Bullion

Clarification on Amendment to Section 206-C of Income Tax Act

Clarification on Amendment to Section 206-C of Income Tax Act dealing with Tax Collection at Source (TCS) on Sale of Bullion or Jewellery in Cash: Currently, sale in cash of bullion (excluding coin or any other article weighing 10 grams or less) in excess of Rs 2 lakh or jewellery in excess of Rs.5 lakh… Read More

Tags: BullionCoinGold coinJewelleryOuncePrecious metal

CLR Snippets :: Amendment in Money Laundering Act

The Government has recently amended the Money Laundering Act. The objectives of recent amendment in Prevention of Money-laundering Act, 2002 is to strengthen the legislative and administrative framework of the country to prevent money laundering and countering financing of terrorism and capabling to handle the new evolving threats. Bullion traders have expressed that Germs and jewellery sector… Read More

Tags: BullionGermsKnow Your Customermoney launderingPrecious metalPrevention of Money Laundering ActPrevention of Money Laundering Act 2002Terrorism financing

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates