i live in India from birth. I have opened a International Bank account in London and especially for the Purpose of Forex Trading. My friend Deposited his money there who lives there as uk citizen.
And I started doing trading from India but my all transaction places in uk and their bank.
I want to know where will i have to pay taxes on my income India or Uk?
If i transfer money in inda, then i have to pay tax again?
Well, it is kinda related to trading. Usually, the tax is payable in the country where the subject of the tax resides more than a half of the year.
I see. Then the problem is not the tax.
OK, then you do NOT pay taxes in Britain, but rather in India (unless you founded the Ltd. for you in Britain).
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