Trading Forex Companies
Is the Indian government's permission required for trade in foreign currency. "
If the permission required to send the Indian Govt $ 1000 – $ 2000 U.S. currency (Forex), if yes, where and how to start? And when investments earn profit, and brought back to India I pay taxes at all, if so, what and how much tax? In short, what Indian law says that if a citizen wants funding for U.S. companies to send to the Forex and pursue the profit generated.
I'm trading in the Forex market in India with http://www.finexo.com/, this is a business partner of the Danish Saxo Bank, headquartered in Dusseldorf, Germany with the U.S. currency giant and never had problems. What I gain is credited to my bank account on behalf of Indian Finexo trading. The tax is withheld at source as income is the government of India leads the returnees.
Trading Forex Pairs with oil
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Filed under: Trading Forex
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