Discover and read the best of Twitter Threads about #SGB
Most recents (24)
[1/🧵] An easy step-by-step guide for utilizing a #Ledger hardware wallet to configure @BifrostWallet as an #autoclaim executor on the #Songbird (#SGB) network.
To learn more, keep on reading and complete the steps. (😅 Warning: paranoia ahead.) 🧵👇
To learn more, keep on reading and complete the steps. (😅 Warning: paranoia ahead.) 🧵👇
[2/20] — What is the primary goal? —
The basic purpose of an executor address is to claim rewards on your behalf in order to save time, max. compound interest, & reduce unwanted exposure of a cold wallet.
Executors will then use auto. claiming to route rewards to your acc. 👍
The basic purpose of an executor address is to claim rewards on your behalf in order to save time, max. compound interest, & reduce unwanted exposure of a cold wallet.
Executors will then use auto. claiming to route rewards to your acc. 👍
[3/20] — 1⃣ Is it safe to assign the task to an executor? —
The executor cannot claim to any address other than the one provided by the user, therefore automatic claiming is secure. 💪
. . .
The executor cannot claim to any address other than the one provided by the user, therefore automatic claiming is secure. 💪
. . .
Now may be a good time to invest in SGBs.
Reason: You can get them at over 8% discount on exchanges.
We have observed a trend. When there’s an #SGB issue by RBI, prices rise in the secondary market.
But now, as there’s no new issue, they are cheaper.
A 🧵 on tips to buy SGBs
Reason: You can get them at over 8% discount on exchanges.
We have observed a trend. When there’s an #SGB issue by RBI, prices rise in the secondary market.
But now, as there’s no new issue, they are cheaper.
A 🧵 on tips to buy SGBs
Currently, there are 63 SGB issues listed on the exchanges.
But you cannot just buy the units of an issue that are trading at the maximum discount.
Why? They may not have enough trading volume.
Check the table for the volume of SGBs available at the highest discount.
But you cannot just buy the units of an issue that are trading at the maximum discount.
Why? They may not have enough trading volume.
Check the table for the volume of SGBs available at the highest discount.
What’s the takeaway here?
Don’t just go for SGB tranches available at the maximum discount.
Look for trade volumes as well.
The table below shows the issues with the highest traded volume.
Don’t just go for SGB tranches available at the maximum discount.
Look for trade volumes as well.
The table below shows the issues with the highest traded volume.
✨️✨️ Red Angel #01 ✨️✨️
A 2:1 edition, but only 1 will be listed for sale.
#SongbirdNetwork
#SGB #NFTs #Angels
#FlareCommunity
sparklesnft.com/item/songbird/…
A 2:1 edition, but only 1 will be listed for sale.
#SongbirdNetwork
#SGB #NFTs #Angels
#FlareCommunity
sparklesnft.com/item/songbird/…
🧙 The Magic Within 🧙
✨️ 10:1
🔒 1 will never be sold
✨️ 8 copies currently listed for sale at 200 $SGB
🔥 7
💰 1 will be listed for sale at 800 $SGB
sparklesnft.com/item/songbird/…
✨️ 10:1
🔒 1 will never be sold
✨️ 8 copies currently listed for sale at 200 $SGB
🔥 7
💰 1 will be listed for sale at 800 $SGB
sparklesnft.com/item/songbird/…
🧙 The Magic Released 🧙
✨️ 10:1
🔒 1 will never be sold
✨️ 9 copies currently listed for sale at 200 $SGB
🔥 8
💰 1 will be listed for sale at 1000 $SGB
sparklesnft.com/item/songbird/…
✨️ 10:1
🔒 1 will never be sold
✨️ 9 copies currently listed for sale at 200 $SGB
🔥 8
💰 1 will be listed for sale at 1000 $SGB
sparklesnft.com/item/songbird/…
The latest Sovereign Gold Bond (SGB) issue is open till Mar 10.
You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.
