White Gold and Silver

There has been a lot of development in the precious metals’ world, especially when it comes to materials engineering and new smelting techniques. This has brought variety to the precious metals’ world. When it comes to jewellery people are making unconventional choices driven by design more than the material used to make a particular piece of jewellery. They trust that when a jeweller says something is made of gold it really is. In the past gold jewellery was distinctively yellow, these days gold comes in other colours like rose pink and white.

With the number of different options available today, some people are bound to be confused. There are still people who make jewellery from iron sulphide and people who buy said jewellery thinking that it was the real deal only to find out later that they have fallen for fool’s gold. Sometimes you need a gold dealer’s trained eye to tell the difference between gold and pyrite.

When gold isn’t mined out of the ground it is yellow in colour. It is smelter and refined to remove impurities. The highest purity that gold can attain is 24 karats or 99.99%. At this purity, it is either made into investment-grade bullion or fashioned into other products like jewellery.  24 karat gold is too soft. To make it more durable and rigid it is combined with other metals like nickel, copper, or zinc. White gold is produced when gold is combined with zinc, nickel, and palladium. This combination is what makes the gold look white like silver.

White gold and silver are almost identical in weight and colour but gold dealers will usually conduct tests to determine what they are and their purity. Dealers and jewellers who have been looking at jewellery for a long time can spot the difference between metals that look the same but aren’t.

White gold and silver the difference

White gold might look the same as silver or even platinum but there are a ton of differences that contribute to the vast contrast in market pricing, uses, and whether they tarnish or not. For instance, but because white gold is an alloy, you won’t find a pure 99.99% gold bar that is white in colour. Adding additional metals is what gives the desired color but when it comes to gold bullion, the unspoken rule is that it cannot be any other colour but yellow.


To influence the colour of the gold, goldsmiths have to add sufficient palladium, zinc and nickel to pure gold to change gold from yellow to gold. White gold jewellery is not any less pure than yellow gold jewellery. If your white gold ring has a hallmark of 18K then it means there is 75% gold, that’s holds true for a gold jewellery piece with an 18k hallmark. Both have 25% metal alloys; the gold is strict as a result of metal alloys. However, the highest quality of white gold you can get is 21 karats which means a maximum of 87.5% pure gold. That is quite hard for most jewellery and a lot of gold rings hardly get close to that kind of purity. Jewellery with less pure gold will be prone to some tarnishing and with nickel being one of the metal alloys, people with nickel allergies will react to its presence in what they are wearing.

By default, sterling silver contains 92.5% pure silver and 7.5% other metals while fine silver has 99.99% pure silver.


When it comes time to sell gold jewellery it doesn’t matter whether its color is yellow or white. Gold dealers will pay you the same price for it regardless. This is because when a gold dealer evaluates your jewellery its only to buy the gold content in it to put through the recycling or refining process. 

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All you need to know about pension plan

A pension plan is one of the best financial tools that can help you prepare for your retirement. Read on to know how.

What is a pension plan?

The plan gives you financial security and independence in your retirement life. Also, known as retirement plans, they offer a combination of life insurance and wealth creation opportunities using compounding. You need to pay a fixed amount regularly for a specific duration. The plan gives out a constant flow of pension regularly after you retire. Some plans even offer the option of a lumpsum payout.

The plan can aid you financially when you are not earning actively. It allows you to lead a financially independent life, without having to compromise your standard of living.

What are the features of a pension plan?

Before you purchase any policy or invest in a plan, it is necessary to understand what exactly it offers and how it will benefit you. So, here are some salient features of the plan that you need to know:


Annuity refers to the regular payment that you will be receiving from your plan fund. You can choose your annuity to be monthly, quarterly, half-yearly, or yearly, as per your requirements.

Vesting age

Vesting age refers to the age at which you will begin receiving the annuity from your pension policy.

Accumulation period

The accumulation period refers to the time during which you make your investments in the plan to accumulate wealth and build a corpus for your goals.

Payment period

The payment period refers to the time when you will be receiving the payment from the plan after your retirement.

Surrender value

You can choose to surrender the plan before its maturity. The amount that you will receive after surrendering the plan, is the surrender value.

What are the benefits of a pension plan?

