Hello all,
We all have been having this discussions about the legality of forex trading.
Some ppl say its legal some its not.
I think we all know the following things.
1- Forex trading is illegal in india , we cannot do it openly.:annoyed:
2- We all know many ppl from india are doing it and many traders who are member of this forum are also trading.:clap:
3- We all know that these traders know all the methods of deposits and withdrawls and know how to bypass
the rules of RBI.
4- Those traders who must be making good profits must have been providing a solid reason of this income to the income tax department every year coz they cannot tell that this income is from forex.
Rather than focussing or discussing its legality we should concentrate on the solution.:thumb:
So its my big big request to all these traders to pls pls come forward and help ppl by guiding in
what to do ?
If these traders just tell what i did mention above ,the details of deposit withdrawl methods, what to say to
IT ppl,what reasons to give for every transaction etc etc.
i m quite sure everybody who has doubt about these things will b highly grateful to the seniors.
Pls all the senior members come fwd and help us.
We all have been having this discussions about the legality of forex trading.
Some ppl say its legal some its not.
I think we all know the following things.
1- Forex trading is illegal in india , we cannot do it openly.:annoyed:
2- We all know many ppl from india are doing it and many traders who are member of this forum are also trading.:clap:
3- We all know that these traders know all the methods of deposits and withdrawls and know how to bypass
the rules of RBI.
4- Those traders who must be making good profits must have been providing a solid reason of this income to the income tax department every year coz they cannot tell that this income is from forex.
Rather than focussing or discussing its legality we should concentrate on the solution.:thumb:
So its my big big request to all these traders to pls pls come forward and help ppl by guiding in
what to do ?
If these traders just tell what i did mention above ,the details of deposit withdrawl methods, what to say to
IT ppl,what reasons to give for every transaction etc etc.
i m quite sure everybody who has doubt about these things will b highly grateful to the seniors.
Pls all the senior members come fwd and help us.