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Ananth Reddy

Founder and Managing Director, BuyForexOnline.com

Founder and Managing Director, BuyForexOnline.com.

PHILIPPE HUGUEN via Getty Images

Budget Should Simplify Forex Trading Rules

Indians are travelling abroad like never before, with the number of tourists expected to climb to 50 million by 2020. While the travel industry has kept pace with innovations like online-booking and e-tickets, an essential component of foreign travel which is forex is still governed by archaic laws framed in 1999 to regulate the sale & purchase of foreign currency notes in past times of scarcity. These need to be amended to simplify the process, improve convenience, and eliminate the black-market.
27/02/2015 12:04 PM IST