soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
Sir, I was in Dubai more then a 15 years working like a donkey and earning hard money and running family, but I am in India now and living my life like a king.... I love my India.
I have also shifted to Dubai, Crypto is not allowed by banks here. Banks in Dubai still don't like crypto, but yes apart from banks crypto is accepted in the economy
@@revanthshahukaru7883 Pallapay is not a bank. it's just an exchanger where you can exchange your crypto with AED or vice versa. Banks are clearly saying not to deal in crypto. that's the fact, I have accounts in 2 biggest banks in dubai i.e First Abu Dhabi Bank and Emirates NBD Bank. May be in 1-2 years system will be in place for banks to deal with crypto transaction
@@revanthshahukaru7883 palapay gives you cash because i have been there 2-3 times, but i will confirm again from them whether ther transfer to bank or not
Great information except one thing. You are comparing tier 2 or tier 3 cities with Dubai. A fair comparison would be between mumbai and Dubai, where the rent and electricity is very very expensive for a 2 bhk with ac the bill comes 14-15k in mumbai and the rent for a 750 sqft 2 bhk is 80000 inr
@@Vtube123If you talking about policy then If you don't pay tax in India how the government will run country of this much huge population Dubai has oil reserves and less population so no taxes
Dubai is expensive but., it lead a luxury life., instant of loathing Indian tax 30%+4%.. If I earn 1cr in India., I have to pay 35Lkh as tax., on that matter in dubai if spend 2Lkh per month, it will be around 24lkh, it's saved nearly 10lkh and lead life as Luxurious.... Think about it...
Standard of living in Mumbai is horrible. No rules on roads max time goes in traffic, no proper roads, medical cost is high.tax are high and no quality of life.
@@spgangamohan you can get freelance visa in Dubai for cheaper price and get UAE residence. Once you get residence you can open bank account and start trading.
@@SoorajO kya hum nri rehke jaise 6-7 month dubai mein aur baki ke india mein aaise kare to jo FnO mein taxes hai woh 0% ho jayenge koi bhi country mein 6 mon se jyada rahe to NRI ho jayenge to bro aaisa kar sakhte hai ? aur bro iss videeo mein jo bataya hai living expense jyada hai india ke tax se woh sach hai kya ? aap konse market mein trade karte ho ?
@@jayneel3137 well, Dubai is very expensive in my opinion. People believe it's tax free and they can save alot of money 💰 but the same way the life and life style is very expensive. For INR 30,000 you can easily live India with WiFi and a small room but Dubai you need at least 60,000 INR to 90,000 INR for room , WiFi , water and electricity.
Sir it’s good to see that u r giving good knowledge to people about Dubai ..everything u said is good sir but one line 17:27 u said it’s hurt that u r not living in India so u don’t care about India .. Never forget the country from where u belong no matter where u r living now nd how much u r earning .. God bless u 😇 I wish u more success
Wring info. FPIs do not have to pay any tax in Bharath if the profit is coming from derivatives. if the profit is from cash market, then, FPIs are still taxed in India.
Dubai is very very expensive for a average trader or a trader who is making 2to 3lakh per month he is like a begger in dubai but in india he is a king.
Dubai is very expensive. DUBAI INTERNET COSTS 15000 PM TV CHANNELS COST5000 PM WATER BILL POWER BILL 12000 RS PM FOR power n water house rent 1.5 lakh pm in dubai iphone is cheap in dubai
Agar ek 1 cr rupee india main kamayenge toh 40 lakh ke karib tax barna parga income tax GST sab kuch mila kr aur agar dubai main 1 cr kamayenge toh kitna kharcha hoga mushkil se dubai main 15-20 lakh
Sir, We love our own country "India" and no plan to move out. Bhai Bahar ja kar waha rahna buri bat nahi lakin bahar ja kar yeah show karna ki Dubai itna acha hain aur India itna bura hain bilkul galat. Bhai don't forget you still remain an India even if you are now settled in Dubai. Always rember " Jo log apni matrbhumi ki ijat nahi karte, unki ijat kahi bhi nahi hoti". Bhai koi gyan nahi apke liye lakin jo laga woh btaya. You are happy there be it and let me tell you with all the restrictions here and with all the difficulties and in your own language "chut****a" here, we are more than happy here. Jai Hind.
