What are fractional shares?
One of the unique things about the US stock
markets is that investors can own fractions of
stocks. Unlike in countries like India. So, you could
own 0.05 of Apple stock. Our brokerage partner
allows you to own as low as 0.0001 share of any
stock. This means shares can be purchased for
any investment amount and highly valued shares
are within reach.
What are the applicable taxes on gains and income in the US?
The two main streams of income from investments in stocks are dividend and capital gains.Dividend Income As per the India-US Double Taxation Avoidance Agreement (‘DTAA’), flat tax rate of 25% is applicable on dividend income earned, subject to ...