– India’s Largest Regional Retail Option Traders Summit (BOTS) organized by Traders Gurukul
– Resident Indians required to disclose foreign assets in their income tax returns
– Details of foreign assets to be reported in ITR forms ITR-2 or ITR-3
– Tax implications on US stocks and dividends for Indian investors
– Reporting requirements under Schedule FA for foreign assets and accounts
– Rate of exchange for converting foreign assets into Indian currency
– Requirement to fill out asset-liability schedule (Schedule AL) if total income exceeds Rs 50 lakh