Day: December 9, 2016

Dec 10 - Dec 16 2016, Economy, Finance

UNACCOUNTED GOLD HOLDINGS MORE THAN 500 GMS WILL ATTRACT INCOME TAX

The Limit on gold holdings for married women is 500gms and 250gms for unmarried girls. If you have gold in excess of these limits you will have to prove that it was bought with money on which taxes were paid. If you are not able to do so you will be charged not only income tax and wealth tax but will have to pay a penalty as well

Potpourri

ISHETA SALGAOCAR WEDS NEESHAL MODI

By Goan Observer Team

OH, la la lalala and la la la again! The marriage season is here, my dear, and how could I not go partake of some of the pleasures at Isheta Salgaocar-now-Isheta Modi’s marriage reception at the Goa Marriott Resort & Spa on December 5, 2016? I mean, my dears, it was the big fat marriage and reception of the season in amchi bhangaramchye Goem.