But there’s a cheaper alternative.
You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)
Should you buy them?
A 🧵
You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.
But there’s a cheaper alternative.
You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)
Should you buy them?
A 🧵
First, some quick facts.
Each SGB unit equals 1 gram of gold (999 purity).
New issues are sold through #banks.
There’s a Rs 50 discount on online purchases.
After the issue is over, #SGB is listed on stock exchanges.
This gives you the option to exit before maturity.
Each SGB unit equals 1 gram of gold (999 purity).
New issues are sold through #banks.
There’s a Rs 50 discount on online purchases.
After the issue is over, #SGB is listed on stock exchanges.
This gives you the option to exit before maturity.
SGBs mature in 8 years.
But they have a 5-year lock-in, which means you have the option to exit after 5 years.
On redemption, you get the prevailing market price of gold.
Plus, you earn an #interest of 2.5% every year on the issue price.
But they have a 5-year lock-in, which means you have the option to exit after 5 years.
On redemption, you get the prevailing market price of gold.
Plus, you earn an #interest of 2.5% every year on the issue price.
New issue of Sovereign Gold Bond launches today🤩
With the upside of Gold, you get 2.5% interest🤯
Here's all you need to know about #SGB🪙🧵👇
With the upside of Gold, you get 2.5% interest🤯
Here's all you need to know about #SGB🪙🧵👇
1/ What is a Sovereign Gold Bond (SGB)?
Instead of buying physical gold, SGBs come in a Demat form
The value of bonds increase with gold's value & vice-versa📈
No risk of theft or impure gold😌
Best Part🤩: The Govt and RBI back these bonds
Read till the end for a pro-hack
Instead of buying physical gold, SGBs come in a Demat form
The value of bonds increase with gold's value & vice-versa📈
No risk of theft or impure gold😌
Best Part🤩: The Govt and RBI back these bonds
Read till the end for a pro-hack
2/ Why not physical gold?
Imagine you go out to purchase physical Gold for investment purpose
A. You doubt whether it’s pure
Thugs ditch tens of people with fake gold daily
In India, this problem is very rampant🥵
Keep reading👇
Imagine you go out to purchase physical Gold for investment purpose
A. You doubt whether it’s pure
Thugs ditch tens of people with fake gold daily
In India, this problem is very rampant🥵
Keep reading👇
Die Umsetzung des #Selbstbestimmungsgesetz verzögert sich: Das ist gefährlich, weil mittels falscher Behauptungen Rechte nach wie vor munter #Transfeindlichkeit schüren. Doch wie steht es aktuell um die #Selbstbestimmung von trans* Menschen? #SBG 1/7
tagesschau.de/faktenfinder/t…
tagesschau.de/faktenfinder/t…
Am 06.01. äußerte sich FDP-Politiker @MarcoBuschmann zum Verzug des geplanten #SBG: Das Gesetz verzögere sich zurecht, da zuerst „Frauenschutzräume“ geschaffen werden müssen, die Menschen nach ihrem äußeren Erscheinungsbild ausschließen dürfen. taz.de/Verzoegerung-v… 2/7
Bei TERFs, also Trans-exkludierenden radikal Feminist*innen, wird das als Erfolg gefeiert, denn für sie sei das #SGB antidemokratisch. Schließlich würden ihre Bedenken nicht gehört, obwohl es schon seit Jahren positive Gutachten und Urteile vom Bundesverfassungsgericht gibt. 3/7
Die #Lohnschere in der Schweiz habe sich "wieder geöffnet". Zu diesem Schluss kommt der Schweizerische #Gewerkschaftsbund @GewerkschaftSGB in seinem neuesten "Verteilungsbericht". Die Berufstätigen mit unteren und mittleren Löhnen hätten heute real weniger Lohn als 2016. (1/4)
Insbesondere die im letzten Jahr anziehende #Teuerung habe die "bescheidenen Lohnfortschritte" zwischen 2016 und 2022 wieder zunichtegemacht, schreibt der #SGB. Die Einbusse betrage für beide Lohnklassen rund 700 Franken jährlich. (2/4)
Die «untersten 10 Prozent» verdienen gemäss SGB bei Vollzeit knapp 4’100 Franken monatlich (x13). Der mittlere Lohn betrage etwas mehr als 6’200 Franken.
