How can we invest in Us stock through gift City.is there any restriction
Or any other brokers in India that is good to use like zerodha and who gave ready to upload pdf for tax purpose
Hello @Raghu
True, GIFT City is an exciting, regulated way to invest in US stocks from India without opening a US broker account, but you’re still bound by annual remittance limits and product availability varies.
LRS still applies: If you’re a resident Indian, you can invest up to USD 250,000 per financial year under RBI’s Liberalised Remittance Scheme even through GIFT City. So you’re not exempt from that overall limit just because the transaction goes through IFSC.
Most of the platforms that support US investing (through IFSC or direct overseas routes) provide ready-to-download tax/transaction PDFs that help with year-end filing.
Hope, this helps!