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ProStocks Monthly Trading Plan
Trade unlimited in Equity and Futures & Options at a fixed monthly cost. Includes advanced order types across Web, Mobile, and Desktop.
💡 Save more with Monthly Plans: fixed brokerage, unlimited orders—no caps. Compare monthly plan vs per-order brokerage with our Brokerage Savings Calculator
Plans & Pricing
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Plan |
Coverage |
Price (per month) |
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Single Exchange Plan |
Unlimited trading in NSE or BSE (choose one) |
₹899 |
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Dual Exchange Plan |
Unlimited trading in both NSE & BSE |
₹1,798 |
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API + Unlimited Plan |
API access + Unlimited trading in NSE & BSE |
₹2,898 |
All prices are exclusive of statutory taxes and regulatory levies.
The U.S. administration announced changes to the H-1B visa program, including a one-time $100,000 fee for new petitions. Since Indian IT companies are major users of H-1B visas, investors should understand potential effects on sector margins, earnings visibility and market sentiment. The White House clarified this fee applies only to new petitions, not renewals.
Key Policy Highlights
- $100,000 fee applicable from 21 Sep 2025 for new H-1B petitions.
- No impact on existing visa holders or regular renewals.
- Expected recalibration of prevailing wages; priority to higher-paid roles.
- National interest waivers possible for critical roles.
What this means for Indian IT companies
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Operating costs
Higher upfront visa expense; possible margin pressure if costs cannot be passed to clients.
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Hiring strategy
More local U.S. hiring for client-facing roles; stronger reliance on offshore delivery centers in India.
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Client contracts
Potential renegotiations or clauses that allocate immigration/compliance costs between vendor and client.
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Sector sentiment
Short-term valuation volatility as markets price regulatory uncertainty; long-term effects depend on business model changes.
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How this matters for equity investors
- Expect short-term volatility for stocks with high onsite staffing models.
- Firms with a higher offshore delivery mix may be relatively better positioned.
- Watch for cost pass-through clauses in client contracts and management commentary during earnings calls.
- Policy developments and India–U.S. diplomatic engagement will influence sentiment and risk premium.
Conclusion
The H-1B changes are a reminder of regulatory risk for sectors dependent on cross-border talent mobility. For equity investors, the focus should be on monitoring company disclosures, margin sensitivity to incremental costs, and management actions to mitigate exposure — rather than reacting hastily. This note is informational and does not provide investment advice.
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Can NRIs apply for IPO with UPI?
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Applying for IPOs in India has become much simpler with the introduction of UPI. The National Payments Corporation of India (NPCI) has recently extended UPI facilities to Non-Resident Indian (NRI) clients, allowing them to use their NRE or NRO bank accounts with international mobile numbers linked to UPI. From May 2025 onwards, NRIs can apply for IPOs up to ₹5,00,000 (₹5 lakh) through UPI. This development makes IPO participation faster and more convenient for global investors. |
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Step 1: Eligible Countries for UPI
NRIs residing in the following 12 countries can link their international mobile number to UPI for IPO applications and other transactions:
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Step 2: Banks Allowing UPI for NRE/NRO Accounts
The following 16 banks are live on UPI for NRIs with NRE/NRO accounts and international mobile numbers:
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Step 3: Creating a UPI ID
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Step 4: Applying for IPOs via ProStocks
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| © 2025 ProStocks. All rights reserved. | www.prostocks.com |
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Infosys Buyback:
The entire amount received in buyback is taxed as deemed dividend (Income from Other Sources) at slab rates; your share’s cost becomes a capital loss that can be set off/carry-forward. Overall tax outgo is usually higher than capital gains tax. Record date & tender window: To be announced. Article updated when company publishes dates.