Please don't mislead , for a person like Tapas , income tax would be very high in India , even after paying all the monthly expenses in Dubai Tapas saves a hell lot of money 💰 .
You said: indian government like to stay people poor !!! You said absolutely 💯 right ❤❤❤ the way they retrain our money, voice, previcy...that to bad 👍... In india we can't spend our own money in freely..
Soam bahi, me abhi USA me hu, I'm in fintech domain. Me Dubai gya last November me, it was still very hot, me wha nhi reh skta Mera goal hai US stocks me algo trade krna from Dubai to save tax, but wha reh nhi skta, so can I run a company/firm in Dubai which trade in US stock and I live in any country?
Nice Info Soam bhai.. having said i heard there is a double taxation treaty signed between India and UAE and if NRI shows a Tax residency certificate of Dubai to Income Tax dept in India then there is no need to pay taxes in India for traders who trade in derivaties (F&O) in Indian Stock Market.... Can you please clarify the same???? Many Thanks..
Double Taxation only works if you are being taxed in 1 region and even then its only applicable if the taxes are higher than the Indian taxes. If you are paying 0 tax. Double Taxation doesn't come into effect. Don't listen to retarded people on youtube if u actually need advice.
i suggest make life simple. What you are asking is Income tax complicated question making the subject complex. Income accrued in India in taxable irrespective of place of taxpayer. Indian Income tax dept do not accept TRC of gulf countries and exempt you from taxation and so far derivation income, i dont think there is any scope for exemption.
i love my country no matter how much politics bad roads high taxations but nothing like it anywhere home is home and its meant to stay not leave it thats my perception being a trader
Bhai apki video bahot acha hai, apki video sa pahle mane kafi video dekha but mujha kuch right information nhi mila, apki es video sa mujha clearly information mil gaya hai
जब आप दुबई में रह के dow के options trade करते हैं तो क्या usa में भी tax liability बनती है ? please guide जैसा आपने बताया कि दुबई से nifty की कमाई का tax इंडिया में पे करना पड़ेगा
Brother I live in Pakistan I’m a Binary Trader I earn $150 to $200 USD per day. I’m planning to move in Dubai because I’m facing same issues that you were facing in your country. Please suggest me a good VISA so that I can apply. Thank you
Indian government thoda kam tax (like 1-5%) inpose karta, to sayad ye bade bade crypto traders se wo tax milte. Bade tax ke chakkar me India se sab bahaar ja rahe hai, economy aur kharab hota ja raha hai
goverment open economy nahi kar sakti because india me sabki income ek jaise nahi hai open economy me cheege bahot mehangi ho jaati hai isliye goverment sab jagah control rakhti hai
I am residing in India. Can I work as a forex trader online on salary to an NRI and receive my salary in my bank account in India ?. Is it illegal. Remember I am only trading for him and he deposits in Dubai from his Dubai account.
That is why stay in Dubai and setup company in Bahrain. It's hardly 60 minutes away from Dubai by flight. In Bahrain, personal and corporate income tax is 0. I'll setup in Bahrain after couple of years.
Pr Bhai suppose humne apni trading company Dubai registered kr do or hum rehata India he hai to. Or Dubai se apna Paisa India le aao max 10% cost lagagi
📈 If you are looking to move to Dubai or settle in Dubai, get a consulting slot here soam.link
damn those prices are lit soam sir🥵🥵
Do u can't withdraw your profit directly to your Dubai account
Please make a new video how a student can settle in Dubai , what about vizza
soam bhai ,I have spent lot of time learning binary trading and in another month or 2 i will make my 1st 1 crore so i am from india and i have no plans to shift to dubai or any other country,so will that amount be considered as illegal or if i pay tax on it by showing that income as income from other sources ,then therer will be no problem ,please clarify
bhak
Sir, I was in Dubai more then a 15 years working like a donkey and earning hard money and running family, but I am in India now and living my life like a king.... I love my India.
