Hi,
Seeking expert advise on the following scenario:
I currently hold US stocks in an E-trade account. These RSU equity stocks were granted as part of my salary package and were fully vested in 2021. I would like to understand if I can sell these stocks and invest them in Indian equities or a managed portfolio kind of product. What would be the tax implications of doing so and is there a way I can be exempted from paying taxes or have my CG tax liabilities offsetted. Also, do I require to pay taxes both in the US and in India?
If anyone has knowledge on this or has handled such a matter previously, please get in touch. Thanks
Regards,
Laila
CAclubindia
