Trading in commodity derivatives on exchange platforms is an instrument to achieve price discovery and better price-risk management besides helping the macroeconomy with better resource allocation. In the 2008u20132009 budget, the Indian government proposed to impose a commodity transaction tax (CTT) am...
Is Forex Trading Tax-Free in India? No, as for now, forex trading also involves currency derivatives (currency trading) and is not free for anyone. Mostly it’s charged as GST. Which Broker Has the Highest Leverage in India? Leverage varies according to promotions and account types, making...
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 ...
As per the provisions of the Union Budget of 2018, if a seller makes long term capital gain of more than Rs. 1 lakh on sale of equity shares or equity-oriented units of mutual fund, the gain made (above Rs.1 Lakh) will chargeable to capital gains tax @10%. Also, the benefit of ...
Price:The app is free to use and install. Trade at a rate as low as 2 paisa. Frequently Asked Questions Are trading apps safe? In this world of digitalization,trading through appson mobile is a new trend. As far as safety is concerned, always be very cautious while sharing your bank ...
They normally do this in return for much tighter spreads, which can start from near 0.0 pips on popular currency pairs based on our experience. Let’s say your chosen forex broker in India charges a fixed rate of 200 INR commission per lot (100,000 units). The bid price given by the...
Crypto trading volumes on several crypto exchanges in India plummeted as much as 72%, possibly tied to a new 30% profit tax law.
Yes, Forex trading is taxable in Vietnam. We urge all Vietnamese Forex traders to consult a legal professional for tax advice and full compliance. Can I trade VND (Vietnamese dong) with a Forex broker? International Forex brokers do not offer trading in the Vietnamese dong. ...
For the XTB overnight fee, known as the swap rate, the broker charges a differential based on the two currencies in the pair and whether the position is a buy “long” or a sell “short”. The fee varies depending on the currency pair. For example, the EUR/USD rollover for a buying...
India’s economy suffered during the pandemic. Apart from the terrible loss of life, the pandemic decimated small and medium-sized companies, which were already tottering because their cash-based sales were hurt by a prior demonetisation and mismanaged rollout of a goods and services tax. Labour...