MCX Sikkim

Are Sikkimese Being Misused By MCX Traders For Tax Evasion?

  GANGTOK: The high volume of trade supposedly by Sikkimese in Mumbai’s Multi Commodity Exchange (MCX) has raised serious concerns regarding the potential misuse of Sikkim’s status as a “tax heaven” state in India. Sikkim enjoys a special status and its natives don’t need to pay any tax on incomes generated within the state. The […]