Is this legally allowed or is there any other way I can give him the money. In India, any gift from non-relative is taxable and included in income. Money sent from abroad of tax paid income earned outside India is not taxable. Myanmar Bank account shows money debited but it is still not credited in my ICICI Bank Account. I am currently an NRI in the US and trade Traring for a hedge fund i. Since now, I am Resident Indian for the FY for income tax purpose, do I have to pay tax exchhange my lottery winnings? If I understand you right.

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What Is Leverage Explained Forex Trading

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