New Delhi, Nov. 13 -- An Indian resident who manages to secure shares in Anthropic IPO will have to consider more than just the investment amount. The overseas investment will trigger tax collection at source (TCS) rules when money is remitted abroad, while any gains made from selling the shares will be taxable in India.

Anthropic, the artificial intelligence (AI) company behind Claude, is set to launch its IPO at a price of $70-$78 per share. The company will list on the Nasdaq Global Select Market on 19 November 2026 under the ticker symbol ANT. The offering includes Class A common stock, which investors will be able to trade on the exchange after listing.

For Indian investors, however, participation in the IPO (initial public offerin...