfer via internet banking or through a designated forex branch.
Some platforms, like Winvesta, provide a built-in LRS flow to simplify the remittance. The INR gets converted to USD using real-time forex rates, and the funds reflect in your U.S. brokerage account within 1–2 working days.
Once funded, search for PLTR or Palantir stock on the platform. You’ll see details like the current PLTR stock price, company data, and trade options. Place a buy order—either full or fractional based on how much you want to invest.
Now that you know the buying process, let’s explore which platforms give Indian investors the best access to PLTR shares.
Best online platforms to invest in Palantir stock from India
Overview of Indian platforms offering U.S. stocks
Several online platforms now allow Indian investors to access U.S. stocks listed on exchanges like NASDAQ—where you’ll find NASDAQ PLTR traded daily. These platforms include Winvesta, Vested, Groww (Global Investing), and ICICI Direct Global.
Each of these platforms follows RBI’s Liberalised Remittance Scheme and offers access to listed shares such as Palantir stock. They’re integrated either with U.S.-based brokers or offer direct remittance-enabled brokerage accounts for Indian residents.
Platform options vary in terms of available features. Some focus on a simple investing interface, while others emphasize real-time data, research tools, or educational content for new investors. Your ideal choice will depend on how often you plan to trade and what level of support you want.
Comparison of fees, user experience, and trust
While choosing a platform, fees and reliability are important. Here’s a quick comparison of key features:
- Winvesta: Zero commission on trades, transparent forex markup (~1%), supports fractional shares, and provides live PLTR stock price today.
- Vested: Offers curated portfolios, fractional investing, basic trading plans for free, and a premium plan with more features.
- ICICI Direct Global: Backed by a major bank, but typically charges higher account and transaction fees.
- Groww Global: Easy to use for first-time investors, but limited advanced tools or customization.
Most platforms ensure funds are held with U.S.-regulated custodians, adding a layer of investor protection. Also, look for instant order execution and access to real-time stock quotes to track your PLTR trades effectively.
Winvesta’s offering for global investing
Winvesta stands out for its transparent pricing, straightforward onboarding, and compliance with Indian remittance laws. With Winvesta, you can fund your U.S. investing account directly from an Indian bank via their integrated LRS transfer system.
You get real-time updates for U.S. stocks including PLTR stock price, access to over 4,500 U.S. equities, and the option to buy fractional shares. This means even high-priced stocks are accessible starting from as little as $1.
For long-term investors tracking companies like Palantir, Winvesta also offers a tax summary for easier filings. Plus, their multi-currency accounts let you hold and manage USD alongside your investments.
With the right platform selected, you're nearly ready—but don't forget the tax rules before making your first investment in U.S. stocks.
Understanding taxes on U.S. stocks for Indian investors
Capital gains tax implications
When you sell U.S. stocks like Palantir for a profit, you're liable to pay capital gains tax in India. The tax rate depends on how long you’ve held the stock.
If you sell within 24 months of buying, it’s treated as short-term capital gain and taxed at your income tax slab rate. Sell after 24 months, and it qualifies as long-term capital gain, taxed at 20% with indexation benefits.
There’s no capital gains tax payable in the U.S. as an Indian resident. You only pay on gains in India when you file your income tax return. So timing your exits can significantly impact your tax burden.
Dividend taxation and DTAA benefits
If Palantir stock pays dividends, expect a 25% withholding tax from the U.S. side. For example, if you receive a $100 dividend, you’ll get $75 in hand.
But here's the benefit: under the India-U.S. Double Taxation Avoidance Agreement (DTAA), you can claim credit for that U.S. tax against your Indian tax liability on the same dividend income. This avoids paying tax twice on the same income.
In India, dividends are added to your total income and taxed as per your individual slab. Keep records of the tax withheld in the U.S.—this helps claim the credit smoothly while filing your income tax return.
Tracking taxes manually for each holding can be tedious. Some platforms, like Winvesta, help by providing downloadable tax summaries that make compliance easier every year.
Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies, and not of Winvesta. We advise investors to check with certified experts before making any investment decisions.
Ready to earn on every trade?
