I am an indian salaried person.Stock trading is my hobby and earning from this is my second income.…
I am an indian salaried person.Stock trading is my hobby and earning from this is my second income.My broker says an Indian Citizen can do share trading in NYSE. But I don't know about Tax implication of this. I think this will be treated as capital Gains tax in India. But if I do trading in shares, will this still be considered as capital Gains tax or this will fall under Income Tax as per salaried person. Also will this have tax implication at US? Shall I be responsible for paying tax return in US?
https://www.taxfull.com/6305/tax-implication-on-overseas-share-trading-at-nyse
