Hi,
I'm starting this topic to discuss about Forex Trading for Indian Residents,
Recently the RBI (Reserve Bank of India) have made a press release that forex trading is not permitted for indian residents.
Here are some quick links ..
http://www.rbi.org.in/scripts/BS_Pre...spx?prid=23941
http://articles.economictimes.indiat...-trade-portals
I would like some overview from Indian Traders who are trading from india about all this..
I would also like to know how to pay taxes for income from forex with light of these announcements from RBI. How do we pay the taxes from profits from forex, what do you guys do to pay taxes?
Thanks and i look forward to discussion about this...
Nick
I'm starting this topic to discuss about Forex Trading for Indian Residents,
Recently the RBI (Reserve Bank of India) have made a press release that forex trading is not permitted for indian residents.
Here are some quick links ..
http://www.rbi.org.in/scripts/BS_Pre...spx?prid=23941
http://articles.economictimes.indiat...-trade-portals
I would like some overview from Indian Traders who are trading from india about all this..
I would also like to know how to pay taxes for income from forex with light of these announcements from RBI. How do we pay the taxes from profits from forex, what do you guys do to pay taxes?
Thanks and i look forward to discussion about this...
Nick
To Your Success!!