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Frequently asked questions about investing in US stocks from India
To begin investing with Winvesta, sign up online and provide personal details such as your name, phone number, and date of birth. You’ll also need to submit KYC documents like ID and address proof. Once your account is verified, you can fund it and start investing in US stocks and ETFs.
Winvesta is available to individual investors in India who have a valid Permanent Account Number (PAN) and a bank account. It’s ideal for residents looking to diversify their investments by accessing US markets.
Investing in US stocks can offer diversification, exposure to global companies, and the potential for higher returns. However, you should consider factors like market volatility and currency risk.
Winvesta offers a mobile app on Android and iOS. The app lets you manage your portfolio, buy fractional shares, and access over 4,500 US stocks and ETFs.
Yes, profits from US stock investments are taxable in India. Indian residents must report foreign income and pay taxes under the Income Tax Act.
You will have to pay taxes on US shares depending on how long you hold them.
a) Short-term capital gains (shares held for 24 months or less)
Taxed at your applicable income tax slab rate
b) Long-term capital gains (shares held for more than 24 months)
Taxed at a flat rate of 12.5% without indexation benefits, effective from July 23, 2024.