Tax on gold jewellery withdrawn, GAAR deferred

CNN-IBN | May 07, 2012 at 02:33pm


New Delhi: Bowing to pressure, Finance Minister Pranab Mukherjee on Monday announced a slew of measures to provide relief to the jewellery sector and postponed implementation of the General Anti-Avoidance rules (GAAR) by one year, but offered no concessions to Vodafone involved in tax dispute.

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