Import duty on gold and platinum raised in union budget 2010

 Pranab Mukherjee proposed Indian budget 2010 today. he has just finished his budget speech. Import duty on gold and platinum is raised to rs. 300 per ten gram from previous Rs. 200.

However, import duty on Rhodium (Used for polishing and coating) is reduced significantly to 2 percent from previous ten percent. This will have positive impact on Jewelry industry which largely use this metal.

Article on Budget India 2010 

Major relief in individual Income tax in Indian budget 2010

Service tax proposal in Indian Budget 2010

Import duty on gold and platinum raised in union budget 2010

Budget India 2010

Railway budget 2010 proposed

Salient features of Indian Railway Budget 2010

Pranab Mukherjee has given major benefits to Murshidabad in Indian budget

Thanks,
Jyoti Kothari

(Jyoti Kothari, Proprietor, Vardhaman Gems, Jaipur represents Centuries Old Tradition of Excellence in Gems and Jewelry. He is also ISO 9000 professional)