The company give $100k to trade Forex. But in India the forex is banned. But lots of people pay tax on the income.
Can anyone help me how. If I earn 50 lac in forex will i be in trouble. I read somewhere that my bank account might also banned
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Tax query on forex funded trading.
Replies (1)
If you are currently engaged in such trading, it is strongly advised that you consult a Chartered Accountant (CA) or a legal expert specializing in FEMA and international taxation immediately. They can help you assess your exposure and guide you on the necessary steps to mitigate your legal and financial risk.
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