Chart usGOLD   Chart usSILVER  
 
Food for thought
To know how to wait. It is the great secret to success
Joseph de Maistre  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1286.182.57
Silver 19.450.01
Platinum 1402.903.40
Palladium 784.501.25
WORLD MARKETS
DOWJONES 16502-12
NASDAQ 4127-34
NIKKEI 14473-73
ASX 550235
CAC 40 4451-33
DAX 9544-56
HUI 2275
XAU 932
CURRENCIES (€)
AUS $ 1.4867
CAN $ 1.5240
US $ 1.3819
GBP (£) 0.8231
Sw Fr 1.2203
YEN 141.4150
CURRENCIES ($)
AUS $ 1.0757
CAN $ 1.1026
Euro 0.7236
GBP (£) 0.5958
Sw Fr 0.8825
YEN 102.2950
RATIOS & INDEXES
Gold / Silver66.13
Gold / Oil12.59
Dowjones / Gold12.83
COMMODITIES
Copper 3.060.01
WTI Oil 102.15-2.22
Nat. Gas 4.760.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Kerala govt studying tax reduction on gold
Published : November 19th, 2012
106 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
The Hindu Business Line, in its November 19, 2012 article, reports that Kerala govt studying tax reduction on gold.

Extract :
Keywords :   Gold | Government |

 

 

 

 

Thiruvananthapuram, Nov. 18:  Kerala Government will examine the issue of reducing levy on gold after an expert committee from the Gulati Institute of Finance and Taxation submits its recommendations. Finance Minister K..M. Mani told gold merchants during a videoconference that the Government’s revenue had taken a hit whenever sales tax on gold was kept low. In 2004-05, sales tax of four per cent generated revenue of Rs 52 crore. Value-added tax implemented in 2005-06 had reduced the levy by one per cent. In 2006-07, the levy was brought back up to four per cent when the revenue had jumped to Rs 97.90 crore, the Minister said.

 

 

Read the rest of the article at The Hindu Business Line
Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
24hGoldWire
All articles by
24hGoldWire
Next article by
24hGoldWire
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis
Most recent articles by 24hGoldWire
11/21/2012
11/16/2012
10/31/2012
10/11/2012
6/13/2012
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer