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Sugar import duty hiked 23 August 2014
The government on Friday hiked sugar import duty from 15 per cent to 25 per cent and this would lead to increase in rate of sugar by Rs. 4 to Rs. 5 per kg. This decision was taken to to...
Keywords: sugar import duty, Indian Sugar Mills Association, Sugar prices in India, Sugar prices in India
Read MoreBudget 2012: Jewelers protest, 1500 shops close 17 March 2012
Gold and Platinum costs escalate as the Union Budget announces hike in import duty. This has irked the jewelers and the associations in twin cities have called for a bandh. The Union Budget on Friday has proposed the duty on...
Keywords: Gold Import duty, Jewel shops closed, Gold costly, Hike on Gold
Read MoreGold Coins Disappear From Banks 06 June 2013
Gold coins kept for sale in the Banks are no more to be seen thanks to the RBI rule. In order to curb the import of Gold with an average of 152 tons per month during April and May, the...
Keywords: Import Duty, No More Gold coins in Banks, No More Gold coins in Banks, No More Gold coins in Banks
Read MoreThe Second Costliest Imports of India is Reigned 14 November 2013
After oil imports, Gold imports are the highest to drain out Indian currency. Because of the diminishing value of Indian Rupee in the international exchange value, the Government of India took stern steps to curb gold imports by levying more...
Keywords: import duty on gold, Gold Imports, Gold, Gold Demands in India
Read MoreMixed response to Jewelers bandh 19 March 2012
The irked the jewelers and the associations in twin cities have called for a bandh, since three days. While the last two days responses were very good. But today there seems to a mixed trend on the issue, in the...
Keywords: Jewelers bandh, Jewelers bandh, Budget 2012, Mixed response
Read MoreImport duty on gold, silver hiked 17 January 2012
Gold and silver prices are bound to go up across the country with the Centre hiking the import duty on the precious metals with immediate effect. Gold importers will now have to pay import duty at the rate of 2...
Keywords: silver, silver, hike in import duty on gold, Import duty on gold
Read MoreGold trade is shut, strike enters 12th day 29 March 2012
The strike is on by Gold traders in Hyderabad protesting against the recent Union Budget proposal which brings them under the excise duty.This strike is to oppose levying of excise duty on unbranded jewellery and doubling of import duty on gold.Maximum...
Keywords: Shekar Gupta., Shekar Gupta., branded jewellery stores, strike enters 12th day
Read MoreYellow metal to cost more, dissent from ladies 16 March 2012
Ornamental gold the most sought after by woman and which has a traditional importance in our custom is to cost more and thanks to our Finance Minister. The Finance Minister Pranab Mukherjee has increased the Customs tax on Gold imports...
Keywords: Gold import duty, Budget highlights, Gold import duty, annual budget
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