India has regained tax authority by rewriting treaties with Mauritius, Singapore, and Cyprus. This strategic move aims to enhance revenue collection and combat tax evasion. The updated agreements are expected to strengthen India's economic ties and improve compliance with international tax standards.
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The hallmarking fee for gold jewellery has risen to ₹75, impacting buyers ahead of the festive season. Effective from September 14, 2026, this fee hike does not guarantee a ₹30 increase in prices for every gold article. Understanding this change is crucial for consumers looking to purchase gold jewellery during the festive period.
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