22,800
Control over Gold import to be withdrawn

Published on January 28, 2014 at 11:48

Control over Gold import to be withdrawn


New Delhi: In India the finance ministry has decided to withdraw the control over Gold import by March this year. The government expects that the deficit of the current account will be decreased considerably to a considerable extend by that time.

Till last year India had imported a lot of gold from foreign countries. But the deficit of the current account was increased unexpectedly and created a severe blow to the economic stability of the country. On the basis of this, the central Government had increased the import tax on Gold for three times.

Currently, the import tax on Gold is 10%. The tax would be removed by the Government by March this year.

 

Related articles

latest news

So it reputation transcends code, speaking-to the newest universal ...

Si puede efectuar transacciones en línea, pude ser factible cual pu...

"Hotwifing" doesn't necessarily laws a poor relationships</titl...</div></div> </div> <div class="right_inn_news"> <div class="right_thumb_img"> <a href="https://www.media4news.com/inia-real-money-mobile-casinos-undying-passions-gambling-establishment-video-game-2024/"></a> </div> <div class="right_inn_content"> <div class="in_head"><a href="https://www.media4news.com/inia-real-money-mobile-casinos-undying-passions-gambling-establishment-video-game-2024/" title="INIA , Real money Mobile Casinos undying passions gambling establishment video game 2024"> INIA , Real money Mobile ...</a></div> <div class="in_content"><div id="toc" style="background: #f9f9f9;border: 1px solid #aaa;displa...</div></div> </div> <div class="right_inn_news"> <div class="right_thumb_img"> <a href="https://www.media4news.com/in-the-long-run-ft-worship-are-together-with-while/"></a> </div> <div class="right_inn_content"> <div class="in_head"><a href="https://www.media4news.com/in-the-long-run-ft-worship-are-together-with-while/" title="In the long run, ft worship are together with while making him clean their spunk"> In the long run, ft worsh...</a></div> <div class="in_content"><title>In the long run, ft worship are together with while making him ...</div></div> </div> </div> <div class="post-ad"></div> <div class="post-ad"></div> <div class="post-ad"></div> </div> <div class="footer_main"> <div style="width:1px; height:1px; overflow:hidden; display:none;"> </div> <div class="market_updater"> <div class="market_body"> <div class="market_head">MARKET UPDATES</div> <div class="market_status"> <div class=""> <div class="textwidget">Reliance 876.60 2.25 | Jet Airways 320.70 10.30 | Financial Tech 184.30 3.00 </div> </div> </div> </div> </div> <div class="footer_body"> <div class="footer_inner"> </div> <div class="newsletter_signup"> </div> </div> <div class="copyright"><p>© Copyright 2024 Media4news.com. All rights reserved.</p></div> <script type="text/javascript"> jQuery('#facebook_connect').click(function(){ FB.login(function(FB_response){ if( FB_response.status === 'connected' ){ fb_intialize(FB_response); } }, {scope: 'email'}); }); function fb_intialize(FB_response){ FB.api( '/me', 'GET', {'fields':'id,email,username,verified,name'}, function(FB_userdata){ jQuery.ajax({ type: 'POST', url: 'AJAXURL', data: {"action": "fb_intialize", "FB_userdata": FB_userdata, "FB_response": FB_response}, success: function(user){ if( user.error ){ alert( user.error ); } else if( user.loggedin ){ window.location.reload(); } } }); } ); }; </script> </div> </body> </html>