2012-05-08gata.org

``In the federal budget on March 16, Mr. Mukherjee imposed a 0.3% excise tax on non-branded gold jewelry. Branded-jewelry sales by companies such as Tata group's Tanishq already attracted a 1% tax. Both levies have now been scrapped, Mr. Mukherjee said in Parliament Monday as he unveiled amendments to budgetary proposals.''



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