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Tax on gold News

12 Aug 2017

GST rate of 3% on gold too low: Economic Survey

The Survey said that the GST Council will have to take up these issues in the coming months.

18 May 2017

GST Council meets to fit rates, states come up with wish-list

The all-crucial meeting of the GST Council to fix tax rates for goods and services got under way here Thursday, with states pitching for their preferred rates for select items.

06 Dec 2016

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.

02 Dec 2016

Demonetisation: All you should know about the exact position of govt on gold jewellery

There is no limit on holding of gold jewellery or ornaments by anybody provided it is acquired from explained sources of income including inheritance

04 Apr 2016

Finance Minister's retort to Arvind Kejriwal on jewellers' stir: Abolish VAT on Gold

Turning tables on Delhi Chief Minister Arvind Kejriwal, who is supporting jewellers' stir against the imposition of excise duty, Finance Minister Arun Jaitley today said that the Delhi government should first abolish VAT on gold.

Jewellers' strike

06 Mar 2016

Tamil Nadu jewellers' body temporarily calls off strike

A jewellers' association here today temporarily called off its strike following the Centre's assurance that it will review the Budget proposal to impose 1 per cent excise duty on gold ornaments.

Jewellers strike

01 Mar 2016

Jewellers to strike in protest over gold tax

Jewellers will go on indefinite strike from Tuesday in protest over the reintroduction after four years of a sales tax on gold jewellery, their trade body said.

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