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ACCOUNTING METHODS FOR GOLD
Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
- Akshaya Tritiya Meets Smart Investing: The Rise of Digital GoldAkshaya Tritiya, a day for prosperity, now embraces digital gold. This modern investment allows easy online gold purchases, offering conven...
- Digital gold offers on Akshaya Tritiya 2026: Check offers on Paytm, PhonePe, JioFinance; how to buy gold from homeAkshaya Tritiya 202: Akshaya Tritiya on April 19, 2026, sees a surge in digital gold purchases. Platforms like PhonePe, JioFinance, and Pay...
- Gold loan repayment: Which method saves you the most money? A simple guide for every borrowerGold loans offer quick liquidity, but choosing the wrong repayment method can significantly increase your interest burden. From regular EMI...
- Paytm customers to get gold coins on UPI, card and online payments; check how scheme worksPaytm introduces 'Gold Coins,' a rewards program converting digital payments into gold. Customers earn gold coins, redeemable for digital g...
- How jewellers quietly dodged over Rs 100 crores in taxes using FIFO-LIFO methodIndian jewellers are under scrutiny for potentially using the prohibited LIFO accounting method to underreport profits and evade taxes amid...
- Income Tax Department begins crackdown as jewellers strike gold with accounting trickAmid rising gold prices, some jewellers are under scrutiny for potentially manipulating accounting methods to reduce profits and tax liabil...
- How to buy digital gold online this Dhanteras, Diwali from Google Pay, Tanishq, Jos Alukkas, PC JewellersDigital gold can be brought through online platforms that allow investors to purchase fractions of physical gold that are kept in safe vaul...
- Who is not eligible to buy digital gold in IndiaIndians' practise of purchasing physical gold at festivals such as Diwali, Dhanteras, and Akshaya Tritiya is gradually shifting to digital ...
- Enforcement agencies seized 3,083 kg gold till November this year; Kerala accounts for maximum seizuresEnforcement agencies have seized 3,083 kg of gold till November this year, with Kerala accounting for the maximum number of seizures, Parli...
- Gold loan interest rates: Banks offering lowest interest ratesGold Loans are secured loans, a poor credit history will not affect your ability to obtain one. Gold price variations will also have no eff...
- Akshaya Tritiya: How to buy, sell gold via Google Pay?Akshaya Tritiya is one of the celebrations in which purchasing gold is said to bring money and good fortune. Here's an explanation of what ...
- DRI sniffs out trail of smuggled gold tradeThe huge, undeclared currency is allegedly used to buy jewellery overseas and bring it back in person by the same or unrelated parties
- Niti Aayog panel to help revamp gold marketIt will also examine the duty structure on gold, currently at 10 per cent, and suggest changes.
- Customs authorities on their toes as smuggling of gold getting harder to catchSmugglers are trying to keep one step ahead of officials by secreting gold in unlikely hiding places or camouflaging it in surprising new f...
- NCDEX to launch gold futures contract todayNCDEX has introduced an independent gold premium polling mechanism that will give the Indian market an unbiased price benchmark for the fir...
- Gold duty hike in India sees higher imports in Pakistan, Bangladesh, Myanmar, Nepal and Sri LankaIndia's appetite for gold has set the alarm bells ringing in neighbouring countries that have seen a surge in imports of the precious metal.
- Tying investors into gold bonds can help slash the CADLet’s think about leasing gold from the public, say, through issue of gold bond that delivers back to investor the same amount of gold as w...
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