The purchase, as well as sale values, are converted into INR per the sale date. Capital gains are calculated in INR, and the subsequent tax is calculated based on the capital gains. Technically, there is no tax on INR depreciation. Example: You ...
We receive the RBI reference rates with a two/three-business-day delay (T+2/T+3). As a result, when calculating realized capital gains or losses for recent transactions and adjusting unrealized returns, we utilize the most recent available rates. If ...
You can use the ‘Profit and Loss Statement’ feature available in Profile → US Stocks to get details of your realized and unrealized profit and loss. You can extract the profit and loss details for any period you wish. You also have an option to see ...
For investors in India, there are two types of taxation events when you have returns from your investments in US stocks: Taxes on investment gains: You will be taxed in India for this gain, but will not be taxed in the US. The amount of taxes you ...
Irrespective of what period you select for reporting, unrealized profit or loss will always be reported on the basis of the latest market prices if the markets are open or close prices of the previous business day’s core market session.