How is Income from forex trading taxable in India

keziah gundampati (3 Points)

15 August 2021  

If suppose a person from other country(not an NRI)  takes money from me and he invests in his forex account and does forex trading and gives me 50% of the profit earned. He sends me this money via third party payment systems like PayPal .

So how is income taxed in India ?

Also if I do forex trading with this amount will it be legal  ?