{"id":89029,"date":"2026-09-24T18:31:18","date_gmt":"2026-09-24T18:31:18","guid":{"rendered":"https:\/\/mudrex.com\/learn\/?p=89029"},"modified":"2026-09-24T19:08:18","modified_gmt":"2026-09-24T19:08:18","slug":"how-to-buy-palantir-stock-in-india","status":"publish","type":"post","link":"https:\/\/mudrex.com\/learn\/how-to-buy-palantir-stock-in-india\/","title":{"rendered":"How to Buy Palantir (PLTR) Stock in India: Step-by-Step"},"content":{"rendered":"\n

How to Buy Palantir (PLTR) Stock in India?<\/strong><\/h1>\n\n\n\n

You can buy Palantir from India in a few minutes, starting with as little as \u20b9100! The fastest route is tokenized spot buying on Mudrex, where you buy PLTRB with rupees and skip the overseas account entirely. <\/p>\n\n\n\n

If you want the actual US share instead, the process takes longer and runs through the RBI’s Liberalised Remittance Scheme (LRS).<\/p>\n\n\n\n

This guide covers both, starting with the quicker one. If you are new to Palantir, begin with our <\/a>complete guide to Palantir (PLTR) stock.<\/a><\/p>\n\n\n\n

Before You Buy: What PLTRB Actually Is<\/strong><\/h2>\n\n\n\n

PLTRB is a tokenized version of the Nasdaq-listed share, issued by BTECH Holdings Ltd. Each token is issued against a real share held by a regulated US broker-custodian, and the backing is published daily.<\/p>\n\n\n\n

What you get is price exposure and 24\/7access. One must note that the US markets are closed on the weekends – however, that doesn\u2019t matter with tokenised stocks.<\/p>\n\n\n\n

What you don’t get is legal ownership of the share or voting rights. <\/p>\n\n\n\n

Mudrex states this plainly in its tokenized US stocks announcement<\/a>. If owning the share itself matters to you, skip ahead to the LRS section.<\/p>\n\n\n\n

How to Buy Palantir Tokenized Stock on Mudrex in 5 Steps<\/strong><\/h2>\n\n\n\n

Step 1: Create your Mudrex account<\/strong><\/h3>\n\n\n\n

Sign up on the Mudrex app or website. Account creation takes a few seconds.<\/p>\n\n\n\n

Step 2: Complete KYC with Aadhaar and PAN<\/strong><\/h3>\n\n\n\n

Mudrex is registered with FIU-IND, India’s Financial Intelligence Unit, so identity verification is mandatory. Keep your Aadhaar and PAN handy before you start.<\/p>\n\n\n\n

Step 3: Add INR to your account<\/strong><\/h3>\n\n\n\n

Deposit INR using the options shown in the app. There is no currency conversion on your end and no foreign remittance involved.<\/p>\n\n\n

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\"how<\/figure>\n<\/div>\n\n\n

Step 4: Find PLTRB on Spot<\/strong><\/h3>\n\n\n\n

Search for Palantir (PLTRB) in the Spot section under tokenized US stocks. Check the live price against the Nasdaq quote before you order, especially outside US market hours.<\/p>\n\n\n\n

Step 5: Buy once or start a SIP<\/strong><\/h3>\n\n\n\n

Enter the amount you want to invest, review the quantity and trading fee, and confirm. You can also set up a daily, weekly or monthly SIP in PLTRB<\/a> from \u20b9100, which spreads your entry price over time.<\/p>\n\n\n\n

Palantir Stock Costs and Tax on the Tokenized Route<\/strong><\/h2>\n\n\n\n

Every trade carries a trading fee, shown before you confirm. Because you pay in rupees on an Indian platform, the LRS limit and TCS on foreign remittances don’t come into play.<\/p>\n\n\n\n

Tax is where this route differs most. Tokenized stocks are treated as virtual digital assets (VDAs). Gains are taxed at a flat 30% plus cess, 1% TDS is deducted on transfers, and losses cannot be set off against other income. The Income-tax Act, 2025, in force since 1 April 2026, renumbered these provisions but kept the rules the same. Our explainer on how tokenized US stocks are backed and regulated in India<\/a> covers this in more detail.<\/p>\n\n\n\n

Example:<\/strong> You invest \u20b910,000 and later sell for \u20b913,000.<\/p>\n\n\n\n

Item<\/strong><\/td>Calculation<\/strong><\/td>Amount<\/strong><\/td><\/tr>
Gain<\/td>\u20b913,000 minus \u20b910,000<\/td>\u20b93,000<\/td><\/tr>
Tax at 30%<\/td>30% of \u20b93,000<\/td>\u20b9900<\/td><\/tr>
Cess at 4%<\/td>4% of \u20b9900<\/td>\u20b936<\/td><\/tr>
Total tax<\/td>\u20b9900 plus \u20b936<\/td>\u20b9936<\/td><\/tr>
TDS deducted on sale<\/td>1% of \u20b913,000<\/td>\u20b9130 (adjusted against the \u20b9936)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

How to Buy the Actual PLTR Share Through LRS<\/strong><\/h2>\n\n\n\n

If you want to own the share outright, you’ll go through a broker and remit money abroad.<\/p>\n\n\n\n

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  1. Pick an LRS-enabled broker.<\/strong> This can be an Indian app partnered with a US broker, or a US broker that accepts Indian residents.<\/li>\n\n\n\n
  2. Complete the broker’s KYC.<\/strong> Expect to provide PAN, address proof and bank details.<\/li>\n\n\n\n
  3. Remit dollars under LRS.<\/strong> Your bank processes the transfer against your PAN. Per the RBI’s LRS FAQ<\/a>, you can send up to USD 250,000 per financial year.<\/li>\n\n\n\n
  4. Account for TCS.<\/strong> Investment remittances above \u20b910 lakh in a financial year attract 20% TCS on the excess. It is not an extra tax and can be claimed in your ITR, but it locks up cash in the meantime.<\/li>\n\n\n\n
  5. Buy during US market hours.<\/strong> Place your order in dollars. Many brokers support fractional shares.<\/li>\n<\/ol>\n\n\n\n

    On this route, gains on shares held longer than 24 months are taxed at 12.5%, while shorter holdings are taxed at your slab rate. You’ll also report the holding in your ITR’s foreign assets schedule. Forex conversion and wire charges apply on top of brokerage. There is a ton of paperwork to be done via this route, which can be troublesome for the reader.<\/p>\n\n\n\n

    What about GIFT City?<\/strong><\/h3>\n\n\n\n

    You can also trade US stock receipts on NSE IX in GIFT City<\/a> through an IFSC broker, funded under LRS. The list of available receipts is limited, so confirm PLTR is on it before opening an account.<\/p>\n\n\n\n

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    Common Mistakes When Buying Palantir Stock<\/strong><\/h2>\n\n\n\n

    A few errors show up again and again with first-time buyers.<\/p>\n\n\n\n