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Duty refund rate raised by 31%

duty drawback rate on gold jewellery stands at Rs 227.20 per gram of net gold content.Finance Ministry has increased the duty refund rate by nearly 31%, according to reports.The duty drawback rate on gold jewellery stands at Rs 227.20 per gram of net gold content.The rate also revised for silver jewellery to Rs 3,436.80 a kg of net silver content.It's...
Source : Indiainfoline |
Category : Business

Gold body mulls working with exchange on rate benchmark

The London Bullion Market Association is considering whether to partner with an exchange to produce its gold-lending reference rate to ensure it can meet tighter rules coming on financial benchmarks, its new head said.The Gold Forward Offered Rate (GOFO), the equivalent of LIBOR for the gold market, is used as a benchmark for dealers, central banks and others to swap gold for U.S. dollars with miners...
Source : Yahoo Finance |
Category : Personal Finance | City : London

Agricultural Plot / Land for sale in Markapur, Prakasam

and Bypass road,and near to my land agri gold venture is also there.rate is total 1.25 croreAll...
Source : Propertywala |
Category : Property | City : Prakasam

Maintaining exclusivity in a social media age

recently attended the royal wedding of Lakshraj — scion of the Udaipur Maharana Arvindsinghji.A lavish set up in Bhubaneswar, since the bride, Nivritti is from Bolangir Patna, Orissa.The wedding of the year, families from Rajasthan, Gujarat and Orissa, friends and guests from all over the world, gold, glitter and finery of the highest kind. Typical of Arvind Singhji style all broadcasting, photo shoot...
Source : DNA |
Category : Headlines | City : Mumbai

MS University fixes Rs 2 lakh for institution of gold medals

Instituting gold medals at MS University will now be a costly affair. MSU's syndicate members have decided to revise the rate of gold medals that will be awarded to students.For instituting new gold medals, a donation of Rs 2 lakh will be required. The new gold medals that will be instituted will be awarded for 25 years.For the gold medals instituted before 1986, the balance amount after deducting...
Source : Times Of India |
Category : City | City : Vadodara

Residential Plot / Land for sale in Gandamunda, Bhubaneswar

Lane-1, Bhakta Madhu Nagar, Gandamunda, Talabania,Jagamara, Gandamunda, Bhubaneswar - 751030 (Orissa)All...
Source : Propertywala |
Category : Others | City : Bhubaneswar

Increase in gold smuggling due to hike in import duty

Finance Ministry has said incidence of gold smuggling has increased due to hike in import duty and fluctuation in global prices."The increase in the cases of smuggling of gold may be partly attributed to the fluctuation of the prices of gold and Customs duty rates," Minister of State for FinanceWith an aim to discourage gold imports, one of the major reason for high current account deficit, the government...
Source : The Economic Times |
Category : Business

Gold holds near two-week high on easing rate hike fears

Gold bars are stacked at a safe deposit room of the ProAurum gold house in Munich March 6, 2014.Reuters photos capture the political mood as India gets ready for the 2014 Lok Sabha election.(Reuters) - Gold steadied near two-week highs on Thursday after minutes from the Federal Reserve's policy meeting showed that officials were not keen on increasing interest rates anytime soon.* Spot gold was flat...
Source : Reuters India |
Category : Others