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CUSTOM DUTY ON GOLD News
CUSTOM DUTY ON GOLD
Gold price continues to shine - Will custom duty hike force jewelry-giant Titan to shock clients by raising rates?
Wed, Jul 24, 2019
With gold price continuing its upward trajectory, Titan is now in a dilemma and customers should be prepared for some shocking times.
Your gold price to rise by 2.5%? Yellow metal at all-time high of over Rs 36,000 already - A bittersweet scenario
Mon, Jul 22, 2019
Within just a few months, the scenario has changed so much that gold, which was easily available near Rs 34,000, has clocked an all-time high of over Rs 36,000 in India.
Gold price prediction 2020: This is what can happen to yellow metal in one year
Sun, Jul 21, 2019
Gold price prediction 2020: In India, gold prices have already clocked new high of Rs 36,000 in 10 gram (24 karat) in many cities.
Gold price rise: Will your yellow metal price cross Rs 36,000-mark? Find out
Sun, Jul 14, 2019
Last week, gold prices went up by Rs 930 to Rs 35,800 per 10 gram, just a couple of rupees away from touching a new all-time high of Rs 36,000-mark.
Budget 2019 Shocker: Gold custom duty hike is a double whammy for industry, says Malabar Gold & Diamonds Chairman Ahammed MP
Fri, Jul 05, 2019
Finance Minister Nirmala Sitharaman presented Budget 2019 in which she hiked indirect taxes like excise duty, custom duty in a big blow for the industry.
Budget 2019-Sudden Impact! FM hikes custom duty on yellow metal to 12.5%, gold stocks tumble
Fri, Jul 05, 2019
Budget 2019: FM Sitharaman said, "It is proposed to increase custom duty on gold and other precious metals from 10% to 12.5%"
Budget 2017: World Gold Council demands lowering of gold taxes from current 13%
Mon, Jan 23, 2017
"Total taxes on gold is about 13% at present. This has to come down, between GST and Customs duty, to a reasonable level so that there is no incentive to grey market," Somasundaram P R, head of the WGC's India operations, told PTI.