TCS: a timing cost, not a fee
Above ₹10 lakh of cumulative LRS remittance in a financial year, 20% is collected at source. It is credited against your tax when you file your return; until then the money is out of your hands.
How TCS is creditedUS equities & ETFs · for residents of India
You are allowed to. The Reserve Bank’s Liberalised Remittance Scheme lets a resident individual send up to $250,000 abroad each financial year, across all permitted purposes combined, from their own funds; investing in listed overseas securities is one of the permitted purposes.

Rising todayPrices delayed 15 minutes · For live prices, open the terminal (opens in a new tab)
Loading the day’s movers.
You do not have to begin at a screener full of tickers. Begin at a name you already use, and the indicator beside them will quote it.
Companies shown are for illustration only and are not recommendatory.
Pick a company.
Its latest price (delayed 15 minutes) and the day’s move will appear here.
A terminal that shows the numbers behind a company.
The price (delayed 15 minutes), the day’s range, volume and financial ratios for the company you pick, on one page. Not every figure is available for every company.
Coverage · thousands of US-listed stocks and ETFsThe schedule is published in full before you trade. Your bank’s currency conversion is not included — the rate and margin are set by your remitting bank, not by us.
Below about $345 a trade, the US$1 minimum per trade, plus IGST, is larger than 0.29% and becomes the cost that matters: a very small order pays proportionally more than a larger one.
FINRA’s per-share fee on sales is $0 for trades from 1 October to 31 December 2026 and returns to $0.000195 per share sold from 1 January 2027. It is excluded from the calculator because it depends on share count rather than trade value. The full schedule
The trade is the easy part. These four are what a first-time buyer usually finds out afterwards, so they are here instead.
Above ₹10 lakh of cumulative LRS remittance in a financial year, 20% is collected at source. It is credited against your tax when you file your return; until then the money is out of your hands.
How TCS is creditedGains are taxed at your slab rate if you sell within 24 months, and at 12.5% (without indexation) after that, plus surcharge and cess. The ₹1.25 lakh exemption that applies to Indian listed equity does not apply here.
How the tax worksUS dividends are withheld at 25% when a Form W-8BEN is on file, otherwise 30%. You can claim the US tax already paid as a Foreign Tax Credit under the DTAA, up to the Indian tax on that dividend; if your slab rate is below 25%, part of it cannot be recovered.
Claiming the creditIf you are resident and ordinarily resident in India, you disclose these holdings each year in Schedule FA of your income-tax return (calendar-year basis). That includes years you did not trade.
What Schedule FA needsWhy investors look abroad, the instrument and how global investing fits a portfolio — from our own desk, in the order a first-time investor needs them.
Opening costs nothing and closes nothing off. You can hold the terminal open beside it and keep reading before you buy anything at all.