Here are some benefits of purchasing the plan:

Regular income even post-retirement

Once you’ve retired from your working life, you will want to live a stress-free and hassle-free life. The plan, with its regular payouts, will have you covered and provide the financial support you need in your retirement years.

Rider options

You can choose an add-on rider in your plan, which will pay the sum assured from your plan to your nominee, in case of your untimely demise. With this, you can keep your family financially secured even in your absence.

Tax benefits

You can avail tax benefit under section 80CCC and Section 10(10A) of the Income Tax Act 1961. Consult with your tax advisor for more details.


You can choose a premium payment term as per your financial situation and requirements. Also, you can customise the plan to best suit your financial needs. You can also use a pension plan calculator to figure out what term and payout mode suits you best.

Who should opt for a pension plan?

This plan can be an integral part of every person’s retirement planning. Since old age brings a lot of age-related ailments, medical expenses tend to increase. A pension plan is extremely useful in this case. Hence, experts recommend that this plan is a must if you are planning for your retirement regardless of what life stage you are at.

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Benefits of a Savings Plan

Most of us have been taught since childhood to set aside a small amount of money to enjoy a greater amount in the future. A plan that focuses on savingscan help policyholders amplify this habit while also providing them with many other benefits such as protection and money management.

The following are the benefits of the best savings plan in India one can enjoy upon opting for one: 

  • Coverage &Payouts: Being essentially a life insurance product, this plan offers much-needed financial coverage to your loved ones in the event of your untimely demise. Apart from the payouts you receive, the added benefit helps protect your family financially in a more comprehensive way.
  • Financial Discipline: Along with being aware of the importance of financial savings, making it a regular habit is also essential. That is where this plan can prove to be useful. One of the most important advantages of purchasingone is inculcatingthe habit of financial discipline.
  • Goal Achievement: Some of the best plans in Indiathat focus on savings are specifically designed towards meeting important life goals for many individuals and families. For instance, some of these plans are designed to create wealth, help you save up and finance your child’s educational goals.
  • Life Cover and Riders: Some savings plans also offer the dual benefit of a life insurance cover and wealth creation options. This makes them a more preferred option than other plans. Some plans may also provide for the addition of certain riders that could enhance the financial protection for you andyour family.
  • Wealth Creation Options: This plan also offers several options in terms of wealth creationvia financial instruments. Your money can become a part of equities that involve reasonably high risk,or traditional and safer instruments like fixed interest securities. Some plans may also offer guaranteed returns.
  • Flexibility: Every individual has different life goals and priorities. Plans that help you saveconsider such differences and offer a range of flexible features that can be adaptedto suit each individual’s needs. They offer options in the wealth creation criteria,along with terms and payouts. You can also switch your choice of wealth creation avenues as and when your risk appetite changes.

Choosing the Right Plan

Plans that help you save come in a range of products and variants across the board. To find one that best suitsyour savings requirements, you mustanalyse your financial goals. Chalk out your long-term or short-term goals that will benefit from this plan. Use a savings plan calculator and calculate the different estimated values of plans. Moreover, finalise a growth horizon and determine your risk appetite.

You must also pay attention to the specifics of the plan you wish to opt for. Consider vital factors such as the unique features, the flexibility it offers, and additional benefits such as riders.

Once you are sure of your decision, you can go ahead and purchase an online savings plan from a good insurance company

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Mortgage Broker- Meaning, Responsibilities, And Advantages!

Nowadays, many people need to borrow money, but it is one of the complex decisions that one has to make because it is hard to find a lender. A person may not get all the things so quickly, and even if they find the lender, there are also many other things that they need to take care of. It is because it involves endless paperwork that has to be done, and it is vital for a person to have a good credit score, and if they will not, they may not be eligible for the loan amount.

But if you want are the mortgages for first time buyers, then you should go for a mortgage broker because they will help you in solving all these problems and give you the best solution for that. Now you have the doubts such as that that are mortgage broker, what they or why people should choose them? So In this article, you will get to know about all the things related to them.

About Mortgage Broker

A mortgage broker is a mediator between the lender and borrower; he is the middleman that people hire to manage the mortgage loans for the individual or the business. They keep contact between the lender and borrower; a person does not require any professional degree to become the broker.