Ganz anders entwickle sich die Situation bei den Topverdienenden: Für sie gehe es seit 2014 wieder aufwärts. (3/4)
Ganz anders entwickle sich die Situation bei den Topverdienenden: Für sie gehe es seit 2014 wieder aufwärts. (3/4)
A thread 🧵🧵🧵 on how to earn $sfin & $sgb in the @flrfinance dapp #Flrfarm with the WSGB you have delegating in the @BifrostWallet
First you’re going to want to go to the 4 box item icon on the bottom right. Click and enter.
First you’re going to want to go to the 4 box item icon on the bottom right. Click and enter.
This will take you to this screen below. Type in the @flrfinance #Flrfarm dapp address xff.flr.finance You can save it as a bookmark like I have below.
Once you have entered and connected your wallet to the #flrfarm dapp you will want to look for the WSGB SFIN pair as seen below 👇👇👇
[1/🧵] Is this you? 🤨
• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years
Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇
• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years
Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇
[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:
• 12th December 2020, 00:00 UTC
• #XRP Ledger index 60,155,580
. . .
• 12th December 2020, 00:00 UTC
• #XRP Ledger index 60,155,580
. . .
[3/20] . . .
You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.
→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . .
You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.
→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . .
The latest Sovereign Gold Bond (SGB) issue is here.
1 gram (or 1 unit) of SGB = Rs 5,409.
But you can buy previous SGBs for about Rs 300-350 cheaper on stock exchanges. (Check image)
Which one should you pick?
A thread 🧵
1 gram (or 1 unit) of SGB = Rs 5,409.
But you can buy previous SGBs for about Rs 300-350 cheaper on stock exchanges. (Check image)
Which one should you pick?
A thread 🧵
First, some essential details about SGBs.
New SGBs are sold through banks.
You can buy one unit, which is equal to one gram of gold (999 purity).
After the issue is over, they are listed on stock exchanges.
This gives investors an exit option before maturity.
New SGBs are sold through banks.
You can buy one unit, which is equal to one gram of gold (999 purity).
After the issue is over, they are listed on stock exchanges.
This gives investors an exit option before maturity.
SGBs mature in 8 years. But they have a 5-year lock-in.
What does this mean? ⬇️
It means you can withdraw after 5 years.
You get the market price of gold on redemption.
Plus, you earn an interest of 2.5% every year on the issue price.
What does this mean? ⬇️
It means you can withdraw after 5 years.
You get the market price of gold on redemption.
Plus, you earn an interest of 2.5% every year on the issue price.
#GOLD investment in #India ?
Most of us are hearing a lot about #SGB - Sovereign Gold Bonds these days. In this thread, I will try to explain my understanding
Sovereign gold bonds(SGB) were introduced by the Government of India in 2015 under the Gold Monetization Scheme.
1/n
Most of us are hearing a lot about #SGB - Sovereign Gold Bonds these days. In this thread, I will try to explain my understanding
Sovereign gold bonds(SGB) were introduced by the Government of India in 2015 under the Gold Monetization Scheme.
1/n
SGBs are substitutes for Physical gold, the bonds are issued by RBI (Reserve Bank of India) on behalf of Govt of India.
Imagine buying gold but in non-physical form, the price of the bond increases and decreases with the price of Gold in the international market
2/n
Imagine buying gold but in non-physical form, the price of the bond increases and decreases with the price of Gold in the international market
2/n
Why SGB?
