Finance Minister P Chidambaram introduced the commodities transaction tax (CTT) on recognised exchanges in the Union Budget 2013-14. This is a new levy proposed in the Finance Bill, 2013 for ...

Fiat money is highly liquid and easily transferable, making it widely accepted in day-to-day transactions. Since fiat currency isn't limited by a commodity's physical availability, it can ...

India to levy commodities transaction tax from July 1 India will levy 0.01 percent commodities transaction tax on futures contracts of non-agricultural commodities like precious, base metals ...

While investors can put money into commodities through ... there are also funds that offer physical commodities exposure. "These funds can minimize transaction costs and mitigate risks associated ...