What you
do in dubai?
@@shashanksoni2024donkey labour
India doesn't have any opportunity
Bro it's just coz u don't the ability to make as much money in Dubai to afford that lifestyle in Dubai and moreover India has not much opportunities
Dubai is not for Middle class people
India is best for for middle class
13:36 Main topic starts from here
Hi bro
Thanks buddy
Thanks you saved my time
Thank you🙏🏻
kitna bak bak krta hai ye
18:16 India mai risk aapka hai profit aapka nai hai😂 reality is true 😂🎉
I have also shifted to Dubai, Crypto is not allowed by banks here. Banks in Dubai still don't like crypto, but yes apart from banks crypto is accepted in the economy
What about Pallapay in Dubai?
@@revanthshahukaru7883 Pallapay is not a bank. it's just an exchanger where you can exchange your crypto with AED or vice versa. Banks are clearly saying not to deal in crypto. that's the fact, I have accounts in 2 biggest banks in dubai i.e First Abu Dhabi Bank and Emirates NBD Bank. May be in 1-2 years system will be in place for banks to deal with crypto transaction
@@getabhi211 Right. But Doesn’t Pallapay transfer the AED to your Bank Acct.?
Is that going to be an issue?
@@revanthshahukaru7883 palapay gives you cash because i have been there 2-3 times, but i will confirm again from them whether ther transfer to bank or not
@@getabhi211 Sure. Thank you.
Soam bhai spitting Real truths of Indian Government
best hai, india me hi rehene me bhalai hai
@@senorperez not for forex and us market lovers
@@ancestor1041 bhai agar aap real trader honge na to ap banknifty se hi kama loge ye forex ke chakkar me padne ki koi jarurat nahi he
@@ancestor1041 aur forex se to jadahi profit nikalta he indian market me bas knowledge chahiye
Crypto currency me bhaut terror activities in India that's why
One of the biggest reasons to move to Dubai is quality of life and safety.
Exactly no doubt sir❤
When you have money
beta punishment usse bhi bara hota hai
Yes ❤
@@No.1trader-jn6cs chumtiya hai kya
Crime kiya to punishment bhi milega
Great information except one thing. You are comparing tier 2 or tier 3 cities with Dubai. A fair comparison would be between mumbai and Dubai, where the rent and electricity is very very expensive for a 2 bhk with ac the bill comes 14-15k in mumbai and the rent for a 750 sqft 2 bhk is 80000 inr
Totally agree 👍
One of the best video I have found so far for traders out there planning to move to Dubai. Thanks for the detailed video.
Gurgaon with 3 room apartments' in peak summer you get Electricity bill around 15000/ 20000( 2 months ) and water bill monthly 300 /400
True and rental price is also too high
In dubai summer is whole year 😂😂😂
I don't care how expensive is it.I only care Opportunities which Dubai provide.
Still I will live in India die in India and again reborn in India sare jahan sai acha hindustan hamara ❤
Main bhi yehi bolta agar mera bank balance bhi ₹576 hota ☺️
@@UneasyArpit 😂😂
Abe vo policy ko bol ra h , country ko ni
@@UneasyArpit Mera pnl mai tera pura khandan jayega 😂
@@Vtube123If you talking about policy then If you don't pay tax in India how the government will run country of this much huge population Dubai has oil reserves and less population so no taxes
Indians should be grateful toAmbani for Jio
Dubai is expensive but., it lead a luxury life., instant of loathing Indian tax 30%+4%.. If I earn 1cr in India., I have to pay 35Lkh as tax., on that matter in dubai if spend 2Lkh per month, it will be around 24lkh, it's saved nearly 10lkh and lead life as Luxurious.... Think about it...
