STT is not deducted when buying selling GOLD etfs
As such the exemption does not apply
From: kersi commissariat
Sent: Saturday, May 22, 2010 11:06 AM
Subject: Re: [sharetrading] Gold ETF ?????????????
can anyone confirm whether the rules of LTCG applies to Gold ETF also like, more than 12 months holding and is the Cap gain made on that is exempted?? some people have doubt over this,
kkc
From: sharetrading.moderator <sharetrading.moderator@yahoo.com >
To: sharetrading@yahoogroups.com
Sent: Fri, May 21, 2010 5:05:49 PM
Subject: [sharetrading] Gold ETF ?????????????
kkc
From: sharetrading.
To: sharetrading@
Sent: Fri, May 21, 2010 5:05:49 PM
Subject: [sharetrading] Gold ETF ????????????
Most of the Gold ETF`s are in the process of forming double top which when confirmed can be a bearish sign
Holders should remain alert and watchful
Fresh buying should be strictly avoided till the price breaches earlier top
Personally I am getting out of my Gold ETF may be for a long time to come
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
.
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