Re: HOW DID I DEPOSIT TO BROKER IN LEGAL WAY?
Absolutely with you on this point!
I have never went out of the jurisdiction on govt of India in dealing with this issue and recommend no one break to break any law in India .
This thread is dedicated to answering and helping on forex trading in A LEGAL way and so be it!
Thanks Bee
Regards Pipshower
Pipshower
There are many ways to send money abroad and open a forex account which does not require too much skill or expertise. You have earned your money abroad and spending as you wish is outside the ambit of Indian jurisdiction. Main question is resident Indian cannot use INR earned in India and send it abroad for Forex trading which makes it a speculative spending which is not allowed by RBI regulations, I think.
We have to discuss ways of doing trading on this public forum keeping in mind the laws of the land.
Bee
There are many ways to send money abroad and open a forex account which does not require too much skill or expertise. You have earned your money abroad and spending as you wish is outside the ambit of Indian jurisdiction. Main question is resident Indian cannot use INR earned in India and send it abroad for Forex trading which makes it a speculative spending which is not allowed by RBI regulations, I think.
We have to discuss ways of doing trading on this public forum keeping in mind the laws of the land.
Bee
Absolutely with you on this point!
I have never went out of the jurisdiction on govt of India in dealing with this issue and recommend no one break to break any law in India .
This thread is dedicated to answering and helping on forex trading in A LEGAL way and so be it!
Thanks Bee
Regards Pipshower