Augmont Gold For All_Mr. Ketan Kothari Budget Reaction

Mr. Ketan Kothari, Director – Augmont-Gold For All.

The 2023 Union Budget is sort of a cheerful finances for Individual taxpayers, the place the main target was on the agricultural economic system and rising CAPEX allocation for adhering to the fiscal consolidation path. There have been some responsibility adjustments for the bullion business, the place Silver Bars and Silver Dore Import Duty are elevated to fifteen% and 14.35%, respectively, and are aligned with gold and platinum. Moreover, the conversion of bodily gold into EGR and vice-versa has been exempted from Capital Gains – it will allow EGRs to change into extra well-liked.