For investors who would like to keep GOLD as an investment class in their portfolio, #SGB offers a lucrative option with a few advantages
Advantages
1) No risk of buying impure gold - You buy the bond, its held in the books of the RBI or in Demat form
3/n
For investors who would like to keep GOLD as an investment class in their portfolio, #SGB offers a lucrative option with a few advantages
Advantages
1) No risk of buying impure gold - You buy the bond, its held in the books of the RBI or in Demat form
3/n
New issue of Sovereign Gold Bond launches today🤩
With the upside of Gold, you get 2.5% interest🤯
Here's all you need to know about #SGB🪙🧵👇
With the upside of Gold, you get 2.5% interest🤯
Here's all you need to know about #SGB🪙🧵👇
1/ What is a Sovereign Gold Bond (SGB)?
Instead of buying physical gold, the SGBs come in a Demat form
The value of these bonds increase with gold's value & vice-versa📈
No risk of theft or being defrauded with impure gold😌
Best Part🤩: The Govt and RBI back these bonds
Instead of buying physical gold, the SGBs come in a Demat form
The value of these bonds increase with gold's value & vice-versa📈
No risk of theft or being defrauded with impure gold😌
Best Part🤩: The Govt and RBI back these bonds
2/ Why not physical gold?
Imagine you go out to purchase physical Gold for investment purpose
A. You doubt whether it’s pure
Thugs ditch tens of people with fake gold daily
In India, this problem is very rampant🥵
Keep reading👇
Imagine you go out to purchase physical Gold for investment purpose
A. You doubt whether it’s pure
Thugs ditch tens of people with fake gold daily
In India, this problem is very rampant🥵
Keep reading👇
Hi #Songbird Community,
Since our launch, the #Senators have been actively discussing TSO ethics and It is time to build Songbird's first TSO #ethics scoring system.
Recently we have seen TSOs openly discuss collusion, TSO best practices, and the costs of running one. 1/🧵
Since our launch, the #Senators have been actively discussing TSO ethics and It is time to build Songbird's first TSO #ethics scoring system.
Recently we have seen TSOs openly discuss collusion, TSO best practices, and the costs of running one. 1/🧵
@ftso_au, one of the very first TSOs on Songbird providing data since September 2021, who has also brough @flaremetrics to the #Songbird ecosystem; shed light on how expensive running a TSO can be.
@flareoracle_io, another OG TSO on Songbird who brought $sFORT to Songbird 2/🧵
@flareoracle_io, another OG TSO on Songbird who brought $sFORT to Songbird 2/🧵
-offered to look after smaller, more ethical TSOs by delegating to them. A few other TSOs joined the initiative.👏
@TsoAtlas, brought up the ethics discussions among TSOs and challenged complacency in our ecosystem.
@HugoPhilion mentioned that @FlareNetworks has planned 3/🧵
@TsoAtlas, brought up the ethics discussions among TSOs and challenged complacency in our ecosystem.
@HugoPhilion mentioned that @FlareNetworks has planned 3/🧵
[1/15] Die News rund um #FLR/#SGB und @FlareNetworks reißen nicht ab! Soeben noch über #FIP.01 geschrieben, postet (FlareN.) $FLR / $SGB jetzt über die neue Partnerschaft mit @GoogleCloudTech
Meine kurze Einschätzung und ein Blick auf den GoogleCloud Blogeintrag in einem 🧵👇
Meine kurze Einschätzung und ein Blick auf den GoogleCloud Blogeintrag in einem 🧵👇
[2/15] Fangen wir damit an die Größe der "#Cloud" einmal zu quantifizieren und in Zahlen einzufangen:
• Welche Player sind auf dem Markt?
• Welche Infra. hat wieviel % vom Kuchen?
• Wie Groß ist der Kuchen und wird er noch größer?
• Was wird angeboten?
• Welche Player sind auf dem Markt?
• Welche Infra. hat wieviel % vom Kuchen?
• Wie Groß ist der Kuchen und wird er noch größer?
• Was wird angeboten?
