The US Economy and the Midterm Elections – Gold Silver Reports

The US economy is growing, inflation has finally hit the US Federal Reserve’s 2% target, and unemployment is quite low – and at an all-time low for African-Americans and Hispanics. For the first time in memory, there are more job openings listed by US companies than there are unemployed people. Such conditions usually foreshadow rising real (inflation-adjusted) wages, which would indicate that American workers, many of whom were left behind in the anemic post-crisis recovery, might finally reap benefits from the strong economy.  

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Senior Executive Of Nirav Modi Firm Gets Bail : PNB Scam

PNB Q3 Results

Gold Silver Reports (GSR) – Ambani, president of finance at Modi’s firm Fire Star Diamond, was arrested by the Central Bureau of Investigation in February this year. According to the CBI, Ambani was aware of the fraudulent letters of undertaking issued by PNBs former deputy manager Gokulnath Shetty in favour of Modi’s firms.             

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Having a PAN Card Doesn’t Make Income Tax Return Filing Mandatory

Having a PAN Card Doesn’t Make Income Tax Return Filing Mandatory

Gold Silver Reports (GSR) – Having a PAN Card Doesn’t Make Income Tax Return Filing Mandatory — According to the income tax website, till 31 March 2018, there were about 379 million Permanent Account Numbers (PAN) allotted to various entities. Out of these, 369 million or 97.46% PANs were allotted to individuals. But irrespective of the fact that you have been allotted a PAN, it is not mandatory to file an income tax return (ITR) if your income is less than the maximum exemption limit. But it is mandatory to have a PAN card to file an ITR. In FY2017-18, about 67 million returns were filed, which is about 18% of total PAN allotted. Read more to know when one needs to file tax returns.                    

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RBI Monetary Policy Prediction Today

Gold Silver Reports (GSR) – RBI Monetary Policy Prediction Today: Indian Stock Market would open flat with negative bias. Technically, Nifty also entered into negative zone. BankNifty is still in negative zone. Now, today RBI Policy would be disclosed and it would affect Indian Stock Market direction. Street expect Rate hike this time.

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