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Pinnacle Market Investment

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  1. Gold has been a preferred investment option for many during the auspicious occasion of Akshaya Tritiya irrespective of its price. Despite the soaring prices, the yellow metal would not lose its sheen owing to wedding season. Gold is believed to be one of the best hedge against inflation and is considered to be amongst best performing asset when the market is full of risk and uncertainty. Click here To know about the Best Stock Advisory India If you are planning to buy gold this Akshaya Tritiya, then you should invest in the yellow metal as per your financial goals, and select the right option based on the return aspect, liquidity, tax efficiency, etc. of each. In this article, we take a look at various gold investment options to make the right choice in the festive season. Physical Gold Buying physical gold is one of the easiest ways to invest in the yellow metal. However, you should be cautious while investing in jewellery as its resale value is comparatively lower than gold biscuits and coins. You should also remember that you may need to pay a premium over the prevailing market rate for buying physical gold and when you want to sell it, you may be offered lower rate than the prevailing market rate. Also, physical gold is not safe as there is a risk of theft when you keep it at home. Purity is another big issue with the gold being sold in the market so go only for hallmark certified gold and look for a hallmark stamp of the Bureau of Indian Standards (BIS). Gold ETF Gold ETF are traded on the stock market and you can buy or sell gold in real time during the trading session. You can buy 1 gram of gold to initiate the investment. All your gold ETF investment will safely get deposited in your demat account. You need to pay annual demat charges for holding scrips in it. Transaction charges on buying and selling gold ETF is much lower than what you need to pay in case of physical gold. Click here to get Free Commodity Tips Sovereign Gold Bond (SGB) SGB is a new age gold investment product, introduced by the government as an alternative to physical gold. The gold bonds for investment are available at select post office, designated banks and through stock exchanges. You can keep the investment either in demat form or the paper form. The most lucrative advantage of investing in SGB is that apart from capital gain benefit, you are also entitled to interest on invested amount at the rate of 2.5% p.a. Another important benefit of investing in gold ETF is that if you redeem gold after completion of tenure i.e. 8 years, then the complete long-term capital gain is tax free. You are also allowed to raise loan against SGB by putting it as collateral security. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  2. The broader market was the worst hit with the S&P BSE Smallcap index falling a little over 11 percent and the S&P BSE Midcap index saw a decline of a little over 10 percent in the same period. Click here To know about the Best Stock Advisory India The Sensex might have lost just three percent in the quarter-ended March but nearly 400 stocks in the BSE 500 index slipped up to 62 percent in the same period. Implementation of Long-Term Capital Gains Tax (LTCG) and banking woes domestically, coupled with global trade war fears, geopolitical tensions in West Asia, fall in global liquidity, Fed rate hike as well as rising crude oil prices weighed on sentiment. Apart from global headwinds, aggressive political posturing by opposition parties, led by their victory in the UP by polls, also added to the market worries, experts said. The broader market was the worst hit with the BSE Smallcap index falling a little over 11 percent and the BSE Midcap index declining a little over 10 percent in the same period. Click here to get Free Commodity Tips The larger fall was in individual stocks such as JBF Industries (down 62%), followed by Vakrangee (down 47%), Kwality (down 46%), Hindustan Construction Company (down 45%), Punjab National Bank (down 44%), Unitech (down 42%) and Bank of India (down 39%). --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  3. Oil Prices Bumpy After Western Strikes On Syria Oil prices fell on Monday morning in Asia as markets opened the week cautiously following western air strikes in Syria over the weekend. Crude Oil WTI Futures for May delivery were trading at $66.83 a barrel in Asia at 11:00PM ET (03:00 GMT), down 0.83%. Brent Oil Futures for June delivery, traded in London, were down 1.02% at $71.84 per barrel. Click here To know about the Best Stock Advisory India Shanghai Crude Oil WTI Futures for September delivery were down 0.28% at 424.90 yuan ($67.63) per barrel at 11:00PM ET (03:00 GMT) on Monday. In retaliation for a suspected poison gas attack in Douma on April 7, the U.S., France and Britain launched 105 missiles on Saturday, targeting what they said were three chemical weapons facilities in Syria. Although Syria is not a key oil producer, the wider Middle East is the world’s most important crude exporter and tension in the region tends to trigger concerns that oil supplies will be disrupted. The supply restraint led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia has supported oil markets considerably. OPEC said the global oil inventory surplus is close to evaporating, having shrunk by nine-tenths since the start of 2017 due to the supply cuts and rising demand. However, a rise in U.S. oil drilling activity is putting pressure on oil markets. U.S. energy companies added seven oil rigs drilling for new production in the week to April 13, bringing the total to 815, the highest since March 2015. Click here to get Free Commodity Tips Despite this, healthy demand and conflict in the Middle East continue to prop up prices. OPEC’s pact to reduce crude output runs until the end of 2018 but there is growing confidence that the cooperation will be extended. The group will meet in June to decide on its next course of action. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  4. TDS represents part of Income-tax that is already paid by the assessee, which can be set off against Income tax and balance tax liability to be paid. Taxpayers would surely come across these two common terms - Income Tax and Tax Deduction at Source and get confused while filing their taxes. Under both the scenarios, the government collects taxes. However, the mechanism differs in the computation part. Therefore, before filing tax returns, it becomes necessary for salaried individuals to avoid confusion related to these terms and understand the relevance and implications of the same. Income Tax Income tax refers to a compulsory contribution levied on individual’s personal income as per his/her earning. There are a standard tax slab rates according to which the money gets deducted from your gross income. In other words, it basically refers to the total tax liability on an individual basis his annual taxable income after considering deductions & exemptions determined at the end of Financial Year. Tax Deducted at Source In contrast, TDS represents part of Income-tax that is already paid by the assessee, which can be set off against Income tax and balance tax liability to be paid. ”Necessary adjustment of TDS is done while filing Income Tax return and in case any excess amount is deducted, the same can be claimed as refund," said Agrawal. It is a process through which the government can quickly and efficiently collect taxes. Thus, whatever the INCOME source may be, like income from salary, any commission, professional fee, interest from FD, etc., under the Income-Tax Act it has been incorporated that the process of deducting tax at the point of generation of income, will be known as “Tax Deducted at Source” or TDS. "TDS as the name implies, is a part of your income tax which is deducted by your employer or other deductors while making payment to you and the same is deposited by them with Income Tax department,” said Vaibhav Agrawal, Head of Research and ARQ, Angel Broking. Differences between Income Tax and TDS Income tax and TDS are two forms to collect taxes in a different way. Here are four difference you should look at: => Annual Vs Periodic Income tax: It is paid on the annual income where taxes are computed for a particular financial year. TDS: It is deducted at source on a periodic basis in the particular year. => Direct Vs Indirect Income Tax: The taxpayer determines his liability and makes the payment directly to the government. TDS: It an indirect way of discharging of one’s tax liability where the deductor (Employer, Banks, financial institutions) of taxes facilitates the process of tax recovery for the government. => Gross Income Vs Certain Income Income Tax: The tax is levied on the overall income earned by an individual (assessee) during a financial year. TDS: The income tax law casts an obligation of deducting tax at source only on certain persons making certain prescribed payments. => After Vs Before Income tax: It is levied on all salaried individuals or entities for the income they earned above the prescribed tax limit for that particular time period after a completion of a certain Financial Year. TDS: The entire process of tax deduction and payment results in an obligation to pay taxes even before the taxpayer receives the income. “One may REcall TDS as a provision was introduced into the statute as a mechanism to check instances of tax evasion,” said Archit Gupta, Founder & CEO ClearTax. What if tax gets deducted but salary is not taxable? TDS is the amount that is deducted at certain specified rates by a person making certain specified payments to the taxpayer. Such amount deducted is subsequently paid to the credit of the central government by the deductor. In the event tax that is deducted at source exceeds what the income tax that the taxpayer is required today during the financial year, he or she may claim a refund of such TDS by filing his return of income. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
  5. Oil Prices Rebound But Fears Of Trade War Loom Over Markets Oil prices inched back up on Monday morning in Asia after a drop last Friday amid rising fears of an intensifying trade war between the world’s two biggest economies. Crude Oil WTI Futures for May delivery were trading at $62.27 a barrel in Asia at 11:00 PM ET (03:00 GMT), up 0.34%. Brent crude futures for June delivery, traded in London, were up 0.40% at $67.38 per barrel. Concerns of an intensifying trade dispute between the U.S. and China have been weighing on oil markets, with U.S. President Donald Trump threatening to impose new tariffs on China. On Thursday, he said he had ordered U.S. trade officials to consider an additional $100 billion in tariffs on China. Meanwhile, China has increased tariffs by up to 25% on 128 U.S. products. Chinese markets were closed last Thursday and Friday due to public holidays. Shanghai Crude Oil WTI Futures played catch up on Monday, dropping 0.57% at 11:00 PM ET (03:00 GMT) to 400.00 yuan ($63.40) per barrel for September delivery. Escalating tensions between the U.S. and China could hurt global growth. There are also fears that China if pushed hard enough, would impose a tax on U.S. oil imported into China. Oil servicing companies, which have only recently started recovering from years of crisis as the industry deferred spending on new production due to low prices, would be hit particularly hard. China has also taken its first steps towards paying for imported crude oil in yuan instead of the U.S. dollar. As the biggest importer of crude oil and the world’s largest energy consumer, China’s oil demand is a key determinant of global oil prices. The yuan-denominated oil futures are also expected to give China more power in pricing crude sold to Asia. In the U.S., drillers added 11 rigs looking for new products in the week to April 6, bringing the total count to 808, the highest level since March 2015. This indicates more U.S. crude output to come. Overall, oil prices remain supported by healthy demand and the supply restraint led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia. we Are Best Stock Advisory In India We provide Commodity Tips, Intraday Calls, Share Market Tips. For More Information contact us at +91-8305596871 or just click the link below and register yourself now. https://goo.gl/y9zQ9b
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