The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
Sops for middle class, poor and farmers on cards.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
IDS-2 and raids to uncover black money stash keep receipts flowing
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
Cash withdrawal limits likely to continue
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Through this mobile application, the handset will be used for authenticating biometrics of customers making Aadhaar enabled payment.
Revised draft model Bill clearly says an agriculturist for the purpose of agriculture won't be liable for registration under GST.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
Real reason for crashing gold prices is not Trump victory, says expert.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
The concept of gold as an asset capable of getting anytime money is evaporating.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Experts claim impact of breather limited as most hybrid vegetable seeds are sold by private companies.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
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