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In Canada, exports are “zero-rated” sales for broker-ex.com G.S.T. purposes. This means that when you ship a physical product to someone outside Canada, you don’t charge Delaware.S.T. Yet, you get to claim (or deduct out of the G.S.T. collected by you) all the “input tax credits” (G.S.T. that you paid for business purposes) to make that foreign trade. The idea, I suppose, is to encourage forwarding.
But you will get not additional than 6%-7%. Means @ 7% interest difficult earned money will take 10 years to get doubled. Should Invest is Debt Linked Mutual Fund, your money is comparatively effective. The chance of losing total funds are very not as. But when we are looking at investment period of 8/10 years, falling in value in debt schemes is negligible. To expect average returns of 8%. Means cash will take 9 years to get doubled. For Invest is Equity Linked Mutual Fund, your naturally . at risk. The chance of losing budget is very larger. But when we are referring to Invest period of 8/10 years, taking a loss in equity mutual fund is very less.
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