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Indirect Tax

Recent changes in Indirect Tax

Indirect taxes are taxes that are assessed by Government on goods and services, rather than on individualities or businesses directly. These taxes are collected by businesses from consumer when they buy goods or services, and also remitted to the government. Indirect taxes are often referred to as consumption taxes because they are based on consumption of goods and services rather than income or wealth. Indirect taxes can take many forms, including sales taxes, value-added taxes (VAT), excise taxes, and tariffs.

During the Union Budget of 2023 “Amrit Kaal”, It was the very first time when the indirect tax proposals were presented before the direct tax proposals. In the Proposal of indirect tax Presented in the Union Budget of 2023 there were 4 major changes which caught the attention of the citizens.

Following are the 4 major changes:

Customs Perspective:  In the Union Budget, to promote the ‘Make in India’ campaign and give to a boost to domestic manufacturing and enhance exports, the government and our FM has proposed few changes in the rate of import duties. The import duties on electric chimneys and cigarettes will now be more expensive, while on the other hand import of gold, silver, platinum, coin, etc., will be cheaper. Also, some exemption has been proposed towards goods or machinery used for manufacturing of lithium-ion battery.

GST Returns To Be Filed Within Three Years:  GSTR 1, GSTR 3B and GSTR 9and GSTR 9C would now be restricted for filing, post expiry of three years from the due date of filing of the relevant GST return. Until now, there was no threshold on time for filing GST return and any taxpayer could file belated returns along with interest and late fees. However, going forward, in future these dates have been locked so as to have clarity on the timelines for litigation.

Widening of Scope of OIDAR:  The Online Information and Database Access and Retrieval (OIDAR) services were brought under the tax bracket in the service tax regime and subsequently, in the GST regime. However, due to some exceptions in OIDAR and non-taxable online recipient, multiple services were escaping tax. In order to remove those exceptions, the Budget proposes to amend both the definitions and make OIDAR a wider segment for taxability purpose.

Taxability of High Sea Sales and Out-And-Out Sales: Out-and-out sales and high-sea sales were inserted in schedule III of the CGST Act, 2017 with effect from Feb. 1, 2019. However, the GST authorities were demanding GST from July 1, 2017 to Jan. 31, 2019. So to clarify this ambiguity and confusion, the budget has stated that such insertion will be with retrospective effect from July 1, 2017. This is a relief for taxpayers who are undergoing a litigation on these aspects. However, if the taxpayer has already paid the taxes for such period on the specified sales, the Budget has clearly specified that no refund of such tax can be claimed.

Although there are other changes as well but from Tax perspective the above 4 are major changes.

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How to Trade Gold and Silver Online as Spot Metals?

The spot gold and silver online in the markets are vast and filled with unpredictability. There’s also been a lot of volatility over the past few years, which makes it all the more important to be able to make informed trades on a daily basis. You can trade digital or physical metals as an investment piece or as a means of purchasing precious metals from sellers in person.

Here we take a look at how you can trade gold and silver online as spot metals. Buying and selling precious metals is one of the oldest ways humans have of making money. It’s also one of the most misunderstood ways of doing business. The latest currency war has only amplified this problem, with both sides seeing affected territories cede their market dominance — gold has become more prone to manipulation than any time in recent memory, while silver prices have spiked during periods of stress.

In this article, we take you through the basics of trading gold and silver online as spot metals in case you feel like it’s missing something. Keep reading to discover everything you ever wanted to know about buying and selling precious metals.

What are spot metals?

Spot metals are precious metals that are traded on the global market. The most popular spot metals are gold and silver, but other metals like platinum and palladium are also traded. All spot metals can be bought and sold online through forex brokers.

When you trade spot metals, you are buying or selling the actual metal itself. The price of each metal is based on supply and demand, as well as global economic conditions. Gold is often seen as a safe haven asset, so its price tends to rise when there is economic uncertainty. Silver is used in many industrial applications, so its price can be more volatile than gold.

You can trade spot metals with leverage, which means you only need to put down a small amount of money to open a trade. Leverage can help you make more profit from your trades, but it can also magnify your losses if the market moves against you. That’s why it’s important to use risk management tools like stop-loss orders when trading spot metals.

Benefits of trading spot gold and spot silver

You can buy and sell spot metals as an investment piece. This means you can purchase the coins and tokens at the price you want to pay for them. This can range from $50 for a single copy of coins on a website to $1,000 for a vehicle right on the trade page. You can also trade stocks or commodities as an investment piece. This means you can purchase stocks that have a specific market price, like gold, that has a corresponding market exchange rate. You can also purchase commodities like oil or agricultural products as an investment piece.