But they do need some knowledge about the market in which they are going to work. This process involves lots of paperwork, and the mortgage broker helps the person in getting all the documentation done.

What are the responsibilities of a mortgage broker?

A broker has to handle plenty of things between the lender and the borrower. This work comes with so many responsibilities and duties that a broker has to offer to their clients, such as mortgages for first-time buyers, which may vary from service they are offering to a different client.

Here are some of those responsible are as follow-

  • The first duty and responsibility of a broker are to give the best financial advice to their clients, and for that, they need to have perfect knowledge about all the stuff that is related to the market so that they can tell about the financial position of the borrower and help them in every situation.
  • The person should research the market so that they can find the best and mortgage products available in the market and offer them to their clients. As a broker, it is their responsibility to provide their clients the best deals.
  • It is their responsibility to always give the complete details to their clients, complete the mortgage application of loan, and meet all the necessary paperwork. If you are broker is not offering you all these services, then a person should not choose them.
  • The broker’s next responsibility is that they should disclose all the legal documents to both the parties, such as the lender and the borrower. And they should also make this sure that whatever they have explained to the clients is understood by them or not, and if they do not understand it, they should explain that to them.

From all the points, a person may have got the idea that if they are hiring the broker, then they should check their services if they are offering these the only they should hire them. If they are not, then they should seek some other options.

Advantages of broker

A mortgage broker offers so many benefits to the people, and some of those advantages are mentioned below-

  • One of the main benefits that a person can experience from hiring a broker is that they help you in saving time. First of all, they will give you the lender according to your specification. There is a lot of paperwork involved in the loan; the broker does all those things, and the clients do not have to worry about anything.
  • If we talk about the borrower, then they do not have to pay any fees to the broker because the broker has already been paid by the lender when the loan is taken out. They get their commission from there and the borrower does not need to pay them again.
  • They have so many contacts with the lender, and they will find you the best market deals and make it process in the fastest way it is possible. People do say that there should be no rush while mortgaging the loan, but there are some situations where you need money, so these brokers help you in getting that in no time.

So, you may have got the idea that if you hire the broker, then these are some of the benefits that you will get to experience. This is not just there are many others such as you can save you money and time and many other benefits that you will get to know once you hire them.

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Reasons why organizations should embrace cloud services.

Moving to the cloud is a term that you will find in many organizations. But in a real sense, it is an easier said than done term. Cloud procurement and the courage to move to the cloud is a scarily step that many organizations are not ready for. The IT team is worried about privacy and security issue. On the other hand, employees are concerned that this step might make them lose their jobs. However, in modern times, moving to the cloud is the best option for any organization. Research has shown that the best way to manage data is through cloud services. Below are some of the reasons why organizations should embrace cloud services.

  • To reduce the burden and the burnout on the internal teams.  

The IT teams have a lot of work in an organization. They have to provide 24/7 support to the team and ensure that all things run well. All the organization departments depend on the team, and incase their consent is withdrawn, and the organization runs into trouble. However, when an organization gets all these done by an eternal source, the team’s burden is significantly reduced. They can now focus on the other issues of the organization, such as the following product review or innovative plan. By so doing, the organization will run well, and things will be okay.

  • Reduction in cost of savings

When your organization embraces cloud services, there is a substantial reduction in the cost.

Earlier on, one had to purchase servers and ensure that they are well maintained. Maintenance of physical servers is not a simple thing. Organizations have to part way with a lot of cash. However, when you move data to could, you eliminate this issue. Here, your organization can grow exponentially without necessarily going for in-house investment. All this is taken care of by the cloud vendor. Thus the organization can focus on other issues such as strategic management and plans for the next quarter.

  • Flexibility and scalability 

An organization that embraces cloud services is more flexible and scalable in how it does its business. The workers here can execute their duties from anywhere on the planet. They do not need to visit the offices to what is required of them. A good example is now when the whole world is faced with a pandemic. Employees in the organization can work from home, and this ensures that the organization grows. Using either a laptop or their phones, they can complete the work faster than in the office. Even on a visit tour to the client, employees have the joy of accessing internal systems through the cloud platform.

Thus, embracing the cloud is super crucial for any organization that needs to be flexible and scalable.

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Top Financial Factors That Impact the Forex Market

The Forex market can be affected by different economic theories on a short and long-term basis. Such influence has the ability to bring about changes in the financial data more immediately. Most times, the largest firms and companies in the currency exchange market are comprised of various participating countries. The currencies of these countries represent the shares of these countries. So, it can be summed up that a country’s financial data corresponds to the net earnings of and information about a business entity.

Financial Factors that Impact the Forex Market

There are instruments like the information and news regarding a country’s internal economy, which directly influence the country’s currency price. Pretty much the price of a country’s currency follows the direction of those concurrent events and news releases.

Here are several of the essential factors that help shape a currency’s potential at a particular time.

1.     Employment Data

The date which represents the current number of employed people in the US finance is termed as the non-farm payroll. This non-farm payroll data gets released every month on its initial Friday. The date has been being released by the BLS of the Bureau of Labor Statistics.

If an economy indicates a steep fall in the employment rate, it shows a highly contradictory economy. Conversely, a steep rise is the indicator of a prosperous and investable economy.

2.     Interest Rates

Interest rates are more important than they sound. They were and are always one of the prime focuses in the currency business. In all the economies in the world, monetary policies and supplies are mandated by the central banks of the respective countries.

A higher interest rate set by the central banks shows their willingness to make their currencies more sharable. People get more profit by trading them. Those who are trading mutual funds, must By having clear knowledge of this industry and the impact of interest rate, retail traders in Singapore can make wise decisions with great ease.

In contrast, central banks prevent their currencies from getting traded by increasing their rates of interest. People stop trading such assets with lower interest as they cannot make much money exchanging them.

3.     Inflation

Inflation is the measurement of an asset’s pricing level and the decrease and increases volume over a range of time. The level of inflation is determined by a group of services and goods that a country produces or imports.

A high level of inflation means that the money of a country has less value. People typically avoid such a country’s money because of their given indication of a less stable economy.

On the contrary, a low level of inflation is a sign of a more stable economy and never fails to hook traders to trade the asset of that economy.

4.     GDP

GDP is the measurement of the services and goods that a country produces within the range of a year. The GDP can fall into four discernible categories:

  • Business Earning
  • Government Earning
  • Private Production
  • Total net Imports

GDP is the ultimate representation of a developed, organized and productive country. The GDP value of a country shows its economic progress compared to the previous years.

5.     Geopolitical Events and Macroeconomics

Events like financial crises, elections, monetary policy changes, and wars have the greatest impact on the Forex market. Most times, because of these events, a country has to revamp its internal structure. Any change in a country’s internal political and economic state affects the tradability of its asset.

6.     Capital Flows

The value of a currency can be significantly influenced by the monetary or capital flow resulting from particular interactions among countries. When the volume of imports exceeds the volume of exports, there is a tendency for a related country to observe a decrease in its tradable assets’ values.

On the other hand, an increased investment volume evokes the opposite result.

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Helping You Navigate PUA And Other 2020 Taxes

As we bid goodbye to 2020 and say hello to 2021, it’s also time to say hello to tax season.

This is one tax year that’s going to confuse a lot of people. You may have received help in the form of PUA unemployment insurance, PPP loans, or EIDL grants. About 13 million were on the PUA program alone.

Each of these programs has tax implications that you may not be aware of. How can you make sure that you’re ready for 2020 taxes?

Read on to find out exactly what you have to do to get your taxes right.

PUA Unemployment Insurance

Did you collect unemployment through the Pandemic Unemployment Assistance program or regular unemployment?

That income is taxable by the IRS. Some states tax your unemployment benefits, too. When you sign up for unemployment, you can elect to have about 10% withheld for federal taxes.

If you elected to have taxes withheld, it still may not be enough. You may end up owing money to the IRS and your state.

If you didn’t have taxes withheld at all, you will have to pay taxes on your unemployment income.

PPP Loans and Taxes

For small business owners and self-employed people, the PPP loan program provided a lifeline to get through a tough period of lockdowns.

PPP loans allowed businesses to have the loans forgiven if the loan was used for payroll, rent, utilities, and mortgage interest.

