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Wednesday, September 10, 2025
The Wisdom of the Turtle: Moving Forward with Patience and Purpose
Tuesday, September 9, 2025
Nepal’s Generation Z Leads Historic Protests Against Corruption and Social Media Ban, Forcing Government Reshuffle
Saturday, September 6, 2025
GST 2.0 Clarifies Gold Tax: 3% GST on Gold and 5% on Making Charges Remain Steady Amid Reform
GST on Gold Remains Unchanged Amidst GST 2.0 Reforms in India
The Goods and Services Tax (GST) Council recently unveiled GST 2.0 reforms aimed at simplifying India’s indirect tax regime by consolidating multiple GST slabs into mainly two broad rates of 5% and 18%, effective from September 22, 2025. While these reforms promise lower tax rates for many essential goods and relief for households and businesses, the GST on gold and silver remains notably untouched, providing clarity and stability to the precious metals market ahead of the festive season.
Gold and Silver GST Rates Steady at 3%
In the Council’s 56th meeting held on September 3, 2025, it was decisively announced that gold and silver will continue to attract a GST of 3% on their transaction value. Additionally, the jewellery making charges will persist at a 5% GST rate. This means buyers of gold jewellery, coins, and bars will not see any change in the tax incidence due to the GST 2.0 reforms.
This strategic decision keeps bullion taxation stable amid broader tax rationalization, ensuring that consumer sentiment and trade patterns around gold remain consistent during one of the peak buying seasons in India. It also avoids introduction of any uncertainty in pricing at a time when gold holds cultural and investment significance for millions.
Simplification but Selective Impact
The GST 2.0 structure simplifies the old four-slab tax system (5%, 12%, 18%, and 28%) to primarily two slabs—5% for essential and low-value goods and 18% for goods and services considered standard. A distinct 40% GST slab has also been introduced for luxury and sin goods like high-end cars, tobacco products, and premium aerated drinks.
However, precious metals such as gold and silver have been consciously excluded from these changes to maintain continuity and predictability. Most everyday use items and many consumer goods will benefit from lowered taxes, but gold investors and jewellery buyers will continue to transact under the established rates.
Market Reactions and Future Outlook
Following the announcement, gold futures on MCX (Multi Commodity Exchange) saw a mild decline as investor focus partially shifted to equities and higher risk assets, benefiting from reduced taxation on other goods. However, the stability in gold’s GST rate offers reassurance for both buyers and retailers about pricing confidence through the festival period and beyond.
For jewellery buyers, this means their purchases will remain fairly priced on the tax front, with no immediate relief but no unexpected hikes either. For investors, gold’s price movement will continue hinging primarily on global demand-supply dynamics, currency fluctuations, and central bank policies rather than domestic tax reforms.
Transforming Taxes: India’s New GST Structure Set to Simplify and Support Every Wallet Starting This Navratri
Thursday, September 4, 2025
GST 2.0 ఆవిష్కరణ : రెండు స్లాబ్ నిర్మాణానికి ఆమోదం
Monday, August 18, 2025
The Conspiracy Behind "Marwari Go Back"
Sunday, August 17, 2025
కిష్త్వార్లో తీరని విషాదం
Tuesday, August 12, 2025
ఉచిత తిరుపతి బాలాజీ దర్శనం.
The Lord on the Lotus Hill: A Journey to Tanapalli Subramanya Swamy Temple
The Tanapalli Subramanya Swamy Temple, also known as Sree Balagnana Dhandayudhapaani Swamy Temple, has a relatively recent history. It is situated on a hill named Sri Padmagiri, which is shaped like a lotus, in the village of Tanapalli near Tirupati.
According to temple legends, the temple's founder, Sri Ganapathi Swamy, had a dream of Lord Subramanyam Swamy on the hill when he was 15 years old. He then went to the hill and, after hearing the Subramanya Swamy mantra from a small cave, performed intense penance for several years. He received the blessings of Lord Subramanya Swamy, named the hill Sree Padmagiri, and established Guhaanandhapeetam. He initially worshipped the Lord in the form of a yantra.
In 1979, Sri Ganapathi Swamy used his own funds to consecrate and install the idol of Sri Balagnana Dhandayudhapaani Swamy, which is a unique representation of Subramanya Swamy in his Brahmachari (celibate) form. The idol is also said to stand on a shatkona yantra peetam (a six-pointed star). This makes it the only temple in Andhra Pradesh with this specific form of the deity.
Since its establishment, the temple's rituals and management have been overseen by the hereditary lineage of Sri Ganapathi Swamy. In 2006, he passed on the sacred mantra and the responsibility of the yantra to his son, Sri Shanmugha Swamy.
Source: The history of the Tanapalli Subramanya Swamy Temple is primarily based on temple legends and narratives found on various online platforms, including temple-related websites and local information portals.
A key source of information is the temple's own description on websites such as "Our Temples," which details the story of its founder, Sri Ganapathi Swamy, and the circumstances of the temple's establishment. These sources provide the founding year (1979) and describe the unique form of the deity.
It's important to note that the history is rooted in the devotional accounts and experiences of the temple's founder and subsequent generations, and not from a documented historical or archaeological record in the same way as ancient temples might have.
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Friday, August 8, 2025
ఆశకు ప్రతిరూపం: లక్ష్మి కథ
Monday, June 30, 2025
సృష్టి రహస్య విశేషాలు. సృష్టి ఎలా ఏర్పడింది.
Friday, June 27, 2025
Kolkata Law College Gang Rape
Wednesday, May 28, 2025
ప్రముఖ వాగ్గేయ కారులు(అతి సంక్షిప్త పరిచయం)
The Wisdom of the Turtle: Moving Forward with Patience and Purpose
There is something quietly profound about watching a turtle move. Its steps are slow, steady, and deliberate, yet never meaningless. The wor...
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Nepal is currently witnessing a powerful youth-led movement that has deeply shaken the country’s political scene. This wave of protests, led...
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ప్రముఖ వాగ్గేయ కారులు (అతి సంక్షిప్త పరిచయం) జయదేవుడు (1101-1153) 'గీతగోవిందము' అను సంగీత గ్రంథమును సంస్కృత భాషలో రచిం...
 
