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Tax refund rate increased for gold jewellery exporters

Last Updated: Friday, June 21, 2013, 22:52

With an aim to increase jewellery exports, the government Friday increased the duty drawback rate by Rs 73 to Rs 173.7 per gram on gold ornaments.

Govt rolls back gold tax, GAAR deferred till FY14

Last Updated: Monday, May 07, 2012, 14:52

Bowing to pressure, Finance Minister Pranab Mukherjee Monday announced a slew of measures to provide relief to the jewellery sector and postponed implementation of the general anti-avoidance rules (GAAR) by one year, but offered no concessions to Vodafone involved in tax dispute.

Finance Minister to review gold tax proposal

Last Updated: Wednesday, March 28, 2012, 21:30

Parliament Wednesday approved the first part of the Budget with Finance Minister Pranab Mukherjee promising to look into demands for roll back of his proposal to tax unbranded jewellery but ruled out withdrawal of hike in import duty on gold.

Finance Minister to review gold tax proposal

Last Updated: Wednesday, March 28, 2012, 21:30

Parliament Wednesday approved the first part of the Budget with Finance Minister Pranab Mukherjee promising to look into demands for roll back of his proposal to tax unbranded jewellery but ruled out withdrawal of hike in import duty on gold.

Pranab agrees to reconsider duty on unbranded jewellery

Last Updated: Tuesday, March 27, 2012, 21:40

Bowing to protests by jewelers and demands in Parliament, Finance Minister Pranab Mukherjee hinted at a roll back of the excise duty on unbranded jewellery but ruled out going back on the hike in import duty on gold and platinum.