The Indian government has a reversed a tax rule that was putting a damper on gold demand in the country. The government included Indian jewelers under the the Prevention of Money-Laundering Act last August. The rules increased compliance requirements for high dollar jewelry purchases. Buyers had to provide their income tax identity for transactions above 50,000 […]
Reversal of Tax Rule Could Boost Gold Demand in India
from SchiffGold.com http://ift.tt/2y3DFuG
