navia commodities broker pvt ltd now member of national spot exchange ltd (nsel)

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Navia Commodities Broker Pvt Ltd Now Member of National Spot Exchange Ltd (NSEL)

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Navia Commodities Broker Pvt Ltd Now Member of National Spot Exchange Ltd (NSEL). NSEL Trading Account E-SERIES Now Trading : E-GOLD E-SILVER E-COPPER E-LEAD E-Zinc. Buying Units. E-GOLD:1grm E-SILVER:100 grms E-COPPER:1Kg E-LEAD:1Kg E-Zinc:1Kg. Settlements. - PowerPoint PPT Presentation

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Page 1: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Navia Commodities Broker Pvt Ltd

Now Member of National Spot Exchange Ltd

(NSEL)

Page 2: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

NSEL Trading Account E-SERIES

Now Trading :E-GOLD

E-SILVER E-COPPERE-LEADE-Zinc

Page 3: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Buying Units

E-GOLD : 1grm

E-SILVER : 100 grms

E-COPPER : 1Kg

E-LEAD : 1Kg

E-Zinc : 1Kg

Page 4: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

SettlementsIntraday : T+1 Day

Next day - Payin before 11am.

Delivery : T+2 Days

Auction Settlement : T+4 Days

Page 5: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Trade Timing

Market open from MONDAY to FRIDAY.

Timing : 10am to 11.30pm

Page 6: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

PURITY

• GOLD : 995 Grade Purity.

• SILVER : 999 Grade Purity.

Page 7: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Comparison of investment in E-Gold through different sources

Page 8: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Account Opening Charges

Documentation Fee : Rs250.

DP AMC * : Rs.1000 individual.

Rs.5000Corprate.

* DP AMC valid for 10 years

Page 9: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Exposure

• INTRADAY : 6 – 10 Times.

•DELIVERY: 4 Times .

Page 10: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Brokerage

• Brokerage * :

0.04% Intraday

0.40% Delivery

• Minimum Brokerage : Rs 30/- per day

* Statutory charges are applicable

Page 11: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Cost of Purchase

Particular E-GOLD E-SILVER

Min. Delivery Unit 1 gram (1 Unit) 100 gram ( 1 Unit)

No. of Unit 1 1 1

Purchase rate 2872.4 5704.5

Transaction Cost( 10 per lakhs)* 0.29 0.57

Brokerage @ 0.40% of purchase rate 11.4896 22.818

Stamp Duty @ 1/- per 1 Lakh of Transaction

0.03 0.06

Service tax @ 12.36% 1.4 2.8

Total Cost on purchase (per unit) 13.2096 26.248

Page 12: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Price comparison of Gold Coin purchase from various sources

Particulars E-Gold HDFB Bank State Bank of India

Jeweller

Brokerage 0.04% Service Tax 12.36% Net Cost 999 fineness 30,134 34003 31058 33552Price Difference E-Gold Coin vs Others 3869 925 2658

Page 13: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Physical Conversion Charge for Silver.

Silver Conversion charges(per coin/ bar)

100 Grams Rs. 100/-

1 Kg Rs. 200/-

5 Kg Rs. 200/-

Page 14: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Physical Conversion Charge for Gold.

Gold Conversion charges(per coin/ bar)

8 gms 200

10 gms 200

100gms 100

1 kg nil

Page 15: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)

Taxation liability on E-Series

WEALTH TAX: Under Section 3 of the Wealth-tax Act, it is applicable @ 1% of the amount by which the net wealth exceeds Rs.30.00 lakhs.

Page 16: Navia Commodities  Broker Pvt Ltd Now Member of  National Spot Exchange Ltd (NSEL)