Searched for
GST REDUCTION ON BULLION
Smugglers are hard at work as higher duty puts the shine on goldThe recent spike in import duties in India has inadvertently fueled a rise in gold smuggling activities. Traders are noting a marked increa...- Gold recovers Rs 9,500 per 10 gm intraday loss to end volatile Budget 2026 session in green; silver flatGold prices rebounded nearly 7% on MCX after a brutal selloff ahead of Budget 2026. Profit booking, margin pressures and lack of jewellery-...
- Gold demand set to surge this festive season amidst tax cuts and investment interestIndia's gold demand may rise during the festive season. Investment interest and wedding purchases are key factors. A potential consumption ...
- Govt delivers 'GST Diwali bonanza': Cheaper essentials, big relief on insurance premiumsIndia's Goods and Services Tax (GST) undergoes a major overhaul, eight years after its launch, with the GST Council approving significant r...
- Commodity Radar: Gold outlook and how to trade amid Fed rate cut expectations, GST boost?Gold edged lower on Monday as a stronger dollar weighed, though hopes of a September Fed rate cut offered support. On MCX, October contract...
- Gold duty cut spurs official imports, curbs unofficial channels: ICRAIndia's gold import dynamics saw a shift in FY2025 following a sharp reduction in import duty from 15% to 6%, effective July 24, 2024. Acco...
- Gem & Jewellery Domestic Council urges GST reduction on bullion to 1.25%The All India Gem & Jewellery Domestic Council (GJC) has requested the government to reduce GST on bullion and precious ornaments from 3% t...
- Custom duty reduction impact: How gold prices may perform in near futureGovernment has slashed customs duties on gold and silver by 6 percent. The basic customs duty has been reduced to 5 percent from 10 percent...
- Gold Rate Today: Yellow metal set to end with weekly gains. Is it time to buy?While the MCX April gold futures were trading at 62,900 per 10 grams at 10:30 am, down Rs 65, the March Silver contracts were down Rs 53 or...
- GOLD NEEDS A POLICY RESET
- GJC seeks immediate rollback of import duty on goldThe import Duty of 12.5% and GST of 3% has made gold jewellery costlier thereby negatively impacting consumer sentiment leading to postpone...
- Govt hikes import duty on gold to 12.5% from 10%Around 100 -120 tonnes of gold enter into the country through the illegal route.
- Gems & jewellery sector seeks cut in gold import duty to 4%All India Gem and Jewellery Domestic Council also wants the PAN card limit to be raised to Rs 5 lakh from Rs 2 lakh.
- Gold futures trade at a discount to spot ratesThe futures closed at Rs 175/10 gm discount to the spot rate polled by MCX on Monday.
- Niti Aayog suggests slashing import duty, GST rate on goldNiti Aayog has also recommended the government to review and revamp the gold monetisation scheme and the sovereign gold bond scheme and int...
- Investors ditch gold as equity market soarsGold is trading around Rs 31,500 per 10 grams on the spot market.
- Duty cut on gold jewellery unlikelyHike in GST to offset a likely cut in import duty on bullion seen disastrous for trade
- Cash for gold makes way for e-paymentsConsumer trade is seeing a surge in digital deals up to Rs 2 lakh as well
- India lacks backbone for less-cash economy: PHD Chamber of Commerce and Industry President Gopal JiwarajkaThe SME sector deposited in banks capital which was deployed in business. If you take out working capital from any industry, it will suffer...
- One for all, all for one: Of tax ratesA Constitutional body alone can prevent states from unilaterally changing tax rates.
Load More