Standard of living in Mumbai is horrible. No rules on roads max time goes in traffic, no proper roads, medical cost is high.tax are high and no quality of life.
Bhai gajab tumse achha koi nhi samjha sakta 100% real right video for moving India to dubai.
If you are earning 200cr in India individually then Dubai is for you.
5 lakhs is initial
I watched this video randomly and he's absolutely right because I'm also living in Dubai. I'm a trader too . Dubai is really expensive.
Hello sooraj ji ,
Is it necessary
Leave Indian citizenship for trading or residence in Dubai,
Please clarify,
thankyou
@@spgangamohan you can get freelance visa in Dubai for cheaper price and get UAE residence. Once you get residence you can open bank account and start trading.
@@SoorajO thankyou so much sir ji
@@SoorajO kya hum nri rehke jaise 6-7 month dubai mein aur baki ke india mein aaise kare to jo FnO mein taxes hai woh 0% ho jayenge koi bhi country mein 6 mon se jyada rahe to NRI ho jayenge to bro aaisa kar sakhte hai ?
aur bro iss videeo mein jo bataya hai living expense jyada hai india ke tax se woh sach hai kya ?
aap konse market mein trade karte ho ?
@@jayneel3137 well, Dubai is very expensive in my opinion. People believe it's tax free and they can save alot of money 💰 but the same way the life and life style is very expensive. For INR 30,000 you can easily live India with WiFi and a small room but Dubai you need at least 60,000 INR to 90,000 INR for room , WiFi , water and electricity.
Thank u somuch for sharing with us the DETAILS❤🙏
Sir it’s good to see that u r giving good knowledge to people about Dubai ..everything u said is good sir but one line 17:27 u said it’s hurt that u r not living in India so u don’t care about India .. Never forget the country from where u belong no matter where u r living now nd how much u r earning .. God bless u 😇 I wish u more success
Rightly said tht Indian government doesn't want us to make huge money n spend like anything.
Government ko chalane wale logo ka hi fayda hai bs.
but If you form a company registered in dubai and you are NRI to inida... trading in india then you are tax free....
Good information
Mentor,🙏🏻
Take one FLIGHT to india then go to BALI and Other places!! you ll save more than 50% in flights by giving some more time !
That's why I'm moving 50000dollar withdrawal liya bank account freez hogya 😢😢
Wring info. FPIs do not have to pay any tax in Bharath if the profit is coming from derivatives. if the profit is from cash market, then, FPIs are still taxed in India.
If price of internet charges in Dubai is so high (15k-20k) then why not u setup the same business (isp) in Dubai which u already hav in Odisha ?
Bhai ka youtube income unke barabar hai
1 no video brother thanks for the info
Dubai is very very expensive for a average trader or a trader who is making 2to 3lakh per month he is like a begger in dubai but in india he is a king.
Dubai is very expensive.
DUBAI INTERNET COSTS 15000 PM
TV CHANNELS COST5000 PM
WATER BILL
POWER BILL
12000 RS PM FOR power n water
house rent 1.5 lakh pm in dubai
iphone is cheap in dubai
Soam bhai you are very much inspiring personality.
Dusra youtuber ka video pe aapka comment dekh ke ye video dhundke dekha… thank you so much for such a frank information..❤
More than 90% of the traders in India are losing money. So how many traders are leaving India? Just a handful of them.
Lovely information, thanks for you're effort to make this video
Thank you sir ji ❤
Summary
Move to Dubai if you want crypto or forex trading
If doing just Indian market don't move and enjoy India.
