sir iam trading in forex trading with international brokers not in Indian brokers forex trading incomes is taxable ? How can I pay tax.
(currency trading EURUSD) iam using with Skrill e wallet for international transactions deposit and withdraw . iam registered with outside Indian brokers so it's income is taxable or not how can I show proofs ?
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TAXATION FOR currency trading
Replies (1)
If you are RESIDENT INDIAN as per IT act, your total global income is taxable in India, subject to rebate of tax paid in foreign country, if any.
Get statement from your broker for income calculation.
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