Aus dem "Thomé Newsletter 29/2022" vom 31.07.2022 (nicht formatiert, Hashtags WRKSHP): Grundsätzlich besteht für Leistungsbeziehende nach dem #SGB II und SGB XII
ein Übernahmeanspruch der Unterkunfts- und #Heizkosten in tatsächlicher
Höhe (so § 22 Abs. 1 S. 1 SGB II iVm § 67
ein Übernahmeanspruch der Unterkunfts- und #Heizkosten in tatsächlicher
Höhe (so § 22 Abs. 1 S. 1 SGB II iVm § 67
Abs. 3 SGB II/§ 35 Abs. 1 S. 1
SGB XII iVm § 141 Abs. 3 S. 1 SGB XII). Dieser Übernahmeanspruch ist aber
bereits eingeschränkt, wenn die Leistungsbeziehenden zuvor wirksam zur
Kostensenkung aufgefordert wurden (§ 67 Abs. 3 S. 3 SGB II/§ 141 Abs. 3
SGB XII iVm § 141 Abs. 3 S. 1 SGB XII). Dieser Übernahmeanspruch ist aber
bereits eingeschränkt, wenn die Leistungsbeziehenden zuvor wirksam zur
Kostensenkung aufgefordert wurden (§ 67 Abs. 3 S. 3 SGB II/§ 141 Abs. 3
S. 3 SGB XII). In dem Fall einer horrenden Abrechnung wird gewiss ein
Übernahmeanspruch im Rahmen der Wohnraumsicherung nach § 22 Abs. 8 S. 2
SGB II/bzw. § 36 Abs. 1 S. 21 SGB XII) bestehen. Im SGB XII kann der
Übernahmeanspruch auch noch wegen restriktivster
Übernahmeanspruch im Rahmen der Wohnraumsicherung nach § 22 Abs. 8 S. 2
SGB II/bzw. § 36 Abs. 1 S. 21 SGB XII) bestehen. Im SGB XII kann der
Übernahmeanspruch auch noch wegen restriktivster
DEM SCHWEINEZYKLUS GEHT DAS FUTTER AUS
Teil 2: Was machen jetzt die Mieten?
#Thread
tl;dr
Miete steigen, wo #Knappheit zulegt. Wird #Zahlungsfähigkeit überschritten, hilft #Transfer oder sinkt #Wohnqualität. Wo Miete nicht ausreichend steigt, drückt #Zinsanstieg Kaufpreis.
/1
Teil 2: Was machen jetzt die Mieten?
#Thread
tl;dr
Miete steigen, wo #Knappheit zulegt. Wird #Zahlungsfähigkeit überschritten, hilft #Transfer oder sinkt #Wohnqualität. Wo Miete nicht ausreichend steigt, drückt #Zinsanstieg Kaufpreis.
/1
1. Hintergrund
Zusammen mit womöglich explodierenden #Heizkosten könnte der abgewürgte #Bauzyklus zu erheblichen sozialen Konflikten führen.
Mieten bleiben v.a. dadurch bezahlbar und Mietbelastungen tragbar, weil die nominalen #Einkommen im Laufe des Zyklus ansteigen.
/2
Zusammen mit womöglich explodierenden #Heizkosten könnte der abgewürgte #Bauzyklus zu erheblichen sozialen Konflikten führen.
Mieten bleiben v.a. dadurch bezahlbar und Mietbelastungen tragbar, weil die nominalen #Einkommen im Laufe des Zyklus ansteigen.
/2
2. Aktuelle Beobachtung: Trendumbruch bei Mieten
In Q2 zeigen sich zwei Trendbrüche: inserierte Preise für ETW steigen im Durchschnitt weniger als zuvor, inserierte Mieten stärker. Kein Trendbruch bei Eigenheimen (vgl. Abbildung).
