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  1. Asked: September 22, 2023In:

    How to invest in NCD/ Corporate Bonds in India? Is there any online platform like Groww or Zerodha?

    Deep Shah
    Deep Shah Knowledge Contributor

    *How to Invest in NCD/Corporate Bonds in India* Investing in NCD/corporate bonds in India can be done through various platforms. Here are some ways to do so: - *Zerodha's Coin* Zerodha's Coin is a platform that allows you to invest in corporate bonds with a minimum investment of Rs 10,000. You can vRead more

    *How to Invest in NCD/Corporate Bonds in India*

    Investing in NCD/corporate bonds in India can be done through various platforms. Here are some ways to do so:

    – *Zerodha’s Coin*
    Zerodha’s Coin is a platform that allows you to invest in corporate bonds with a minimum investment of Rs 10,000. You can visit their website to see the list of available bonds and select the one you wish to invest in.

    – *GoldenPi*
    GoldenPi is another platform that allows you to invest in bonds, debentures, and other fixed-income assets. You can upload your documents online, complete the KYC process, choose the bonds that match your investment goal, pay online, and receive bond units in your Demat account.

    – *ICICI Direct*
    ICICI Direct is a platform that allows you to compare and invest in NCDs online. You can get detailed information about NCDs, including interest rates, tenure, and issuer, to make an informed decision.

    – *HDFC Securities*
    HDFC Securities is a platform that allows you to invest in NCDs and other fixed-income assets. You can visit their website to get more information on the process and benefits of investing in NCDs.

    *Mobile Applications*

    Some mobile applications that allow you to invest in NCD/corporate bonds in India are:

    – *Zerodha’s Kite*
    Zerodha’s Kite is a mobile application that allows you to buy NCDs, bonds, and tax-free bonds. You can search for the company name, select the series, and buy the bonds.

    – *ICICI Direct Mobile App*
    ICICI Direct has a mobile app that allows you to invest in NCDs and other fixed-income assets on the go.

    Please note that these platforms and applications may have certain eligibility criteria, terms, and conditions that you need to fulfill before investing. It’s always a good idea to do your research, read the documents carefully, and consult with a financial advisor if needed.

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  2. Asked: September 22, 2023In:

    How is tax calculated in India for investing in US stocks?

    Deep Shah
    Deep Shah Knowledge Contributor

    *Tax Calculation for Investing in USA Stocks in India* Here's how tax is calculated in India for investing in USA stocks - *Dividend Tax*: - Taxed at a flat rate of 25% in the US - Taxed in India based on the individual's income tax slab - Can claim relief under Section 90 of the Income-tax Act readRead more

    *Tax Calculation for Investing in USA Stocks in India*

    Here’s how tax is calculated in India for investing in USA stocks

    – *Dividend Tax*:
    – Taxed at a flat rate of 25% in the US
    – Taxed in India based on the individual’s income tax slab
    – Can claim relief under Section 90 of the Income-tax Act read with Article 25 of the India-US DTAA

    – *Capital Gains Tax*:
    – No tax in the US on capital gains
    – Taxed in India based on the duration of holding the shares
    – Long-term capital gains (shares held for more than 24 months): 20% with indexation
    – Short-term capital gains (shares held for less than 24 months): added to total income and taxed based on the individual’s income tax slab

    – *Filing Tax Returns*:
    – Mandatory for Indian residents investing in US stocks, even if the income is below the basic exemption limit
    – File Form 67 before filing ITR to claim relief under Section 90 of the Income-tax Act read with Article 25 of the India-US DTAA
    – Disclose details of foreign assets, income, and taxes in the ITR

    – *Double Taxation Avoidance Agreement (DTAA)*:
    – India and the US have a DTAA to avoid double taxation
    – Tax credit can be claimed in India for taxes paid in the US

    – *Liberalised Remittance Scheme (LRS)*:
    – RBI allows investment in foreign companies under the LRS
    – No Tax Collected at Source (TCS) for investments up to Rs 700,000
    – TCS @ 20% for investments exceeding Rs 700,000

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  3. Asked: July 25, 2024In:

    In which US state did the Battle of the Little Big Horn take place?

    Deep Shah
    Deep Shah Knowledge Contributor

    The Battle of Little Bighorn took place in the state of Montana . Here are some key points about the battle: - *Location*: The battle occurred near the Little Bighorn River in Montana Territory, within the Crow Indian Reservation ⁴ ⁶ ⁷ ⁸. - *Date*: The battle took place on June 25-26, 1876 - *TribesRead more

    The Battle of Little Bighorn took place in the state of Montana .
    Here are some key points about the battle:

    – *Location*: The battle occurred near the Little Bighorn River in Montana Territory, within the Crow Indian Reservation ⁴ ⁶ ⁷ ⁸.
    – *Date*: The battle took place on June 25-26, 1876
    – *Tribes involved*: The Lakota Sioux, Northern Cheyenne, and Arapaho tribes fought against the 7th Cavalry Regiment of the United States Army
    – *Leaders*: The Native American forces were led by Sitting Bull, Crazy Horse, and other prominent leaders, while the U.S. Army was led by Lieutenant Colonel George Armstrong Custer
    – *Outcome*: The battle resulted in a significant defeat for the U.S. Army, with Custer and many of his men killed, while the Native American forces emerged victorious

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