Smartian Capital Services Blog

  🔧 Industrial Demand: The Underdog Story: Silver isn’t just for jewelry or safe-haven play—it’s essential in solar panels, electric vehicles, 5G electronics, and advanced medical devices . Solar Energy Boom: Each solar cell uses silver—a growing renewable-energy trend directly boosting industrial demand. Tech Revolution: As electronics get smaller and smarter, silver’s conductivity makes it critical. This dual role— investment metal and industrial workhorse—gives silver a rare long-term demand foundation.   📉 Dollar Weakness & Gold-Silver Ratio: As the dollar slides, hard assets like silver become more attractive. Historically, the gold-silver ratio averages around 70:1 — but current ratios near 100:1 suggest silver may have more room to rise as it catches up with gold. In other words: Technical + macroeconomics = a bullish setup . 📊 Potential Silver Target: $50+ by Year-End? Many analysts are eyeing a rebound to $40–$50/Oz , citing strong breakou...

  In a significant step toward supporting economic growth and ensuring sufficient liquidity in the financial system, the Reserve Bank of India (RBI) has announced a 50 basis points (bps) cut in the policy repo rate , bringing it down to 5.5% . Simultaneously, it has unveiled a 100-bps reduction in the Cash Reserve Ratio (CRR) , to be implemented in four tranches throughout the second half of 2025. The announcement was made by RBI Governor Sanjay Malhotra during the post-MPC press briefing on Friday, marking a shift in the central bank's monetary stance from ‘Accommodative’ to ‘Neutral’ . The twin measures aim to spur credit growth, revive investment , and bolster India’s GDP trajectory , especially in the backdrop of easing inflation. Monetary Policy Shift Backed by Cooling Inflation The decision to reduce the repo rate comes at a time when inflation has shown consistent signs of moderation . The Consumer Price Index (CPI) for April 2025 eased to 3.16% , comfortably within ...

 

Non - Resident Indians (NRIs) often invest in Indian Financial instruments like Mutual Funds and Stocks. However, the Tax Treatment of Capital Gains depends on their country of residence and whether india has a Double Taxation Avoidance Agreement (DTAA) with that country. Here's breakdown of how NRIs can benefit from tax exemptions. Key Points About Capital Gains Tax for NRIs : 1. Exemption for NRIs Residing in DTAA Countries NRIs residing in countries that have a DTAA with India (e.g., UAE, Singapore, Mauritius) are exempt from paying capital gains tax on Mutual Fund Investments Structured as Trusts. The capital gains tax is levied only in the NRI's country of residence rather than India. 2. Tax Residency Certificate (TRC) is Mandatory To avail of DTAA benefits, NRIs must submit a valid  Tax Residency Certificate (TRC) issued by their country of residence.  The TRC serves as proof that the individual qualifies for DTAA based tax exemptions. 3. Applicability of DTAA Benefits M...