Invest in 11,000+ US stocks & ETFs
Investing globally is no longer just for high-net-worth individuals or seasoned traders. More everyday investors in India are now looking beyond domestic stocks and setting their sights on U.S. tech companies like Palantir. With headlines often highlighting buzz around the Palantir stock, and its ticker symbol PLTR becoming more familiar, many are curious about how they can participate in the potential upside.
But while interest in global diversification grows, so does the confusion. Can you actually buy PLTR stock in India? Where do you begin? Between RBI’s remittance rules, documentation requirements, and choosing an online platform that gives access to NASDAQ-listed stocks, the process can feel overwhelming. For many, even checking the real-time Palantir stock price or executing a simple trade seems unnecessarily complex.
If that sounds familiar, you're not alone—and you're in the right place. In this blog, we'll help simplify it all. We’ll start with what Palantir Technologies does and why it's getting attention from retail investors globally. Then, we’ll break down the steps you need to take to buy Palantir stock from India, the best platforms to use, and what taxes you’ll owe if your investment grows—or earns dividends.
Whether you’re tracking the PLTR stock price today or planning to dip your toes into U.S. equities for the first time, understanding the process is key. Let’s make global investing feel as straightforward as adding an Indian stock to your watchlist.
What is Palantir and why is it gaining investor attention?
Overview of Palantir Technologies
Palantir Technologies is a U.S.-based software company founded in 2003. It's well known for building data analytics platforms used by governments and large enterprises. The company's name started making headlines when it went public in September 2020 on the NASDAQ under the ticker symbol PLTR.
Unlike traditional software firms, Palantir focuses on big data analytics and decision-making tools. Its products—Gotham, Foundry, and Apollo—help users integrate vast datasets, find insights, and make real-time decisions. Initially, Palantir gained traction by working with U.S. intelligence and defence agencies. But now, it’s expanding rapidly into commercial sectors like healthcare, automotive, and manufacturing.
As a result, the Palantir stock has grown from a government-contracted niche name into a well-known tech ticker that appeals to retail and institutional investors alike.
Use cases and clientele
Palantir’s core strength lies in solving complex data problems. For example, it helped the U.S. Army manage data logistics and worked with government agencies during the COVID-19 pandemic to analyse infection trends. It also assists corporations like BP with supply chain automation and Airbus with aircraft part tracing.
This diverse range of use cases makes Palantir’s software attractive across industries. As adoption spreads, more investors see potential in the company’s long-term growth. That’s why many are tracking PLTR stock—even from countries like India where direct access wasn't always easy.
Recent performance and market buzz
Since going public, PLTR has seen ups and downs. Its all-time high was in early 2021, when investor enthusiasm for data and AI stocks peaked. In 2023 and 2024, renewed interest came as Palantir integrated more AI capabilities into its software, including partnerships around large language models.
Retail investors closely watch Palantir stock price updates on platforms that track NASDAQ PLTR. Current interest is also fueled by Palantir’s profitable quarters and solid client expansion. For Indian investors, this growing performance and publicity has sparked interest in owning even a small part of PLTR.
Next, let’s see how you can buy Palantir stock from India, step-by-step.
Steps to buy Palantir stock from India
Choose a platform with U.S. market access
To invest in PLTR stock from India, you'll first need a brokerage platform that offers access to U.S. stock markets. This includes Indian-origin services with international tie-ups and global brokers open to Indian residents.
Look for platforms that allow international stock investing under RBI's Liberalised Remittance Scheme (LRS). Examples include Winvesta, Vested, and ICICI Direct Global. These platforms offer access to the NASDAQ PLTR listing and support buying U.S. equities in INR with built-in currency conversion.
Make sure the platform is registered with SEBI or partnered with a FINRA-regulated U.S. broker. This ensures your trades are safe and compliant. Also, check if the platform gives you live PLTR stock price today updates and fractional shares, which let you buy small amounts of expensive stocks.
Register and complete KYC requirements
Once you've chosen a platform, the next step is to open an account and finish your KYC process. This includes submitting your PAN card, valid ID (like Aadhaar or passport), and a recent bank statement—usually not older than 3 months.
Your PAN is essential because these investments fall under LRS rules and need tax compliance. Most platforms also require a valid email, phone, and residential address in India. The verification process usually takes a few hours up to 2 business days.
After verification, your account will be ready to receive funds and let you trade U.S. stocks, including Palantir stock.
