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leverage ai to improve sales efficiency by automating administrative tasks ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.Indian commodity exchanges have come a long way since their inception and are currently at par with all major global commodity exchanges.  In fact, by 2013, India had one of the exchanges across the world in terms of trading volumes (ranking within the top 3 exchanges worldwide) when it came to trading in Gold, Silver, Natural Gas as well as Crude Oil reflecting increasing efficiencies in their basic functions of price discovery and risk management.

However, a lot of it changed with the introduction of theCommodity Transaction Tax (CTT)by the Government of India from July 2013.

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However, with CTT, transaction cost for a trader increased by about 5 times, causing the trader to rethink his/her options as the propose rate does not reflect volatility conditions of the commodity vis-à-vis equity derivative markets.

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leverage ai to improve sales efficiency by automating administrative tasks ✌️【365vc.net】✌️₹500 is all it takes to start earning up to 100% monthly. Take control of your financial future!While the total traded value in gold futures had steadily increased from 2005 to 2012, from about Rs.

1,80,000 crores to over Rs.

37,00,000 crores (from approximately 2650 kgs to 12,600 kgs); upon the introduction of CTT in July 2013, the trade value dropped to about Rs.

30,00,000 crores (volume dropped to about 10,600 kilograms).

leverage ai to improve sales efficiency by automating administrative tasks ✌️【365vc.net】✌️₹500 investment to unlock massive monthly income. Start now and grow your earnings online!The negative effect was more startling in 2014 and 2015 with trade values dropping to approximately Rs.

12,50,000 crores and Rs.

11,70,000 crores respectively  – a drop of about 67% from its peak in 2012[1].Though first introduced in the Union Budget 2008 – 09, CTT was subsequently withdrawn and this had a huge positive effect on the growth of the Indian commodity exchanges.

However, CTT was reintroduced in the current form in the 2013 – 2014 Union Budget – it came into effect from July 1, 2013 and is applicable to all non–agricultural futures trade; the rate being 0.01%.  In this article, we attempt to analyze the objectives, results and impact of CTT on gold futures.We first look at the revenue generation aspect of CTT.

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leverage ai to improve sales efficiency by automating administrative tasks ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.Based on the projections, we then calculate the revenues that would accrue to the government, with and without CTT.leverage ai to improve sales efficiency by automating administrative tasks Secure Financial Investments: Double Your Wealth Fast