The catch is that after the program rolled out to millions, the IRS announced that businesses couldn’t deduct the expenses paid for by the loan.

The loan isn’t considered taxable income, so those expenses are considered double-dipping.

Fortunately, that issue was corrected by lawmakers. Businesses can now deduct those expenses paid for by the loan. However, it’s not clear if states will allow you to deduct the expenses or not.

EIDL Grants

Another program was the EIDL loan program. Businesses that applied for a loan under this program received a grant between $1,000 and $10,000, depending on the number of employees at the business.

Many rushed to sign up for this loan in the hopes of getting “free money” from the government. This money is taxable income, so there’s nothing really free about it.

Behind on Your Taxes?

Let’s say that your taxes caught you by surprise this year. What do you do if you owe a large tax bill? You do have options, but you have to be proactive.

You can go on an installment plan or file an offer in compromise. Check out this page if you need help figuring out the best option for you.

File Your 2020 Taxes With Confidence

The year 2020 has been a challenging one on many levels. Don’t let your 2020 taxes be challenging, too. You just have to know what to expect before you file your taxes.

It’s safe to assume that the IRS treats everything as income. That includes PUA, and “free money” from EIDL grants. You need to make sure you include these funds with your annual income.

Be sure to check out the Finance section of this site for more money tips.

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Home Loan Protection Plans A cover to your Home Loan

  • Buying a home has become a super-expensive affair in times of high inflation. The rise in the housing market has made prospective house buyers opt for home loans. However, homebuyers’ financial plans can be weighed up against a range of factors, including the event of job loss, disability, or death.
  • An applicant who has gone through the process of buying a home must ensure that their lender insists on taking out home loan insurance. Sometimes lenders even make it mandatory to get a “home loan protection plan” (HLPP) before applicants take out a home loan. These insurance plans are bought to combat life’s insecurity.

What Is a Home Loan Protection Plan?

  • It is an insurance plan that covers your home loan. In the event of a borrower’s death, the insurance company will settle the outstanding amount of the home loan with the lender.
  • By purchasing an HLPP, the borrower can ensure that the family is exempt from any financial liability associated with the payment of the mortgage in the event of his/her non-survival. The insurer pays the outstanding amount to the bank and hands over the documents of the property to the family of the borrower. The RBI has not yet made it mandatory to buy home loan insurance to get a home loan. There is also provision for home loan insurance plan which turns out to be helpful.

So to decide whether or not to buy the insurance, we should first understand the features of HLPP.

What are the Features of Home Loan Protection Plan (HLPP)?

  • A home loan programme is a decreasing policy on term insurance.
  • Home loan insurances usually operate only for Death Benefits, although there are a few plans for disabilities, so you have to be cautious when picking one.
  • Most home loan schemes have a one-time premium payment option. However, you can also club the premium in the EMI while paying the remaining loan balance through EMI.
  • Every year according to the policy plan, the amount guaranteed declines.
  • In a home protection plan, there is no maturity benefit.
  • In the tragic situation of the borrower’s death, the insurance provider pays the assured amount as a Death Benefit and terminates the policy.

What Are The Things to Know about Home Loan Insurance?

You need to remember some of the main factors to ensure that the policy you purchase covers your needs if you are about to buy insurance on your house loan. Usually, the insurance company is generally advertised by the lender’s relations officer, but some aspects should be known when opting for a home loan insurance policy.

Some of the points to check before buying home loan insurance.

Payment Method– The mode of payment is one of the checklists to take into consideration when purchasing the insurance. The payment of various insurance policies for home loans comes separately. It is typically paid in three separate forms –

  1. a) One-time premium payment
  2. b) Regular premium payment  
  3. c) Limited premium payment.

Coverage – Insurance cover is a factor to consider when choosing a home loan or insurance policy. This is important because not all insurers a cover job loss, disability, illness, unforeseen event, etc. as some of their competitors.

Being aware of the insurance cover before choosing an insurance policy is essential. Insurance premiums may rise as a result of an increase in the coverage.

Tax Benefits –There are no tax benefits with Home loan insurance. Although, you can get tax benefits when you repay the home loan.

If you decide to pay your insurance premium in a single payment, your bank will pay that amount to the insurance company.

