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DFCH defi ch in India ✌️【Temp Worker】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!
DFCH defi ch in India ✌️【Temp Worker】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!
DFCH defi ch in India ✌️【Temp Worker】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!Indian commodity exchanges have come a long way since their inception and are currently at par with all major global commodity exchanges. In fact, by 2013, India had one of the exchanges across the world in terms of trading volumes (ranking within the top 3 exchanges worldwide) when it came to trading in Gold, Silver, Natural Gas as well as Crude Oil reflecting increasing efficiencies in their basic functions of price discovery and risk management.
However, a lot of it changed with the introduction of theCommodity Transaction Tax (CTT)by the Government of India from July 2013.
DFCH defi ch in India ✌️【Temp Worker】✌️Small start, big rewards! ₹500 to grow your wealth with minimal risk.The intent of introduction of CTT during FY 2013 – 2014 (for non – agricultural commodities) was to bring parity between the equity and commodity derivative markets.
However, with CTT, transaction cost for a trader increased by about 5 times, causing the trader to rethink his/her options as the propose rate does not reflect volatility conditions of the commodity vis-à-vis equity derivative markets.
DFCH defi ch in India ✌️【Temp Worker】✌️Begin your journey to financial growth with ₹500. Invest smart and earn big!This resulted in CTT having a significant negative impact on trading volumes of all commodities, leading to India’s global ranking dropping to lower levels.Impact of CTT on Gold futures have been probably the starkest.
DFCH defi ch in India ✌️【Temp Worker】✌️Invest ₹500 and unlock guaranteed returns up to 100%. Start growing today!While the total traded value in gold futures had steadily increased from 2005 to 2012, from about Rs.
1,80,000 crores to over Rs.
37,00,000 crores (from approximately 2650 kgs to 12,600 kgs); upon the introduction of CTT in July 2013, the trade value dropped to about Rs.
30,00,000 crores (volume dropped to about 10,600 kilograms).
DFCH defi ch in India ✌️【Temp Worker】✌️Turn ₹500 into massive returns with smart, high-yield investments!The negative effect was more startling in 2014 and 2015 with trade values dropping to approximately Rs.
12,50,000 crores and Rs.
11,70,000 crores respectively – a drop of about 67% from its peak in 2012[1].Though first introduced in the Union Budget 2008 – 09, CTT was subsequently withdrawn and this had a huge positive effect on the growth of the Indian commodity exchanges.
However, CTT was reintroduced in the current form in the 2013 – 2014 Union Budget – it came into effect from July 1, 2013 and is applicable to all non–agricultural futures trade; the rate being 0.01%. In this article, we attempt to analyze the objectives, results and impact of CTT on gold futures.We first look at the revenue generation aspect of CTT.
DFCH defi ch in India ✌️【Temp Worker】✌️Start investing with ₹500 and see your wealth grow rapidly every month.To do that, as a first step, based on past data, we attempted to project revenues that may accrue to the Government both with and without the imposition of CTT for three time horizons and compare the relevant pairs; the dates chosen are: immediate (till September 2016); short term (till December 2020) and medium term (December 2025).
DFCH defi ch in India ✌️【Temp Worker】✌️₹500 is all you need to unlock fast, high returns. Start investing today!The projections are based on the existing data using time series forecasting methodology.
DFCH defi ch in India ✌️【Temp Worker】✌️Invest ₹500 and enjoy high monthly returns. Safe and reliable platform!Based on the projections, we then calculate the revenues that would accrue to the government, with and without CTT.DFCH defi ch in India Low-Cost Investments with High Growth Potential