Indian Investors

Anyone here able to open up an Indian SIP from here in the US?

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Look at HDFC’s ISA Account. Will let you invest in mutual funds as an NRI.

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Thanks, any tax implications in India? Would I have to file taxes there?

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Yes, of course there are tax implications. 10% for long term (if in excess of 100,000 INR per year) and 15% for short term gains

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And you can use that 10 or 15% as tax break in USA through double taxation treaty.

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I’ve never filed taxes before in India hence the question

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Do we need to file taxes in India if we are declaring any non salary income via FBAR, FATCA.

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