There has been considerable debate on the proposed commodity transaction tax (CTT) in the commodity derivative market. While the CTT was proposed to generate revenues and discourage speculative trading, however the benefits are likely to be outweighed by its potential costs because it would increase ...
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Share Trading Income 4500INR An investor in the stock market may be engaged in different types of trading such as equity delivery-based trades, mutual funds or F&O trading. The Indian Tax Law prescribes different tax treatments for different types of investments in the stock market. In case of...
Legalizing cryptocurrency trading in India is great news for the country’s 15-20 million investors, whose holdings are valued at more than $5 billion. Sitharaman separately said India’s central bank is planning to introduce a blockchain-based digital currency in the fiscal year 2022-2023, add...
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Businesses that operate their own e-commerce facilities are classified as PPMSEs and must obtain a special license namedSurat Izin Usaha Perdagangan melalui Sistem Elektronik(business license for trading through an electronic system (SIUPMSE)). ...
GR-80 is the implementing regulation for Law No 7/2014 in relation to Trading and Trading Activities through Electronic Systems. 12 December 2019 Update on Tax Allowance Incentive GR-78 provides an income tax incentive for capital investment in certain business sectors and/or in certain regions ...
Borrowing a page from 17th century England, India’s finance ministry hopes to enact a behavioral change with the levy and stamp out the “unchecked explosion” in the derivatives market, where retail investors account for 41% of total trading volumes. What may become a cause of government ...
Using Deskera Books when you create a new organization, you have an option to indicate if your company is located or 'involved in the Special Economic Zone or Overseas Trading.' Providing the right information is crucial for accurate computing Goods and Service Tax (GST). Different types of GS...
in the world at 10.07 crore.5The boom in crypto trading can be attributed to a surge in global interest as well as the Supreme Court decision wherein the Supreme Court set aside, on constitutional grounds, a circular issued by the Reserve Bank of India, which had sought to restrict ...