Don’t miss the latest developments in business and finance.

Government proposes 4 percent tax on gold under GST - finmin official

Image
Reuters NEW DELHI
Last Updated : Oct 19 2016 | 9:22 PM IST

NEW DELHI (Reuters) - The Indian government has proposed a 4 percent tax on gold under the proposed goods and services tax, Revenue Secretary Hasmukh Adhia told reporters on Wednesday.

GST would harmonize a slew of state and federal levies into a national sales tax.

(Reporting by Manoj Kumar; Editing by Malini Menon)

Also Read

First Published: Oct 19 2016 | 9:04 PM IST

Next Story