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How is tax calculated in India for investing in US stocks?
Indian residents investing in US stocks are subject to capital gains tax based on their holding period. Short-term gains (held for <3 years) are taxed at the individual's income tax rate, while long-term gains (held for ≥3 years) are taxed at 20% with indexation or 10% without. They must adhRead more
Indian residents investing in US stocks are subject to capital gains tax based on their holding period. Short-term gains (held for <3 years) are taxed at the individual's income tax rate, while long-term gains (held for ≥3 years) are taxed at 20% with indexation or 10% without. They must adhere to RBI foreign exchange regulations, utilize DTAA benefits to avoid double taxation, and report overseas investments in their tax returns
See lessCan Tesla successfully navigate its way to a functional product?
Tesla has already achieved significant success in developing and delivering functional products, particularly in the electric vehicle (EV) market. The company has a track record of innovation and has demonstrated its ability to produce and improve its vehicles over time. However, whether Tesla can sRead more
Tesla has already achieved significant success in developing and delivering functional products, particularly in the electric vehicle (EV) market. The company has a track record of innovation and has demonstrated its ability to produce and improve its vehicles over time. However, whether Tesla can successfully navigate its way to future product launches and innovations depends on various factors, including its ability to address technological challenges, meet regulatory requirements, manage production and supply chain issues, and maintain consumer trust
See lessWhich country has the most valued currency?
As of my last update in January 2022, Kuwaiti Dinar (KWD) is often considered the highest-valued currency in the world.
As of my last update in January 2022, Kuwaiti Dinar (KWD) is often considered the highest-valued currency in the world.
See lessHow much income is considered tax free in India?
As of the financial year 2021-2022, the basic exemption limit for income tax in India is ₹2,50,000 for individuals below 60 years of age. Additional exemptions and deductions are available, and higher limits apply for senior citizens and very senior citizens. It's advisable to consult with a tax advRead more
As of the financial year 2021-2022, the basic exemption limit for income tax in India is ₹2,50,000 for individuals below 60 years of age. Additional exemptions and deductions are available, and higher limits apply for senior citizens and very senior citizens. It’s advisable to consult with a tax advisor for specific details and update
See lessWhich stocks should be held for a longer period of time?
Stocks suitable for longer-term holding typically have strong fundamentals, sustainable business models, growth potential, and industry leadership. Look for companies with proven track records, financial stability, and dividend payments, such as blue-chip companies like Apple, Microsoft, Amazon, AlpRead more
Stocks suitable for longer-term holding typically have strong fundamentals, sustainable business models, growth potential, and industry leadership. Look for companies with proven track records, financial stability, and dividend payments, such as blue-chip companies like Apple, Microsoft, Amazon, Alphabet, Johnson & Johnson, and Berkshire Hathaway. However, conduct thorough research and consider your investment goals and risk tolerance before investing.
See lessWhat exactly is PDS bill and how is it calculated?
The PDS (Public Distribution System) bill is a document that outlines the subsidized food grains and essential commodities distributed to eligible households through government-run fair price shops. It is calculated based on the quantity of food grains and commodities purchased by the government atRead more
The PDS (Public Distribution System) bill is a document that outlines the subsidized food grains and essential commodities distributed to eligible households through government-run fair price shops. It is calculated based on the quantity of food grains and commodities purchased by the government at minimum support prices (MSPs) and the costs incurred in procurement, storage, transportation, and distribution. The bill includes factors such as procurement costs, storage charges, transportation expenses, administrative costs, and subsidies provided to beneficiaries.
See lessWhat programming language is named after a type of Indonesian coffee?
The programming language named after a type of Indonesian coffee is "Java."
The programming language named after a type of Indonesian coffee is “Java.”
See lessA blue wavy line in Microsoft Word indicates which error?
It's often used for issues like inconsistent formatting, wordiness, or possible improvements in sentence structure
It’s often used for issues like inconsistent formatting, wordiness, or possible improvements in sentence structure
See lessWhat app has a green owl as the mascot?
The app with a green owl as the mascot is "Robinhood." Robinhood, a popular investment and stock trading app, features a green owl as its mascot/logo.
The app with a green owl as the mascot is “Robinhood.” Robinhood, a popular investment and stock trading app, features a green owl as its mascot/logo.
See lessWhat smartphone app was founded by a father and son duo to promote incremental and passive investing?
The smartphone app founded by a father and son duo to promote incremental and passive investing is "Acorns." Acorns was created by father and son Walter and Jeff Cruttenden in 2012. It's a micro-investment app that automatically invests users' spare change from everyday purchases into diversified poRead more
The smartphone app founded by a father and son duo to promote incremental and passive investing is “Acorns.” Acorns was created by father and son Walter and Jeff Cruttenden in 2012. It’s a micro-investment app that automatically invests users’ spare change from everyday purchases into diversified portfolios of ETFs (Exchange-Traded Funds)
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