Price, Dates & Deemed Dividend Tax Explained
Corporate Action | ProStocks Client Communication | Last updated: 16 Sep 2025
Key Buyback Details
| Company | Infosys Limited |
|---|---|
| Buyback Size | ₹18,000 crore |
| Buyback Price | ₹1,800 per share |
| Maximum Shares | 10,00,00,000 equity shares (≈2.41% of paid-up equity) |
| Route | Tender offer (proportionate acceptance; unaccepted shares remain in demat) |
| Record Date | To be announced |
| Tendering Start | To be announced |
| Tendering End | To be announced |
| Status | Board approved on 11 Sep 2025; detailed timelines pending. |
Tax Treatment (Deemed Dividend)
- Entire proceeds taxed as dividend: The full amount you receive in the buyback (₹1,800 per accepted share) is taxed as deemed dividend under the head Income from Other Sources, at your applicable slab rate.
- Cost of acquisition becomes capital loss: Your original purchase cost of the accepted shares is treated as a capital loss. You may set it off against existing capital gains or carry it forward as per the Act.
- TDS on payout: The company deducts tax at source on the gross payout (typically 10% for residents; for non-residents generally 20% + surcharge + cess, subject to DTAA relief). The exact TDS shown in your contract note/payout advice should be used while filing the return.
- Slab-rate example (for illustration):
- If 100 shares are accepted → Proceeds = 100 × ₹1,800 = ₹1,80,000.
- This ₹1,80,000 is added to your total income and taxed per slab:
Slab Rate Tax on ₹1,80,000 10% ₹18,000 20% ₹36,000 30% ₹54,000
- Return filing — what to do:
- Report buyback proceeds under Income from Other Sources.
- Claim the TDS shown by the company against your final tax liability.
- If your slab tax exceeds TDS, pay the balance; if TDS exceeds liability, claim a refund.
- Report the capital loss (your cost of acquisition) for set-off/carry-forward as permitted.
- Important: Deemed dividend taxation typically results in a higher effective tax than normal capital gains (15% STCG / 20% LTCG with indexation). Compare post-tax outcomes before deciding to tender.
This is a general educational summary; please consult your tax advisor for personalised guidance.
Should You Tender?
Pros: Fixed ₹1,800 price (often at a premium); proportionate acceptance; unaccepted shares remain with you.
Caution: Since the entire proceeds are taxed as deemed dividend at slab rates, your post-tax benefit may be lower than selling on NSE/BSE where capital gains tax applies.
Wait for the Record Date and Tender Window announcement. Re-check acceptance ratios and compute post-tax outcomes before taking a call.
© ProStocks. Infosys buyback details as per company disclosure (11 Sep 2025). Dates pending announcement. This blog is for educational purposes only and is not investment advice.
Dear Client,
As part of SEBI and Exchange directives (Ref: NSE/INSP/68566, dated June 16, 2025), we at ProStocks would like to inform you about the updated regulatory framework regarding the offering of third-party products (TPPs) through our platform or any related application.
What You Need to Know
- Only Regulated Products: We will only offer products that are regulated by SEBI or other financial regulators like IRDAI, PFRDA, or RBI.
- Disclosure & Transparency: All third-party products will be displayed under a separate tab/page with full details including the name of the product and the registration number of the regulator.
- Your Data is Secure: Your personal and trading data will remain secure with us. It will not be shared with any third-party provider without your explicit, opt-in consent.
- Payments Stay Direct: Any payments you make for third-party products will go directly to the product provider. Funds will not pass through ProStocks unless explicitly allowed by regulators (like for NPS).
- No Bundling or Mandates: You are under no obligation to use any of the third-party offerings. These are entirely optional and not linked to your trading account.
- No Tripartite Agreements: ProStocks will not be a party to any agreement you enter into with a third-party product provider.
- Login Security: Access to the broking section of our app or platform will always be protected by two-factor authentication (2FA), as mandated by SEBI and stock exchanges.
For Your Protection
We want to ensure you are empowered with choice, and protected by regulation. Our platform is committed to providing you with a seamless and secure experience — whether you're trading or exploring optional financial services.
For any questions or concerns, feel free to reach out to our support team.
Warm regards,
Team ProStocks