gold tax

Government has no plan to impose tax on gold jewellery of women

Government has no plan to impose tax on gold jewellery of women

Dispelling fears of government action on gold hoarding or jewellery belonging to households, Union Minister Ravi Shankar Prasad, on Tuesday, said that government is not considering any plan to impose tax on jewellery of women.

Dec 06, 2016, 18:51 PM IST
No tax on gold purchased out of disclosed income; maximum 500 gm per married woman allowed: Govt

No tax on gold purchased out of disclosed income; maximum 500 gm per married woman allowed: Govt

Gold in all its forms that is purchased out of disclosed or exempted income, household savings and inherited through a legal course from ancestors will not be subject to tax, said Finance Ministry on Thursday.

Dec 01, 2016, 16:35 PM IST