The same amount is distributed evenly in the EMI payment, but you will lose a significant tax advantage.

How Home Loan Insurance Benefits The Lender?

  • Most lenders insist that borrowers buy HLPP to minimize risk. No lender wants to convert the loan into an NPA (Non Performing asset/bad loan). As the home loan insurance covers home loans, lenders can require borrowers to choose an insurance plan.
  • The HLPP covers the risk of an NPA in the event of the death of the sole borrower, but borrowers can avoid HLPP if they have adequate life insurance.
  • Keep in mind that insurance is a third-party product, and banks typically earn a commission on insurance sales, which provides a further incentive for the bank. So some lenders put pressure to earn such incentives.

How Home Loan Insurance Benefits The borrower?

  • Home loan insurance provides cover to the outstanding amount of the home loan, ensuring that the borrower’s family will not have to evacuate the property if the borrower is unable to pay the EMIs. Most HLPPs cover disability or death of the sole borrower. This means that the insurance company will repay the loan if the sole borrower is unable to repay the loan due to a severe illness or job loss.
  • Purchasing a home loan protection plan is very easy. The insurance contribution is added to the EMI amount, which is a minimal change to your EMI amount, and you can therefore purchase insurance without financial pressure. 

What are the pitfalls?

Usually, the premium of home loan insurances is paid at one time and does not have a significant impact on the EMI. Generally, home loan borrowers take insurance as it reduces the financial pressure. These insurances are readily available, but you should consider specific points while you buy the product.

  • No tax benefits on the premium amount
  • No maturity benefit
  • Home loan protection plans are costlier than general term insurances.
  • The protection plan becomes null and void if you change your lender.
  • Home loan protection plans do not cover death under natural reasons or suicide. 



For home buyers, a home loan insurance plan is a must product for a home purchase, and taking it is always a significant financial burden. Lenders used to have liability insurance that limited your choices; it is essential to make objective decisions, rather than assume that the lender is offering the best product on the market. Buying a home loan protection plan can secure the repayment of your home loan when you’re not there.

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List Of Other Countries That Have GST And How They Perform In Comparison

HSN codes for Goods and Service Tax (GST) in India

Briefly Understanding GST

The Goods & Services Act was a landmark reform in Indian taxation history. It was introduced in 2017 after years of contemplation over the indirect taxation system in the country. The main aim of the government was to eradicate the complex indirect taxation system that prevailed earlier and replace it with a comprehensive indirect taxation method that promoted entrepreneurship and helped to increase the tax revenue for the government.

Let’s delve deeper into what is GST and which other countries have adopted this framework over the years. The Goods and Services Tax was introduced as an umbrella framework for all the indirect taxes on the lines of “one tax for one nation”. It is a multi-stage destination-based taxation reform that levies indirect taxes on the supply of goods and services in the country.

GST was an important reform required to give a push to the manufacturing sector in India by removing the cascading effect of taxes. The aim was to reduce the final price of goods and services charged from consumers and induce them to buy more from local manufacturers.

Comparing GST in India With Other Nations

GST is not indigenous to the Indian taxation system and has prevailed for decades before it was implemented in India. France was the first country to introduce the Goods and Services Tax in the year 1954. Eventually, more than 150 countries adopted this indirect taxation system in some form or the other. Countries like Spain, UK, Brazil, Canada, Italy, South Korea and many others have adopted this indirect taxation system over the years.

The applicability and mechanism vary from country to country. One of the major benefits of this taxation system is that it removes the cascading effect on tax which is tax paid on the tax amount included in the price of goods and services. The Input Tax Credit mechanism present in GST is for the ultimate benefit of the consumers. Nations like Canada and Brazil have a unique GST framework that is known as the Dual-GST model. India has adopted a similar framework for its indirect taxation system.

In a unified GST structure, the federal or the central government is responsible for the collection of taxes and distribution of the tax collected to the respective state governments. However, in the dual GST mechanism, a state tax is also applicable in addition to the federal tax charged on goods and services. In India, there are three nodes to the entire GST umbrella; the State GST (SGST), the Central GST (CGST), the Integrated GST (IGST).