/3
In Q2 zeigen sich zwei Trendbrüche: inserierte Preise für ETW steigen im Durchschnitt weniger als zuvor, inserierte Mieten stärker. Kein Trendbruch bei Eigenheimen (vgl. Abbildung).
/3
"#Sozialgesetzbuch (#SGB) Erstes Buch (I) - Allgemeiner Teil - (Artikel I des Gesetzes vom 11. Dezember 1975, BGBl. I S. 3015)
§ 10 #Teilhabe #behinderter #Menschen
Menschen, die körperlich, geistig oder seelisch behindert sind oder denen eine solche Behinderung droht,
1/5
§ 10 #Teilhabe #behinderter #Menschen
Menschen, die körperlich, geistig oder seelisch behindert sind oder denen eine solche Behinderung droht,
1/5
haben #unabhängig von der #Ursache der Behinderung zur #Förderung ihrer #Selbstbestimmung und gleichberechtigten Teilhabe ein Recht auf Hilfe, die notwendig ist, um
1. die Behinderung #abzuwenden, zu beseitigen, zu mindern, ihre Verschlimmerung zu verhüten oder ihre Folgen zu
2/5
1. die Behinderung #abzuwenden, zu beseitigen, zu mindern, ihre Verschlimmerung zu verhüten oder ihre Folgen zu
2/5
mildern,
2. Einschränkungen der Erwerbsfähigkeit oder Pflegebedürftigkeit zu vermeiden, zu überwinden, zu mindern oder eine Verschlimmerung zu verhüten sowie den vorzeitigen Bezug von Sozialleistungen zu vermeiden oder laufende Sozialleistungen zu mindern,
3/5
2. Einschränkungen der Erwerbsfähigkeit oder Pflegebedürftigkeit zu vermeiden, zu überwinden, zu mindern oder eine Verschlimmerung zu verhüten sowie den vorzeitigen Bezug von Sozialleistungen zu vermeiden oder laufende Sozialleistungen zu mindern,
3/5
#Sozialgesetzbuch (#SGB) Erstes Buch (I) - Allgemeiner Teil - (Artikel I des Gesetzes vom 11. Dezember 1975, BGBl. I S. 3015)
§ 5 Soziale #Entschädigung bei #Gesundheitsschäden
Wer einen #Gesundheitsschaden erleidet, für dessen #Folgen die #staatliche #Gemeinschaft in
1/4
§ 5 Soziale #Entschädigung bei #Gesundheitsschäden
Wer einen #Gesundheitsschaden erleidet, für dessen #Folgen die #staatliche #Gemeinschaft in
1/4
#Abgeltung eines besonderen #Opfers oder aus anderen #Gründen nach versorgungsrechtlichen #Grundsätzen einsteht, hat ein Recht auf
2/4
2/4
1. die notwendigen #Maßnahmen zur #Erhaltung, zur #Besserung und zur #Wiederherstellung der #Gesundheit und der #Leistungsfähigkeit und
3/4
3/4
Hab noch nicht ganz das #Sozialgesetzbuch (#SGB ) Erstes Buch (I) - Allgemeiner Teil auf und muß schon schmunzelnder Weise den Kopf schütteln ... Warum? Nun ja! Da stehen Dinge drin, die so - gefühlt - nicht wirklich gelebt werden! Hashtag als Stichwort: #IchBinArmutsbetroffen
"Sozialgesetzbuch (SGB) Erstes Buch (I) - Allgemeiner Teil - (Artikel I des Gesetzes vom 11. Dezember 1975, BGBl. I S. 3015)
§ 1 Aufgaben des Sozialgesetzbuchs
(1) Das Recht des Sozialgesetzbuchs soll zur Verwirklichung sozialer Gerechtigkeit und sozialer Sicherheit
§ 1 Aufgaben des Sozialgesetzbuchs
(1) Das Recht des Sozialgesetzbuchs soll zur Verwirklichung sozialer Gerechtigkeit und sozialer Sicherheit
Sozialleistungen einschließlich sozialer und erzieherischer Hilfen gestalten. Es soll dazu beitragen,
ein menschenwürdiges Dasein zu sichern,
gleiche Voraussetzungen für die freie Entfaltung der Persönlichkeit, insbesondere auch für junge Menschen, zu schaffen,
ein menschenwürdiges Dasein zu sichern,
gleiche Voraussetzungen für die freie Entfaltung der Persönlichkeit, insbesondere auch für junge Menschen, zu schaffen,
As we approach the upcoming release of the State Connector on #SongbirdNetwork, I thought it might be useful to write a quick thread to simplify the #LayerCake white paper and provide context as to why it is important.
