Homepage Business

 

Excise duty on gold, removed

Tweet

New Delhi: After witnessing constant rise in prices of yellow metal or what we call it gold, has finally taken a plunge.

The commodity went through the central and excise scanout and has reportedly been relieved of the excise duty, which will eventually, in a way, benefit the business and prevent people from not buying the same.

People can now take a breath of relief when the decide to go for a buy-in of the precious gold products.

• Two men held with 30 kg gold in Jaipur
• Gold price fall cheers consumers, investors in dilemma
• Sensex surges 387 points on rate cut hopes
• Gold rates plummet further, worry expands for investors
• Gold nosedives to Rs 28, 350 per ten gram, may drop further
• Gold worth 4.5 million euros found in a car on Easter day
• Gold, Silver Rates Slip Following Sultry Demands
• Chidambaram urges people not to buy too much gold
• Oil and gold imports must be lowered: Economic Survey
• Gold, Platinum likely to cost more as import duty hiked by 6 percent