#Budget2015 #Budgetjewellery
- FM Arun Jaitley proposes to develop sovereign gold bond.
- Gold Monetisation Scheme to benefit gold finance companies.
- Gold monetisation scheme to be introduced.
- Introduce India made gold coins to replace foreign coins
- FM proposes to work on developing Indian gold coin which carries Ashok Chakra, which will help recycle gold available in the country.
- Merger of Forward Markets Commission (FMC) with Securities and Exchange Board of India (SEBI) announded by Finance Minister Arun Jaitley.
- Service Tax to be increased to 14 per cent
- Propose to exempt special additional duty on all items
- Furnish PAN for any sale or purchase above Rs 1 lakh.
- FM proposes to replace wealth tax with additional 2 per cent surcharge on super rich ( those earning above Rs. 1 crore in a year)
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