tag:blogger.com,1999:blog-3202774368551476669.post6370709386858967022..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: Trading in Currency Futures permitted on Indian Stock ExchangesUmakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3202774368551476669.post-49153545177415979152009-10-19T18:37:34.119+05:302009-10-19T18:37:34.119+05:30Hi,Would you know the income tax rules/payable on ...Hi,Would you know the income tax rules/payable on income generated from currency futures trading.I've recently commenced and would like to be wary of what I'm stepping in to.Was informed by the futures' website that annual profits of USD 25000 and under were not taxable.Is this true?If so,are you aware of any RBI(FEMA) rule I could look up?<br />Thank you.<br />C.KartikAnonymoushttps://www.blogger.com/profile/00942989843133505903noreply@blogger.com