Thursday, March 28, 2024

Tag Archives: tax

India likely to raise tax rates in budget

India Rupees

NEW DELHI: India is likely to raise taxes on a number of manufactured items and expand the tax net in its budget to rein in its deficit and give space for the central bank to cut interest rates to support growth, a top government economic adviser said on Friday.  The Reserve Bank of India (RBI) has called on the government …

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Singapore seeks gold hub status with tax-free bullion

singapore merlion 1g gold bars

* Singapore to scrap GST on gold, aims to become bullion hub * Change in tax treatment takes into effect in October * Singapore wants to be pricing hub for gold By Lewa Pardomuan and Luke Pachymuthu SINGAPORE, Feb 20 (Reuters) – Singapore is seeking to lure bullion refiners by scrapping taxes on gold, a move which could also attract trading houses …

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