Excise Duty On Gold
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Arun Jaitley Rules Out Rollback Of Excise Duty On Jewellery
Finance Minister Arun Jaitley on Thursday rejected demands, including from ally Shiv Sena, for rollback of one per cent excise duty on non-silver jewellery and asserted that jewellers will have to pay taxes.
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India's April Gold Imports Down 67.3%: Report
Gold imports fell sharply by 67.33 per cent to 19.6 tonnes in April 2016 as jewellers' strike opposing one per cent excise duty on non-silver jewellery significantly hit demand for the metal, according to gold and silver refiner MMTC Pamp.
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One Per Cent Excise Duty On Gold To Stay, Says Arun Jaitley
Finance Minister Arun Jaitley today said that jewellers will have to pay one percent excise duty on gold, reiterating the government's stand despite widespread protest from the traders.
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Gold Discounts Drop As Many Jewellers Open Shop After 6-Week Strike
More than half of Indian jewellers reopened their shops on Monday after keeping them closed for nearly six weeks in protest over the reintroduction of excise duty on gold jewellery.
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Government hikes excise duty on gold ore to 5 per cent
The government on Tuesday decided to hike the excise duty on gold ore by 2 per cent to 5 per cent. The move follows its decision to hike import duty on gold to 6 per cent, the second such increase in a year.
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Pranab Mukherjee to meet jewellers today
Amid widespread protests by bullion traders, Finance Minister Pranab Mukherjee has called a meeting with jewellers' associations on Friday to sort out the issue related to increase in taxes on gold and non-branded jewellery.
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Arun Jaitley Rules Out Rollback Of Excise Duty On Jewellery
Finance Minister Arun Jaitley on Thursday rejected demands, including from ally Shiv Sena, for rollback of one per cent excise duty on non-silver jewellery and asserted that jewellers will have to pay taxes.
-
India's April Gold Imports Down 67.3%: Report
Gold imports fell sharply by 67.33 per cent to 19.6 tonnes in April 2016 as jewellers' strike opposing one per cent excise duty on non-silver jewellery significantly hit demand for the metal, according to gold and silver refiner MMTC Pamp.
-
One Per Cent Excise Duty On Gold To Stay, Says Arun Jaitley
Finance Minister Arun Jaitley today said that jewellers will have to pay one percent excise duty on gold, reiterating the government's stand despite widespread protest from the traders.
-
Gold Discounts Drop As Many Jewellers Open Shop After 6-Week Strike
More than half of Indian jewellers reopened their shops on Monday after keeping them closed for nearly six weeks in protest over the reintroduction of excise duty on gold jewellery.
-
Government hikes excise duty on gold ore to 5 per cent
The government on Tuesday decided to hike the excise duty on gold ore by 2 per cent to 5 per cent. The move follows its decision to hike import duty on gold to 6 per cent, the second such increase in a year.
-
Pranab Mukherjee to meet jewellers today
Amid widespread protests by bullion traders, Finance Minister Pranab Mukherjee has called a meeting with jewellers' associations on Friday to sort out the issue related to increase in taxes on gold and non-branded jewellery.
