https://www.taxtmi.com/article/detailed?id=7100 Potential revival of a Gold Control Act-style regime is contemplated to curb hoarding and black money, possibly covering gold and other precious metals and employing measures such as mandatory declarations, possession limits and compulsory purchase. The note raises the central institutional question whether oversight and enforcement would be vested in tax authorities or customs/excise boards (CBIT/CBE&C) or assigned to the central bank, observing that each has plausible enforcement roles given fiscal measures like excise duty and recent income-declaration and demonetisation initiatives. en-us Sat, 26 Nov 2016 10:29:50 +0530 Sat, 26 Nov 2016 10:29:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7100 Potential revival of a Gold Control Act-style regime is contemplated to curb hoarding and black money, possibly covering gold and other precious metals and employing measures such as mandatory declarations, possession limits and compulsory purchase. The note raises the central institutional question whether oversight and enforcement would be vested in tax authorities or customs/excise boards (CBIT/CBE&C) or assigned to the central bank, observing that each has plausible enforcement roles given fiscal measures like excise duty and recent income-declaration and demonetisation initiatives. Articles Other Topics Sat, 26 Nov 2016 10:29:50 +0530 https://www.taxtmi.com/article/detailed?id=7100