The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
Reader Keyur Shah has sent us this photograph of the star.
The World Gold Council initiates micro-finance scheme to promote investments by low-income groups.
Buying had been muted in the past few weeks.
Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.
Gold loans can be released online or by bank transfers.
At present, it is trading at around $1,004 an ounce in the international market, about $150 cheaper than gold
The exemption from MAT does not apply retroactively.
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