It is quite common that the trading of Forex violates the FEMA Act. Furthermore, traders in India often face difficulties with CFD and Gold trading. So, in this article, we will provide a strong solution to do Forex Trading legal in India along with zero tax. What is GIFT City in India? GIFT City in … Read more
The Income Tax Department has sent over 44,000 notices to individuals who bought and sold cryptocurrencies but did not disclose their income during ITR filing. The crackdown depicts a grave change of the way India tracks Virtual Digital Assets (VDAs). It also is an indication that authorities have more effective arms to monitor each crypto … Read more
In case you are an NRI, or a returning NRI, you must be cognizant of the foreign assets disclosure rule for NRIs. It is quite common that many are confused on what to report, when to report and the impact of it on ITR filing. This is a guide that tells you all in simple … Read more
India has developed a system of cryptocurrency taxation and other virtual assets. Any trader, gift giver and investor should know the operation of Digital assets tax India, crypto tax in India, TDS and ITR regulations. This is a clean and simple explanation of everything. What Counts as a Digital Asset in India? In the Indian … Read more