How to trade gold and silver online as spot metals

There are many ways to buy and sell gold and silver online. You can purchase the coins or tokens on exchanges like change.org or bitwise. You can also buy the coins or tokens in person at a physical store where the owner is willing to sell them to you. You can also buy and sell gold and silver privately in some places like Japan, South Korea, and China, where such transactions are not record-keeping.

What are the best trading platforms for gold and silver online?

Most trading platforms work with a variety of different platforms. You can use these platforms to purchase gold and silver from different online brokers. You can also use these platforms to store your trades and view your trades in real-time. To use a trading platform, you need to: – Make a trade. – View your trades. – Get your feedback.

How can I get started learning about trading gold and silver online?

You can begin by purchasing a few coins at a time at a physical store or marketplace. You can also purchase gold or silver tokens online. Once you have the coins or tokens, you can start trading.

Conclusion

There are many ways to buy and sell gold and silver online. You can purchase the coins or tokens in person at a physical store where the owner is willing to sell them to you. You can also buy the coins or tokens in person at a brokerage firm where the trading platform works with multiple brokerages. You can also check out respected online wreckage-tornados.com for bad investment news and reviews.

Originally Published on Shortkro

Source: https://shortkro.com/how-to-trade-gold-and-silver-online-as-spot-metals/

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The Best Place to Buy Gold in Canada: A Comprehensive Guide

When it comes to investing in gold, one of the most trusted assets for wealth preservation, finding a reputable and reliable place to buy is crucial. For Canadian investors, the market offers numerous options, but identifying the best place to buy gold in Canada can make all the difference in securing a safe investment. Among the various dealers and platforms, Vancouver Bullion stands out for its exceptional service and transparent pricing, making it a top choice for anyone looking to purchase gold.

Why Gold Is a Smart Investment

Gold has been a store of value for centuries, often seen as a safe haven during times of economic uncertainty. In Canada, the demand for gold is strong, especially in major cities like Vancouver, where investors and collectors seek to diversify their portfolios. Whether you're buying gold for its intrinsic value or for speculative investment, understanding the right place to purchase it is essential to ensure you're getting the best possible deal.

Vancouver Bullion: A Trusted Choice for Gold Purchases

When considering where to buy gold in Canada, Vancouver Bullion is often at the top of the list. This trusted gold dealer offers a wide selection of products, including gold bars, coins, and bullion, at competitive prices. Vancouver Bullion is known for its commitment to transparency, making it easier for customers to trust the authenticity of the precious metals they buy.

For those based in or near Vancouver, the city offers a direct connection to some of the most reputable dealers in the country. Vancouver Bullion not only offers high-quality products but also provides expert advice on how to invest in gold and other precious metals. Their experienced staff can guide both newcomers and seasoned investors through the process of selecting the right gold products to suit their financial goals.

Goldstock Canada: Your Online Gold Buying Solution

If you're looking to buy gold from the comfort of your home, Goldstock Canada is an excellent option. Offering a wide range of precious metals for sale, including gold, silver, platinum, and palladium, Goldstock Canada simplifies the online purchasing process. Their platform provides users with up-to-date pricing and detailed information on each product, ensuring you can make an informed decision before making a purchase.

With the convenience of online shopping and a commitment to providing only the highest quality gold products, Goldstock Canada stands out as a reliable choice for investors looking to buy gold from trusted dealers across the country.

Conclusion

For those in Canada seeking to invest in gold, choosing the best place to buy is critical. Vancouver Bullion offers an excellent local option, with transparent pricing and a vast selection of products, while Goldstock Canada provides a convenient online platform for those who prefer to buy from home. Whether you're purchasing gold in person or online, these trusted dealers can help you navigate the gold market with confidence.

For more information about Vancouver Bullion and Goldstock Canada, visit their websites today and start your investment journey with trusted gold dealers.

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Presidential Metals Exchange by Categories

Presidential Metals Exchange prides itself greatly on our ability to help you receive quality Precious Metal products at some of the most competitive prices in the industry. We offer a very large selection of products in gold, silver, platinum & palladium. Whether you are looking for an extremely exclusive Numismatic product, or you want to continue to add to your Bullion position we are fully capable to handle both!

