R.Tsubin | Moment | Getty Images Crypto tax evasion But just how does cryptocurrency lead to tax evasion? It largely comes down to lax reporting requirements, according to tax experts. The IRS may not be able to trace crypto income or transactions if they go unreported by exchanges, businesses...
NEW DELHI: Gold rose by Rs 195 to Rs 48,608 per 10 gram in the national capital on Monday following a gain in the precious metal prices, according to HDFC Securities. In the previous trade, it had closed at Rs 48,413 per 10 gram. Silver dipped marginally by Rs...
NEW DELHI: Crude oil prices rose by Rs 29 to Rs 4,884 per barrel on Monday as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the June delivery traded higher by Rs 29, or 0.6 per cent, at Rs 4,884...
NEW DELHI: Zinc prices on Monday rose 0.15 per cent to Rs 238.20 per kg in the futures trade on a firm spot demand. On the Multi Commodity Exchange, zinc contracts for the June delivery rose 35 paise, or 0.15 per cent, to Rs 238.20 per kg in 2,275...
NEW DELHI: Nickel prices on Monday rose 0.65 per cent to Rs 1,330.50 per kg in the futures trade as speculators built fresh positions on rising demand from alloy makers in the spot market. On the Multi Commodity Exchange, nickel contracts for the June delivery gained Rs 8.60, or...
Gold firmed on Monday and was on course for its biggest monthly jump since July 2020 as the US headed for a second month of decline, while growing inflationary pressures also lifted bullion’s appeal. Spot gold was up 0.1% at $1,904.34 per ounce by 0848 GMT, while US gold...
Eurozone finance ministers agreed in November to widen the responsibilities of the fund, known as the European Stability Mechanism (ESM), to strengthen the resilience of the common currency area amid worries that the COVID-19 pandemic increased risks of future economic trouble. The changes will allow the ESM to lend...
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A worker is seen in the workshop of a factory manufacturing medical devices in Lianyungang, Jiangsu province, China. Reuters BEIJING — Chinese businesses are letting go of more workers than they are hiring, even though the economy is seeing some recovery from the pandemic, official data showed Monday. That’s...
NEW DELHI: The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both. Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum...
NEW DELHI: Gold prices held firm above the key $1,900-level on Monday after US consumer prices rose more than the expected in April and supported the metals as an inflation hedge. Gold prices were strong in the domestic market as concerns of rising inflation looms and a strengthened rupee....