Gold value immediately: Gold costs on Saturday reached ₹83,360 per 10 grams in futures commerce according to agency world traits, PTI reported.
Costs of 22-carat and 24-carat gold per 10 gram in Mumbai stands at ₹46,870, and ₹46,870 on Sunday, in line with the Good Returns web site.
On the Multi Commodity Trade, gold contracts for April supply hit a document excessive of ₹83,360 per 10 grams in early commerce.
The contract later pared some good points to commerce ₹1,127 or 1.35 per cent greater at ₹82,233 per 10 grams with an open curiosity of 16,273 heaps, in line with PTI.
On the day past, gold had closed at ₹82, 233 per 10 grams.
In the meantime, silver surged by ₹1,150 to ₹94,150 per kg, up from its earlier closing value of ₹93,000 per kg.
In the meantime, value of silver dropped by ₹73 to ₹93,255 per kg, up from its earlier closing value of ₹93,328.00per kg.
Union Price range 2025
In the meantime, Union finance minister Nirmala Sitharaman on Saturday offered the Union Price range 2025-26, envisaging an expenditure of ₹50,65,345 crore, a rise of seven.4 per cent over the present fiscal.
In a significant transfer, she introduced that zero earnings tax can be levied on ₹12 lakh earnings below the revised new tax regime.
“No Income Tax payable up to an income of ₹12 Lakh. Slabs and rates being changed across the board to benefit all tax-payers,” the FM informed the Parliament.
She additional added: “…I propose to revise tax rate structures as follows: 0 to ₹4 Lakhs – nil, ₹4 Lakhs to ₹8 Lakhs – 5%, ₹8 Lakhs to ₹12 Lakhs – 10%, ₹12 Lakhs to ₹16 Lakhs – 15%, ₹16 Lakhs to ₹20 Lakhs – 20%, ₹20 Lakhs to ₹24 Lakhs – 25% and above ₹24 Lakhs – 30%. To taxpayers up to ₹12 Lakhs of normal income other than special rate income such as capital gains, tax rebate is being provided in addition to the benefit due to slab rate reduction in such a manner that there is no tax payable by them…”
Sitharaman additionally mentioned that the federal government can be introducing a brand new Revenue Tax (I-T) invoice in Parliament subsequent week.