Live
- Accused Sentenced to Life Imprisonment with Rigorous Punishment and Fined Rs. 25,000 for Murder
- ANR Centenary Celebrations Spread Across 31 Cities, Chiranjeevi to Receive ANR Award from Amitabh Bachchan
- Rahul Gandhi opposes quota abroad & violates Constitution: BJP MP
- Encounter breaks out in J&K’s Reasi
- RG Kar case: CBI custody of Sandip Ghosh, Abhijit Mondal extended till Sep 25
- J&K: Home Voting begins in all six Kathua Assembly segments
- Gurugram: Biker killed after being hit by SUV
- Bengal doctor’s body bars ex-member from all organisation activities over RG Kar case
- Centre and Seers serious over Tirumala Sacrilege
- LG ELECTRONICS ORGANIZES GRAND TECH SEMINAR IN HYDERABAD
Strictures of FM on gold welcomed
Many buyers of gold jewellery especially women here on Thursday welcomed the strictures laid down by the Union Finance
Visakhapatnam: Many buyers of gold jewellery especially women here on Thursday welcomed the strictures laid down by the Union Finance Ministry which came out allowing 500 grams of gold for married people, 250 grams for unmarried and 100 grams only for males.
After demonetisation of higher value notes to curb black money, now the Centre is focusing on gold stocks to further safeguard the country’s economy.
Retired Economics Professor of AU Srirama Murty welcoming the Finance Ministry’s guidelines on gold, said it would not affect the people in any manner because majority of middle and lower income group people possess gold ornaments within the limits only. However, it would affect those having black money and changing it to gold form.
Saraswathi and Rama Devi, who had come to jewellery shop to buy ornaments also welcomed the Centre’s rules on gold because middle class people never cross the limits. Such rules will help increase the number of IT payers, they added.
