Sponsored by

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

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

NEW DELHI 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)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Your guide to the latest election news, analysis, commentary, live updates and schedule for Lok Sabha Elections 2019 on firstpost.com/elections. Follow us on Twitter and Instagram or like our Facebook page for updates from all 543 constituencies for the upcoming general elections.

Updated Date: Oct 20, 2016 00:33:10 IST

Also See