Agar ek 1 cr rupee india main kamayenge toh 40 lakh ke karib tax barna parga income tax GST sab kuch mila kr aur agar dubai main 1 cr kamayenge toh kitna kharcha hoga mushkil se dubai main 15-20 lakh
Sir, We love our own country "India" and no plan to move out. Bhai Bahar ja kar waha rahna buri bat nahi lakin bahar ja kar yeah show karna ki Dubai itna acha hain aur India itna bura hain bilkul galat. Bhai don't forget you still remain an India even if you are now settled in Dubai. Always rember " Jo log apni matrbhumi ki ijat nahi karte, unki ijat kahi bhi nahi hoti". Bhai koi gyan nahi apke liye lakin jo laga woh btaya. You are happy there be it and let me tell you with all the restrictions here and with all the difficulties and in your own language "chut****a" here, we are more than happy here. Jai Hind.
Mast jankari di bhai
Please don't mislead , for a person like Tapas , income tax would be very high in India , even after paying all the monthly expenses in Dubai Tapas saves a hell lot of money 💰 .
Thank u❤ much needed info ✌️
You said: indian government like to stay people poor !!! You said absolutely 💯 right ❤❤❤ the way they retrain our money, voice, previcy...that to bad 👍...
In india we can't spend our own money in freely..
*privacy
Curruption
the best part 18:52 Soam bhai Op 👍😂
thanks me later
mai sab me trade karta hu forex, binary, crypto, stocks... bas profitable banna baaki hai.
Soam bahi, me abhi USA me hu, I'm in fintech domain.
Me Dubai gya last November me, it was still very hot, me wha nhi reh skta
Mera goal hai US stocks me algo trade krna from Dubai to save tax, but wha reh nhi skta, so can I run a company/firm in Dubai which trade in US stock and I live in any country?
Kuch pata chala ? Aur taxation ke bare me ? Main bhi US market me options trading karna chahta hun
17:18 line is heart touch❤
Sahi kaha bhai Akdam
Thank you for your honesty ........💖
Excellent video sir. 🙏🙏🙏
VIPS WALLET ceo shifted to dubai he has 10 lakhs investors
Clear information
You are a genuine guy man! Love you!!
Nice Info Soam bhai.. having said i heard there is a double taxation treaty signed between India and UAE and if NRI shows a Tax residency certificate of Dubai to Income Tax dept in India then there is no need to pay taxes in India for traders who trade in derivaties (F&O) in Indian Stock Market....
Can you please clarify the same????
Many Thanks..
Yes
yes
What is TRC ??? tax paid for the house in dubai or something else??
Double Taxation only works if you are being taxed in 1 region and even then its only applicable if the taxes are higher than the Indian taxes. If you are paying 0 tax. Double Taxation doesn't come into effect.
Don't listen to retarded people on youtube if u actually need advice.
i suggest make life simple. What you are asking is Income tax complicated question making the subject complex. Income accrued in India in taxable irrespective of place of taxpayer. Indian Income tax dept do not accept TRC of gulf countries and exempt you from taxation and so far derivation income, i dont think there is any scope for exemption.
Soam Sir great information...GOD BLESS U n UR FAMILY 💚love from chungkrang
i love my country no matter how much politics bad roads high taxations but nothing like it anywhere home is home and its meant to stay not leave it thats my perception being a trader
I want to live a life like you man . I love superbikes. One day I will .and I will give my 100% to achieve it 💖💖💖💖💖
Start 13:36
Ajj hi maine more than 50 video dhekha even aap kabhi flat and society ka video dhekha and finally i satisfied to this vedio
A very very informative video soam sir thanks now mind clear a very clear ❤❤❤ Love n respect from india 🇮🇳 Gujarat
Bhai apki video bahot acha hai, apki video sa pahle mane kafi video dekha but mujha kuch right information nhi mila, apki es video sa mujha clearly information mil gaya hai
Bhai jaganath nku amiti jata pathare rakhucha ... Ate paisha ochi ... Puja room gote re rakhuna ....🫰🙏
Soam bhai 👍 tuma video dekhi mora doubt clear heigala Dubai bisayare
Thanks for making this type of video 👍
जब आप दुबई में रह के dow के options trade करते हैं तो क्या usa में भी tax liability बनती है ?
please guide
जैसा आपने बताया कि दुबई से nifty की कमाई का tax इंडिया में पे करना पड़ेगा
Hi Soam bhai....Which crypto and forex trading platform do you use? My friend in Dubai wants to start trading. He is an NRI....
