Only about 15% of Jan Dhan accounts enjoy the credit facility at present.
The question is what’s driving international gold prices up? The short answer is geopolitical tensions.
You will find some eternal bulls on the one side of the spectrum who keep reiterating the good things about the stock markets, almost always. And there will be the perennial bears on the other hand who will be consistently engaged in fault-finding and painting a gloomy picture.
Your gold purchases will now be impacted under GST.
There is nothing wrong with buying gold on Akshaya Tritiya. However, that’s to be symbolic in nature.
As per the industry estimates, India’s gold imports for the Jan-March quarter are pegged at 200 tonnes.
At a time when there is no clarity on what demonetisation might have achieved, the Government moved ‘The Taxation Laws (2nd Amendment) Bill 2016’ in the Lok Sabha.
Like any other Republican, Mr Trump is a staunch supporter of an aggressive fiscal policy and across the board moderation in taxes.
Many large participants in the gold market believe that the falling gold prices may provide an impetus to aggressive buying.
Investors have not only been looking at the gold price movements, but at the movement of stock market indices as well before investing in gold.
Tax Guide