<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>All India Gems &amp; Jewellery Trade Federation views &amp; suggestions on &quot;Draft Gold Monetization Scheme” announced by the Government of India - Suggestion to appoint one apex industry body having National presence to coordinate on the industry’s behalf.</title>
    <link>https://www.taxtmi.com/news?id=14640</link>
    <description>The submission urges that jewellers be appointed as authorized Collection Centres to market, collect and perform preliminary testing of deposited gold at retail locations, with final assaying by nominated purity testing and refining agencies; it recommends permitting Demat gold accounts alongside bank gold savings accounts, offering attractive tiered interest and longer tenures, establishing operational manuals and audited processes, providing limited tax-immunity up to a reasonable per-person threshold, and forming an apex national industry body or joint committee with government representation to coordinate scheme implementation and outreach.</description>
    <language>en-us</language>
    <pubDate>Fri, 26 Jun 2015 10:50:21 +0530</pubDate>
    <lastBuildDate>Fri, 26 Jun 2015 11:21:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=388541" rel="self" type="application/rss+xml"/>
    <item>
      <title>All India Gems &amp; Jewellery Trade Federation views &amp; suggestions on &quot;Draft Gold Monetization Scheme” announced by the Government of India - Suggestion to appoint one apex industry body having National presence to coordinate on the industry’s behalf.</title>
      <link>https://www.taxtmi.com/news?id=14640</link>
      <description>The submission urges that jewellers be appointed as authorized Collection Centres to market, collect and perform preliminary testing of deposited gold at retail locations, with final assaying by nominated purity testing and refining agencies; it recommends permitting Demat gold accounts alongside bank gold savings accounts, offering attractive tiered interest and longer tenures, establishing operational manuals and audited processes, providing limited tax-immunity up to a reasonable per-person threshold, and forming an apex national industry body or joint committee with government representation to coordinate scheme implementation and outreach.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 26 Jun 2015 10:50:21 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=14640</guid>
    </item>
  </channel>
</rss>