Thank you for clarifying on a few important myths
Yes baat sahi h bhaii india k joo bade business man h woo chate hi ye hi ki gaarib logh gaarib hi rahe
Well explained Soam bhaaay ❤❤
Brother I live in Pakistan I’m a Binary Trader I earn $150 to $200 USD per day. I’m planning to move in Dubai because I’m facing same issues that you were facing in your country. Please suggest me a good VISA so that I can apply. Thank you
Why only dubai if there are alot of countries also Provide same benefits?
Great information
Just watched the video,
I like it that you r showing both sides of the coin, and helps in making a decision to people who want to shift to UAE
bro very good information, soajena zindabad,
Yesterday I saw the previous video of yours in this topic and both are fabulous 😍❤️
Moving funds from India to Dubai for trading even under LBS is illegal right? How do we get funds from India to Dubai for trading? My only question
Feel like u in dubai for crypto or forex trading ?
Dubai chhod ke aur kaunsa country he jahan forex trading me tax nhi lagega
Very good knowledge ❤❤
So what is your real business? Financial Trader or something else
Indian government thoda kam tax (like 1-5%) inpose karta, to sayad ye bade bade crypto traders se wo tax milte.
Bade tax ke chakkar me India se sab bahaar ja rahe hai, economy aur kharab hota ja raha hai
Soam Bhai tell us about your all passive income sources.
How you started....
He have already discussed about this
Really insightful 💯💯
goverment open economy nahi kar sakti because india me sabki income ek jaise nahi hai open economy me cheege bahot mehangi ho jaati hai isliye goverment sab jagah control rakhti hai
Can I use Dubai's bank account to buy and withdrawal from prop firm?
Sir i live in ajman and a trader also. Would wish to meet you some day.✨💫
Best video soam bhai 😘😘
soam bhai what a knowledgable video
Ye to absolutely true hai India main bina bribe diye kuch kaam nahi hota hai.
ଭାଇ ଓଡ଼ିଆ ନବ ବର୍ଷ ର ହାର୍ଦିକ ଶୁଭକାମନା
ଭିଡ଼ିଓ ଟେ କଲନି ନୂଆ ବର୍ଷ ରେ
I am residing in India. Can I work as a forex trader online on salary to an NRI and receive my salary in my bank account in India ?. Is it illegal. Remember I am only trading for him and he deposits in Dubai from his Dubai account.
Absolutely Right bhai 👍🏻
Two legends in market Soam bhai and tapas bhai ❤
They are not legends.....they are just experts....... Actual Legends are Rakesh Jhun Jhun wala and Harshad Mehta.....🤟🥳
Hum bhi expert hai but itna capital nahi hai ki croce + kar sake😢
Soamjena khali algo bach raha he tapas is legend
@@anandpatel6940 apne such bola
@@anandpatel6940 sahi bola ekdum, never seen soam giving calls, but tapas is too good
Soam bhai ka fan ho gaya mai toh.
Bhai mere gharpe mini electricity bill hai 5-6k normally summers me its 15-18k. 2-4k vala zamana kab tha???
Best Informative Video 👍
Yeh sahi kaha aapney life main discipline hona bahut jaruri hai
That is why stay in Dubai and setup company in Bahrain. It's hardly 60 minutes away from Dubai by flight. In Bahrain, personal and corporate income tax is 0. I'll setup in Bahrain after couple of years.
Pnl kitna hai bhai month ka?
Sahi bole dada
Dada 10k just to chat with you 😢.
I'm already in Dubai, hope to bump into you someday 😅
Pr Bhai suppose humne apni trading company Dubai registered kr do or hum rehata India he hai to.
Or
Dubai se apna Paisa India le aao max 10% cost lagagi
Sir plz plz plz........
Day ka routine share kijiye....
That's so true.....!