TNPSC Thervupettagam

Uniform Gold Price

November 12 , 2022 616 days 556 0
  • Kerala becomes the first state in India to launch uniform gold prices based on the bank rate.
  • The decision of uniform price is applicable to 916 purity 22-carat gold.
  • Generally, Gold is priced at Rs 150-300 per gram extra over the bank rate.
  • Bank rates on gold, GST, and other taxes including import duty are the same across India.

 

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