The sovereign gold bond was conceptualised as an instrument which could kill two birds with one stone. It would partially satisfy Indian investors’ demand for gold, which has to be imported, and help fund the central government’s borrowing needs at a low interest rate.
Union Budget
How Indian Equities Stack Up Ahead Of The Union Budget
In the week before the union budget, Indian equities marked a six-day losing streak after hitting an all-time high on Jan. 21.
EXPECTED – DECISION ON CUSTOM DUTY WILL BE ANNOUNCE BETWEEN 12.30 TO 01.00 PM
Jewellers are expecting a reduction in import duty of gold and a cut in incometax for the common people in the upcoming Budget 2020 to spur demand. At present gold attracts an importduty of 12.5% and a GST of 3%.
GOLD DUTY DECISION INDIA BETWEEN NEAR 12.30—1.30 PM – BUDGET 2019
Gold Duty Decision India Between Near 12.30—1.30 Pm – Budget 2019
Union Budget 2016-17; India to Finalise on Gold Board
Gold Silver Reports → India in a bid to curb the ever growing greed for gold is boosting the reforms on Gold. The government has convened a meeting on Monday to finalize on National Bullion Board and gold spot exchange.
2016-17 Union Budget Presented on 29 February
Gold Silver Reports → Finance minister Arun Jaitley will present the Union Budget for 2016-17 on February 29, minister of state for finance Jayant Sinha said on Thursday.