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 Finding the Best Place to Buy Gold in Canada – Vancouver Bullion Options

For investors, collectors, and those looking to hedge against economic uncertainties, buying gold is a trusted choice. But finding the best place to buy gold in Canada can make all the difference in terms of price, authenticity, and security. Vancouver, a major hub for precious metals, offers multiple reputable options for purchasing bullion. Among these, Vancouver bullion dealers provide a range of products and services tailored to new and experienced investors alike.

Why Invest in Gold?

Gold has long been seen as a "safe haven" asset. Its intrinsic value, coupled with its resilience in times of economic volatility, makes it a sought-after choice for investors. Unlike stocks or currencies, gold's value isn't tied to specific financial markets, making it a good way to diversify and protect wealth.

Key Factors When Buying Gold in Canada

Whether you’re new to investing or a seasoned buyer, several key considerations should guide your choice:

Reputable Dealers: It's crucial to work with well-established and trusted dealers who guarantee the authenticity of their gold products.

Competitive Pricing: Gold prices can vary between vendors, so finding a dealer with fair pricing and transparent costs is essential.

Quality of Service: An ideal gold dealer provides excellent customer service, from secure transactions to educating buyers on best investment practices.

Vancouver Bullion: A Top Choice for Gold Buyers

As a leading location in Canada for purchasing gold, Vancouver is home to numerous bullion dealers, making it an excellent spot for buyers. Vancouver bullion dealers offer a range of products, from gold bars to coins, catering to different investment levels. In addition to gold, some dealers also offer silver, platinum, and palladium, giving investors a range of precious metal options.

Benefits of Buying Gold from Vancouver Bullion Dealers

Wide Selection: Vancouver bullion dealers typically stock an extensive variety of gold products, from small coins to large bars, accommodating all types of investors.

Trustworthy Transactions: Reputable dealers in Vancouver follow strict industry standards to ensure authenticity and security in every purchase.

Expert Guidance: Vancouver bullion dealers often provide guidance on current market conditions and investment strategies, making it easier for buyers to make informed decisions.

Why Gold Stock Canada Stands Out

For those searching for the best place to buy gold in Canada, Gold Stock Canada is a top choice. This platform offers a diverse range of bullion products and competitive pricing, making it a convenient and reliable option for both Canadian and international buyers.

Advantages of Buying from Gold Stock Canada

Authenticity Guaranteed: Gold Stock Canada offers certified gold, ensuring buyers receive genuine bullion.

Secure Shipping Options: They provide secure shipping, giving buyers peace of mind that their purchase will arrive safely.

Informative Resources: Gold Stock Canada also provides resources to help buyers understand the market, track gold prices, and make strategic investment choices.

Choosing the Right Place to Buy Gold

When deciding where to buy gold, look for a dealer who combines competitive pricing, authenticity, and secure transactions. Vancouver bullion dealers and trusted online platforms like Gold Stock Canada offer quality options, enabling investors to confidently build their portfolios.

Whether you're in Vancouver or exploring options across Canada, finding the best place to buy gold in Canada can set you on a path to a valuable and secure investment.

[worldtopnews99]

Family Gold Buyers

Why Family Gold Buyers is Your Trusted Choice for Cash for Gold

If you’re looking to sell your gold and get the best value for your items, Family Gold Buyers in St. Petersburg, FL, is your go-to destination. As reputable gold buyers, we offer a simple, secure, and efficient process that ensures you receive the highest payout possible. Here’s why you should choose us when you want to exchange your precious metals for Cash for gold.

Get Cash for Gold Easily and Securely

At Family Gold Buyers, we understand the importance of trust and security when selling your valuable items. Our process is designed with your peace of mind as our top priority. When you decide to sell your gold, silver, or platinum to us, we provide a fully insured shipping package, ensuring that your items are protected from the moment they leave your hands until they reach us.

Why Sell Your Gold to Us?

Selling gold can be a daunting task, but we make it straightforward. Here’s what sets us apart from other gold buyers:

Expert Evaluation: We assess your gold based on purity, weight, and the current market value of precious metals. This ensures you receive a fair and accurate offer.

Fast Payment: After evaluating your items, we make you a cash offer. If you accept, we send your payment within 24 hours. No waiting, no hassle—just quick and secure transactions.

Local Convenience: Located at 7901 4 ST N STE 300, St. Petersburg, FL, we’re your local, reliable option for selling gold. With just a short trip or a quick call to (833) 658-2808, you can start the process of turning your gold into cash.

The Best Place to Sell My Gold Near Me

Searching "sell my gold" online often brings up countless options, but not all gold buyers are created equal. Family Gold Buyers is dedicated to providing a transparent and customer-focused service. Whether you’re selling gold jewelry, coins, or other precious metals, you can trust us to give you the best deal.

We Buy Gold – Here’s How it Works

The process of selling your gold to Family Gold Buyers is simple:

Request a Shipping Kit: Contact us to receive a fully insured shipping kit to send us your gold.

Ship Your Gold: Pack your items securely and send them to us using our insured shipping package.

Evaluation and Offer: Once we receive your package, our experts will evaluate your gold and make you a cash offer.

Receive Payment: Accept our offer, and we’ll send your payment within 24 hours.

Why Choose Family Gold Buyers?

We’re not just any gold buyers—we’re a family-owned business committed to giving you the best experience. Our reputation is built on trust, fairness, and customer satisfaction. By choosing Family Gold buyers, you’re not only getting top dollar for your gold but also supporting a business that values honesty and integrity.

Contact Us Today

Ready to turn your gold into cash? Visit us at 7901 4 ST N STE 300, St. Petersburg, FL, or give us a call at (833) 658-2808. You can also start the process online by visiting Family Gold Buyers.

Sell your gold to a name you can trust—Family Gold Buyers, where your satisfaction is our priority.

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The Best Online Gold Dealers in 2024: Where to Buy Gold Safely

In today’s volatile economic landscape, investing in gold has become a popular strategy for preserving wealth. However, finding a reliable and trustworthy online gold dealer is crucial to ensure the safety of your investment. best online gold dealers In this article, we’ll explore some of the best online gold dealers in 2024, helping you make informed decisions when purchasing this precious metal.

1. GoldStock Canada

GoldStock Canada stands out as a leading online gold dealer, offering a vast selection of gold products, including coins, bars, and bullion. Known for their transparency and customer service, GoldStock Canada ensures that each purchase is backed by secure transactions and comprehensive market insights. Their user-friendly website makes it easy for both novice and experienced investors to navigate through various gold investment options.

Key Features:

Wide Range of Products: From gold bullion to rare coins, GoldStock Canada provides an extensive inventory to meet diverse investment needs.

Competitive Pricing: They offer some of the most competitive prices in the market, making gold investment accessible to a broader audience.

Secure Shipping: GoldStock Canada guarantees safe and insured delivery, ensuring your investment arrives securely at your doorstep.

Customer Support: Their expert customer support team is always ready to assist with any questions or concerns, providing peace of mind for your investment.

2. JM Bullion

JM Bullion is another reputable name in the online gold market. Known for their straightforward pricing and a vast catalog of precious metals, they offer a seamless experience for gold investors. Their educational resources and real-time market data make them a top choice for those looking to stay informed about the gold market.

Key Features:

Educational Resources: JM Bullion offers detailed guides and market analysis, helping you make informed investment decisions.

Variety of Payment Options: From bank wires to PayPal, JM Bullion provides multiple payment methods, enhancing convenience.

Customer Loyalty Program: Repeat customers can benefit from loyalty discounts, making JM Bullion an attractive option for long-term investors.

3. APMEX

APMEX is one of the largest online retailers of gold, silver, platinum, and palladium. With over 20 years in the industry, APMEX has built a reputation for reliability and customer satisfaction. Their extensive inventory and advanced tools for tracking and managing investments make them a go-to choice for serious investors.

Key Features:

Extensive Product Range: APMEX offers a wide variety of gold products, from coins to bars, catering to all types of investors.

Portfolio Management Tools: APMEX provides tools to help you manage your gold portfolio, track prices, and set alerts for market movements.

Reputable Service: With thousands of positive reviews, APMEX has established itself as a trusted name in the gold investment community.

4. GoldSilver

GoldSilver is known for its commitment to educating investors about the benefits of owning precious metals. Founded by renowned author and precious metals expert Mike Maloney, GoldSilver offers a comprehensive platform for both buying and storing gold.

Key Features:

Educational Videos and Articles: GoldSilver provides a wealth of educational content, making it a great resource for new investors.

Secure Storage Solutions: They offer secure storage options for your gold investments, ensuring your assets are protected.

Buyback Guarantee: GoldSilver offers a buyback guarantee, giving investors confidence in the liquidity of their investments.

Conclusion

Investing in gold requires careful consideration and choosing the right dealer is paramount to securing your investment. Among the top choices, GoldStock Canada shines as a trustworthy option, offering competitive pricing, a wide selection of products, and excellent customer service. best online gold dealers By choosing a reliable online gold dealer, you can confidently navigate the precious metals market and build a solid foundation for your financial future.

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