https://www.taxtmi.com/news?id=4210 Banks must not grant advances for purchase of gold in any form except for genuine working capital needs of jewellers; this prohibition includes primary gold, bullion, jewellery, coins and units of gold ETFs and gold mutual funds, and reiterates that advances against bullion should be withheld where assessed to finance auction purchases or speculative holdings. en-us Fri, 07 Dec 2012 14:01:30 +0530 Fri, 07 Dec 2012 14:01:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4210 Banks must not grant advances for purchase of gold in any form except for genuine working capital needs of jewellers; this prohibition includes primary gold, bullion, jewellery, coins and units of gold ETFs and gold mutual funds, and reiterates that advances against bullion should be withheld where assessed to finance auction purchases or speculative holdings. News - Fri, 07 Dec 2012 14:01:30 +0530 https://www.taxtmi.com/news?id=4210