The GST rates in India are divided under five tax slab rates that cover more than 1300 goods and 500 services. The tax rates applicable to goods and services are in the range of 0 to 28 per cent. Approximately 60% of goods fall between 12 to 28 per cent slab. There is a special tax slab for goods under precious and semi-precious stones category like gold for which charges are in the range of 0.25% to 3%.

The mandatory GST registration limit in India stands at Rs. 40 lakhs for normal businesses and Rs. 20 Lakhs for some special states based businesses. Two monthly and one annual return has to be filed by businesses registered under GST in India. Let’s compare the Indian GST framework with some other prominent nations to get some deeper insights.

Comparing with Canada

The GST system in Canada is named as Federal GST & Harmonised Sales Tax (HST). The standard rate for federal GST is at 5%, and the HST differs in the range of 0-15%. The threshold limit for mandatory GST registrations in Canada stands at $30,000. Returns can be filed on a monthly, quarterly or annual basis depending on the turnover amount.

Comparing with the UK

The GST system in the UK is called the Value Added Tax. There are primarily three tax slabs to cover various goods and services under GST in the UK, the tax slabs are in the range of 0 to 20%. The threshold limit for mandatory GST registrations in the UK is at 73,000 pounds. Returns are filed quarterly for normal businesses; small businesses can even file annual GST returns.

Comparing with Singapore

In Singapore, the Goods and Services tax goes with the generic nomenclature ‘GST’. GST was introduced in this country way back in 1994 with a single tax rate of 3%. It eventually changed after the year 2007 and increased to a standard rate of 7% with some exemptions. The threshold limit for mandatory GST registrations in Singapore stands at $1 million. The GST returns are usually filed every quarter, but businesses can also opt for a monthly basis.

Comparing with France

France was the first country to introduce the indirect taxation system called GST in 1954. It started with four tax slab rates varying in the range of 2% to 20%. The standard GST rate levied on the majority of goods sold in France stands at 20%.

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Build Wealth With Best Choice – Jd Stock has emerged as one of investors’ favorite Chinese tech stocks this year. It focuses on the e-commerce business. The company is China’s second-largest e-commerce company by sales after Alibaba  Notably. has investment and commercial relationships with Google and Walmart. Google made an investment of $550 million in in June 2018. The company took a minority stake in the business. The company also cut a deal to help grow its international business. The jd stock at has risen over 7.0% since the Google investment.

Benefits for Investors in the stock.

Like Amazon, benefits from the spike in online shopping amid COVID-19. China placed several cities on lockdown at the height of the coronavirus infections in the country. With the lockdowns in place and physical retail outlets closed, Chinese households started shopping online, which increased the demand for’s e-commerce service.

Investors’ strong appetite for jd stock also comes as the company prepares for a secondary listing of its shares in Hong Kong, following in the footsteps of its larger rival Alibaba. The listing could help the company raise as much as $3.0 billion.

To survive the pandemic, companies want to shore up their liquidity. Recently, companies like Apple, Walt Disney, and Netflix have tapped the debt market to raise additional cash. doesn’t seem to have a liquidity problem. The company wrapped up 2019 with $9.0 billion in cash. The Hong Kong listing promises to boost the company’s war chest.

Is JD Stock Your Best Chinese Play?

In 2020 you can do better. Alibaba shares are still down slightly for 2020, but rival is up by nearly one-third.

JD is due to deliver its first-quarter report on May 15. The consensus is for earnings of 11 cents per share on sales of $19.17 billion. But there’s a “whisper number” that’s higher, at 18 cents.

There are reasons for JD’s recent rise, but there are different reasons for you to consider an investment in this stock today. Might Raise $3 Billion via Secondary Offering in Hong Kong

Hong Kong has been one of the most volatile equity markets in the world in the last 12 months. The region has experienced unpredictability first due to protests against China and then due to the COVID-19 pandemic.

  1. Com’s listing will give investors in Hong Kong and China a chance to invest in one of the fastest-growing e-commerce stocks in the world. is often compared to e-commerce giant Amazon and has managed to grow at a fast clip over the years. With annual revenue of approximately $80 billion in 2019, is a technology heavyweight. If you want to know more stock information like teum stock, you can visit at .
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