Budget 2019: Custom duty on gold & other precious metals raised to 12.5%

To resolve the so-called Angel Tax issue, the startups & their investors who file requisite declarations&provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums

DHNS

Last Updated 05 July 2019, 09:16 IST

07:5605 Jul 2019

Finance Minister Nirmala Sitharaman: It is also proposed to increase custom duty on gold & other precious metals from 10% to 12.5%. #Budget2019 pic.twitter.com/b3aS6GHBHO
— ANI (@ANI) July 5, 2019

07:4905 Jul 2019

FM Nirmala Sitharaman: To provide further impetus to affordable housing, additional deduction of 1.5 lakh rupees on interest paid on loans borrowed upto 31 March 2020 for purchase of house up to Rs 45 lakhs https://t.co/vjPvfFc2fH
— ANI (@ANI) July 5, 2019

07:4805 Jul 2019

FM Nirmala Sitharaman: I propose to increase special additional excise duty and road and infrastructure cess each one by 1 rupee a litre on petrol and diesel pic.twitter.com/y9DoC5IGIX
— ANI (@ANI) July 5, 2019

07:4705 Jul 2019

Finance Minister Nirmala Sitharaman: To resolve the so-called Angel Tax issue, the startups & their investors who file requisite declarations&provide information in their returns will not be subjected to any kind of scrutiny in respect of valuations of share premiums. #Budget2019 pic.twitter.com/ACVMjjweVA
— ANI (@ANI) July 5, 2019

(Published 05 July 2019, 07:48 IST)

Finance Nirmala Sitharaman Narendra Modi Budget 2019

Budget 2019: Custom duty on gold & other precious metals raised to 12.5%

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