Fund your international investing account
To buy U.S. stocks, you'll need to fund your international investment account using INR. Under RBI’s LRS, Indian residents can remit up to $250,000 per financial year abroad. You can initiate this transfer via internet banking or through a designated forex branch.
Some platforms, like Winvesta, provide a built-in LRS flow to simplify the remittance. The INR gets converted to USD using real-time forex rates, and the funds reflect in your U.S. brokerage account within 1–2 working days.
Once funded, search for PLTR or Palantir stock on the platform. You’ll see details like the current PLTR stock price, company data, and trade options. Place a buy order—either full or fractional based on how much you want to invest.
Now that you know the buying process, let’s explore which platforms give Indian investors the best access to PLTR shares.
Best online platforms to invest in Palantir stock from India
Overview of Indian platforms offering U.S. stocks
Several online platforms now allow Indian investors to access U.S. stocks listed on exchanges like NASDAQ—where you’ll find NASDAQ PLTR traded daily. These platforms include Winvesta, Vested, Groww (Global Investing), and ICICI Direct Global.
Each of these platforms follows RBI’s Liberalised Remittance Scheme and offers access to listed shares such as Palantir stock. They’re integrated either with U.S.-based brokers or offer direct remittance-enabled brokerage accounts for Indian residents.
Platform options vary in terms of available features. Some focus on a simple investing interface, while others emphasize real-time data, research tools, or educational content for new investors. Your ideal choice will depend on how often you plan to trade and what level of support you want.
Comparison of fees, user experience, and trust
While choosing a platform, fees and reliability are important. Here’s a quick comparison of key features:
- Winvesta: Zero commission on trades, transparent forex markup (~1%), supports fractional shares, and provides live PLTR stock price today.
- Vested: Offers curated portfolios, fractional investing, basic trading plans for free, and a premium plan with more features.
- ICICI Direct Global: Backed by a major bank, but typically charges higher account and transaction fees.
- Groww Global: Easy to use for first-time investors, but limited advanced tools or customization.
Most platforms ensure funds are held with U.S.-regulated custodians, adding a layer of investor protection. Also, look for instant order execution and access to real-time stock quotes to track your PLTR trades effectively.
Winvesta’s offering for global investing
Winvesta stands out for its transparent pricing, straightforward onboarding, and compliance with Indian remittance laws. With Winvesta, you can fund your U.S. investing account directly from an Indian bank via their integrated LRS transfer system.
You get real-time updates for U.S. stocks including PLTR stock price, access to over 4,500 U.S. equities, and the option to buy fractional shares. This means even high-priced stocks are accessible starting from as little as $1.
For long-term investors tracking companies like Palantir, Winvesta also offers a tax summary for easier filings. Plus, their multi-currency accounts let you hold and manage USD alongside your investments.
With the right platform selected, you're nearly ready—but don't forget the tax rules before making your first investment in U.S. stocks.
Understanding taxes on U.S. stocks for Indian investors
Capital gains tax implications
When you sell U.S. stocks like Palantir for a profit, you're liable to pay capital gains tax in India. The tax rate depends on how long you’ve held the stock.
If you sell within 24 months of buying, it’s treated as short-term capital gain and taxed at your income tax slab rate. Sell after 24 months, and it qualifies as long-term capital gain, taxed at 20% with indexation benefits.
There’s no capital gains tax payable in the U.S. as an Indian resident. You only pay on gains in India when you file your income tax return. So timing your exits can significantly impact your tax burden.
Dividend taxation and DTAA benefits
If Palantir stock pays dividends, expect a 25% withholding tax from the U.S. side. For example, if you receive a $100 dividend, you’ll get $75 in hand.
But here's the benefit: under the India-U.S. Double Taxation Avoidance Agreement (DTAA), you can claim credit for that U.S. tax against your Indian tax liability on the same dividend income. This avoids paying tax twice on the same income.
In India, dividends are added to your total income and taxed as per your individual slab. Keep records of the tax withheld in the U.S.—this helps claim the credit smoothly while filing your income tax return.
Tracking taxes manually for each holding can be tedious. Some platforms, like Winvesta, help by providing downloadable tax summaries that make compliance easier every year.
Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies, and not of Winvesta. We advise investors to check with certified experts before making any investment decisions.
Ready to earn on every trade?
Invest in 11,000+ US stocks & ETFs
