Here’s how to buy Apple and other foreign stocks - News Summed Up

Here’s how to buy Apple and other foreign stocks


There is clearly a case for diversifying through international stocks and if, like Sriram, you are interested, here’s how to go about it. How you can investBrokerages: A number of large Indian brokerages have tie-ups with foreign brokers to facilitate investment in foreign stocks. You can open an account for foreign stocks through them. Taxation: Capital gains made through foreign stocks and funds are taxed in the same manner as debt mutual funds in India. However, if you have a large investible surplus and are willing to take additional risk, investing in foreign stocks will widen your choices.


Source: Mint November 18, 2019 00:33 UTC



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