China Ends Gold Tax Break: What It Means For Prices And Global Bullion Markets

In a significant shift for the global bullion market, China has abolished a key tax break on gold purchases. Starting November 1, the Ministry of Finance announced that retailers can no longer offset value-added tax (VAT) when selling gold purchased from the Shanghai Gold Exchang

Read More

  • Related Posts

    UPI Hits Record 754 Million Daily Transactions As Monthly Volume Crosses 20 Billion In October

    India’s instant payment mechanism UPI developed by the National Payments Corporation of India has recorded a whooping 20.70 billion transactions in October, higher from 19.63 billion in September and 20.01 billion recorded in August.As per NPCI data, the total transactions conduc Read More

    7 Big Financial Update: From November 1, Major Changes In Bank & Finance Rules!

    The calendar has flipped to November and with it comes a lineup of important new financial rules that are about to touch your everyday money life.Whether it’s simpler tax brackets, better ways to nominate family for your bank accounts, or even changes to your credit card fees, kn Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *