Not only the Indian market, all over countries’ financial markets fear over this virus. It foothold is everywhere. But it will impact on a particular sector only. Many stocks & commodities will hit the bottom level. Isn’t it a new opportunity for smart traders? Don’t get scared. Don’t divert stocks from a portfolio without in-depth research. Fluctuation is temporary. It’s time for a new buying opportunity.
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GST means Goods and Service Tax. Single Tax to promote Indian Trade and Industry.
A great step by Team India that will help transform the economy, bring in transparency and usher in the system of “one country one tax“.
Benefits to Economy:
To create a unified common national market.
To give a boost to foreign investment & “Make in India” campaign.
Increased economic activity to generate more employment.
Easy Compliance Environment:
Seamless transfer of input tax credit.
Reduction in compliance costs – multiple records not required to be maintained for a variety of taxes.
Greater use of IT to reduce human interface between taxpayer and administration.
Simplified Tax Structure
Single tax to replace multiple levies of Centre and States.
Uniformity of tax laws & procedures across Centre & States.
Robust IT system for registration, returns, refunds & tax payments.
The government clarified that the goods and services tax will keep its July 1st, 2017 date for countrywide rollout.
How to enrol GST Identification number (GSTIN)?
Our Government made it easy and completely online enrolment! All you need is a provisional ID, password, mobile number and email ID. Obtain your username/password by logging into www.aces.gov.in For assistance: Call 1800 1200 232 or email: [email protected]
Dear Moneymunch valuable Readers, GST will impact on many sectors of Indian Stock and Commodity Exchanges. Subscribe our premium services to get benefits from the impact of GST on exchanges securities.
Moneymunch going to launch Big Dhamaka Special Offers today and it will expire just a second ago before GST Launch! Limited members can enrol this offers and for enrolment write an email on [email protected].
Just few hours back Securities and Exachange Board of India announced unauthorized dairy investment scheme run by G N Dairies and has asked the company to refund investors’ money. Consequently, SEBI ordered 3 month time period from date of October 31 for return money to it investors because all investment schemes designed with wrong intention and company promise of high returns in the name of trading of cattle and ghee without obtaining requisite certificate from the market regulator.
[sws_blockquote_endquote align=”” cite=”” quotestyle=”style05″] If the company fails to comply with its directives, a reference would be made to the state government and local police to register a civil/criminal (consumer) case/complaints against them for fraud and cheating (cheater). – SEBI [/sws_blockquote_endquote]
By Moneymunch online investigation(review/feedback), company claimed it has returned calves and ghee to as many as 45,000 investors.
Checkout similar two complaints investigated by Moneymunch: Read more
First – know what will happen in MCX Natural gas for today & tomorrow, look below chart:
We know well, China natural gas production increasing in March to top in last two years and Gov. Data showed that natural gas utilization in China hit almost 170 billion cubic meters last year. United State domestic natural gas prices are falling by a lack of upward income stress.
EIA (Energy information administrator) said, “China passed the United States as the world’s top importer of oil products.” If you don’t believe, look below chart with forecast:
As you can see China rising utilization and the United States’ short output “INSTANT STATIC REPORT” which creates by national development said same thing that from March 2013 natural Gas production arrived at 11.2 billion cubic meter and U.S at 1.6 %.
The world’s biggest energy user wants a natural gas booming to speedy transformation in the U.S and that’s the reason China has revolution envy.