#SGB #FLR #ConnectEverything
flare.xyz/whitepapers/
#SGB #FLR #ConnectEverything
flare.xyz/whitepapers/
First off, #LayerCake is the name given to the cross-L1 bridge that will reside on #Flare. This gives a user the ability to bridge an asset on to the Flare network.
For example, let's say Hugo would like to utilize some of his #XRP on Flare. Hugo could deposit his XRP somewhere and be minted a representation of it on Flare. The representation is currently know as an F-Asset.
New issue of Sovereign Gold Bond starts today🏅
I've been asked the tax implications so many times, so here you go.
Here's a very simple cheatsheet - A thread 🧵
Retweet for karma 😇
I've been asked the tax implications so many times, so here you go.
Here's a very simple cheatsheet - A thread 🧵
Retweet for karma 😇
🏅 Buy in primary issue, hold till maturity:
No tax on maturity
🏅 Buy in primary issue, sell in secondary market:
Capital gains tax applies
🏅 Buy in secondary market, hold till maturity:
No tax on maturity
No tax on maturity
🏅 Buy in primary issue, sell in secondary market:
Capital gains tax applies
🏅 Buy in secondary market, hold till maturity:
No tax on maturity
🏅 Buy in secondary market, sell in secondary market:
Capital gains tax applies
Note that Interest is always taxable at slab rates.
#SGB #investment #incometax
Capital gains tax applies
Note that Interest is always taxable at slab rates.
#SGB #investment #incometax
For the first time in its history #CAS publishes an Annual Report and Financial Statements, welcome to the era of (relative) transparency!
[Follow the thread]
#Sportslaw #Arbitration #CAS
[Follow the thread]
#Sportslaw #Arbitration #CAS
1. Unfortunately, the only interesting bits are in the financial statements at the end of the document. Even though they are not going into great details, they are providing interesting information about the economic management of the CAS.
2. Here is how the CAS is financed: 50% contributions from Olympic Movement & FIFA + 50% contributions of the parties to the proceedings (I imagine mostly from transfer related disputes & ordinary arbitration as appeals in disciplinary cases are free).
#SGB (#FLR) #Airdrop was September 16th.
It's November 5th, and kraken says "significantly later"
If you are on Kraken or other late adopters, and expect to receive the airdrop in 2022 I'd suggest closely monitoring the price and contact a tax professional for planning.
It's November 5th, and kraken says "significantly later"
If you are on Kraken or other late adopters, and expect to receive the airdrop in 2022 I'd suggest closely monitoring the price and contact a tax professional for planning.
Starting price on exchanges was $0.28 so some will recognize ordinary income at $0.28.
Currently we are seeing it trade at $0.45, a 60% increase.
1,000 SGB received can be $280 in income for those who claimed on early exchanges OR $450 if kraken #DropsItAll right now.
Currently we are seeing it trade at $0.45, a 60% increase.
1,000 SGB received can be $280 in income for those who claimed on early exchanges OR $450 if kraken #DropsItAll right now.
For someone with an $XRP balance of 20,000 this means: (3060 $SGB)
A $857 taxable event or if $SGB gets to a $1 before
the kraken releases (pun intended) $3060.
A $857 taxable event or if $SGB gets to a $1 before
the kraken releases (pun intended) $3060.
