London Stock Exchange · Healthcare
Invest in MedPal AI stock from India
Indian and foreign residents can buy MedPal AI (MPAL) shares directly through Paasa.
By Paasa · Updated
MedPal AI at a glance
- Price
- £0.08+£0.00 (4.14%)
- Market cap
- £58.67M
- Day range
- £0.07 – £0.08
- P/E
- —
- Dividend yield
- None
- Volume
- 30.45M
- 1 month
- +73.56%
- 6 months
- +217.23%
- YTD
- +47.17%
- 1 year
- -13.71%
- 5 years
- +16.15%
How to invest in MedPal AI from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search MPAL and buy
Find MedPal AI by name or by its ticker, MPAL, and place your order.
Why invest in MedPal AI from India
What MedPal AI does
MedPal AI PLC operates as a digital health and artificial intelligence company focused on wellness management in United Kingdom. The company's application aggregates data from wearable fitness trackers or health apps, such as Apple Health, Google Fit, Whoop, Fitbit, and Garmin into a unified health profile, enabling personalized lifestyle recommendations through its AI wellness coach, as well as operates as a non-clinical wellness facilitator. MedPal AI operates in the Medical - Healthcare Information Services industry within the Healthcare sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Here's what inheritance rules in the UK mean for your MedPal AI shares.
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.
Frequently asked questions
Can I buy MedPal AI stock from India?
Yes. Indian residents and NRIs can buy MedPal AI (MPAL) shares directly through Paasa. MedPal AI is listed on the London Stock Exchange, in the Medical - Healthcare Information Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are MedPal AI dividends taxed for Indian investors?
MedPal AI does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the UK levies 0% withholding tax on company dividends paid to non-residents, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell MedPal AI shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
What happens to my MedPal AI shares if I pass away?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at MedPal AI alone.
Is there stamp duty when I buy MedPal AI shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.