Also please Clarify whether it is LEGAL to carry on Forex Trading by Individuals under the scanner of RBI ( Reserve Bank of India)?????
Can a Indian Resident in India can trade in Forex Market through Online Trading Platforms?
Posted by admin on July 27th, 2010
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If you are in a big city, then go to the RBI branch and ask them. They are the right people to advise you .
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I hope this helps!
i think out of country transaction are restricted and liable to penalty tax say about 10% of turn over.
Yes, you can.
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