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Tag Archives: Seeks

25Jan 2022

Supreme Court seeks RBI response on plea over banks not passing benefits of low interest rates

by Loknath Das

The Supreme Court Monday directed RBI to communicate its decision on the representation over banks delaying passing on the benefit of lower interest rates to those who have taken loans at floating interest rates. A bench of Chief Justice Ranjan Gogoi and Justices S K Kaul and K M Joseph asked RBI to communicate within six weeks … Read More →

29Jun 2019

Union Budget 2019: Gems and jewellery sector seeks cut in gold import duty to 4%

by Loknath Das

Mumbai: On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought a reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied … Read More →

28Jun 2019

Gems & jewellery sector seeks cut in gold import duty to 4%

by Loknath Das

On the onset of the Union Budgetfor 2019-20, the gems and jewellery sector has unanimously sought reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied to curb current … Read More →

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