GOLD PURCHASE
No tax on ancestral jewellery, purchase from disclosed income: Govt
Amendments to the I-T laws do not seek to tax inherited gold and jewellery as also those items that are purchased through disclosed or agriculture income, the government said today.No tax on ancestral jewellery, purchase from disclosed income: Govt
Jewellers on strike to protest PAN rule on gold purchases
Indian jewellers were up in arms, with strikes called in nearly 500 cities to protest the government’s rule that makes it mandatory for customers to provide a PAN card on all jewellery transactions of Rs 2 lakh and above.Jewellers on strike to protest PAN rule on gold purchases
Govt rolls back 1% tax on cash purchase of gold jewellery
In a move that may boost demand for gold jewellery, the government has rolled back its budget decision to apply 1% tax collection at source on cash purchase of gold jewellery of Rs 2 lakh and above and raised the threshold to the earlier Rs 5 lakh with effect from June 1.Govt rolls back 1% ta...
Copper prices slip as China cuts purchases
Copper prices slip as China cuts purchases
