On the basis of Savings Account people will now get the opportunity to open Gold Savings Account in banks and post offices very soon. For the major changes in the Gold Sector, the Ministry of Finance has prepared a proposal for the Gold Policy and the PMO has also stamped the agreement on this. Cabinet will also approved this proposal will soon.
High officials of the Finance Ministry say that the objective of the government is that through savings account people easily get able to get gold account so that the import of gold can be reduced as soon as possible. If this scheme increases in the market, then surely more gold will be available in the market according to Gold's demand. According to the high officials of the Finance Ministry, the government wants to launch this scheme in villages with a strong presence in the villages so that the general rural population can also enjoy the benefits of this scheme.. For this, the post office chains along with banks will also be used so that the benefits of this scheme reach the common man.
How much gold will get
According to the sources, people will able to get gold according to the money deposited in their Gold Savings Account. However this option will also available. People will be able to withdraw whatever money or gold according to their choice while withdrawing money. Capital gains tax will not be charged on the withdrawal of money. The interest given by the bank on the Sovereign Bond scheme, the same interest will be given on the Gold Savings Account. I.e. 2.5 percent annual interest one particular thing is that the amount of gold that will be available at the time of withdrawal of money will not apply the duty imposed on gold import. Pawan Gupta, vice president, PP Jewelers says that through this scheme, people will get the option of saving to buy gold. Apart from this, the money which the government has chosen to take is also rational. Assuming someone would be able to get cash instead of taking gold.
Goal to reduce gold import
High officials of the Finance Ministry say that the government wants to reduce the import of gold. At present, the demand for gold has also decreased. According to the World Gold Council report, in the first quarter of 2018, demand for gold in India has reduced by 12 percent. It has decreased from 131.2 tonnes to just 115.6 tonnes. Earlier, there was a demand of gold worth Rs 34,400 crore, but during January-March, it was Rs 31,800 crore.
According to the Council, if there is a similar slowdown in the demand, prices may come down. Meanwhile, the demand for jewelery is also reduced by 12 per cent. In the first quarter of this year, jewelery demanded 87.7 tonnes of gold, compared to 99.2 tonnes last year. During this, gold imports decreased by 41 per cent. This is just 153 tonnes compared to 260 tonnes last year. Finance Secretary Hamsukh Adhia says that we want to reduce the gap between imports and exports. If the trade deficit is in control then the fiscal deficit will also be under control. The government's effort will continue for this.Ranbir V/S Ranveer: Best Actor of the year Award
Disputation has been started for the year's Best Actor Award. Who will get this award this year. Till now Ranveer Singh, who played the role of Khilji in Padmavat was considered as a strong contender for his acting. But after giving Ranbir's outstanding performance in Sanju, he has set up a strong competition in front of Ranveer Singh. Now it would be interesting to see that who will won the battle.
In a recent interview, Ranbir Kapoor was questioned about this. Replying to which he said, "I take the competition in a positive way. I have seen Ranveer Singh's acting in Padmavat and I have been very impressed with him. He was fantastic. Now peoples are taking me as Ranvir's contestants. It's all fantastic. With such things, I am more motivated. "
Record of earnings in 5 days, first step of Sanju towards Blockbuster
He further says, "Ranvir Singh inspires me. Whenever his films are more successful than my films, then I think that one day my films will earn well. "
Ranbir-Ranveer quarrel for Sanju
Ranveer Singh was first selected to play Sanjay Dutt's role in the film Sanju. Vidhu Vinod Chopra, the producer of the film wanted Ranveer Singh, to play the role of Sanjay Dutt in Sanju not Ranbir. Later, when director Rajkumar Hirani insisted, Ranbir was selected for Sanju's role. Now Vidhu himself admitted that his decision to choose Ranveer Singh for the role was wrong.
Success in the box office and PR, but Fail Biopic is Sanju
He said, "Yes, I was crazy, at that time I really thought Ranbir might not be right for this role, and any Newcomer could make this character much better. But what has this guy done, not me? It seems that nobody could do that. "India Defeated England By 8 Wickets In the First T-20 Match
India won by 8 wickets in the first T20 match played between India and England in Manchester. In this match, England batted first, and after losing eight wickets in 20 overs and they made 159 runs. Chasing the target Kohli’s squad made 160 runs in just 18.2 overs.
These two Indian batsmen made centuries in England
Team India has won T20 cricket in England after 9 years. Earlier, Team India did not have any victory in England. Kuldeep Yadav took 5 wickets in 4overs after giving 24 runs in this match. This is also his best performance in international T20 matches. Kuldeep Yadav made history in this match as he became the first Chinaman bowler to take 5 wickets in international T20.
Indian Cricket Team's Gabbar reached career-best 24 in ICC Test rankings
Against England, Lokesh Rahul played an unbeaten innings of 101 not out off 54 balls. This is his second century in this T20 cricket. He had scored a hundred against the West Indies before this.In this match Mahendra Singh Dhoni has become the most stumpy wicket-keeper in international T20 cricket. Dhoni stumped two batsmen in this match. Now Dhoni's has did 33 stumpings in this format. He broke the record of 32 stumping done by Kamran Akmal.Google Doodle Celebrates 147th birth anniversary of British inventor Hubert Cecil Booth
Today, google celebrates the 147th birth anniversary of British inventor Hubert Cecil Booth who invent the first vacuum cleaner. Born in England’s Gloucester, he also designed suspension bridges, Ferris wheels and factories. Booth has also worked on the design of engines for Royal Navy ships. He was also offered knighthood which he declined. Booth passed away on January 14 in Croydon, England.
Mr Booth is credited with inventing the first powered vacuum cleaner. Before his invention, the cleaners would blow the dirt away. But Mr Booth's cleaner sucked the dirt, which proved a more efficient way of cleaning.
Hubert Cecil Booth got the inspiration to invent the vacuum cleaner after watching a demonstration of an American device.OMG!! Another bad news for Bollywood !! This Actress is suffering from Cancer
Famous Bollywood actress Sonali Bendre is suffering from cancer. Sonali Bendre itself shares the information on social media. Sonali Bendre wrote in a emotional post Wednesday: "Sometimes, when you expect less than life, life throws you a curve ball. I have recently been diagnosed high grade cancer. We were not able to see it clearly before. After a complaint of a strange pain, there were some tests revealed to be and i am leading from Cancer. My family and close friends are all around me who are giving me the best support.
After this tweet of Sonali, Bollywood got panic. From Karan Johar to ileana D cruz, many big celebs are doing prayer for the actress. Earlier, Irfan Khan's Rare Disease had disturbed the Bollywood.
Before Sonali Bendre, there was a bad news about actor Irfan. They have brain disease. He is currently undergoing treatment in London. Manisha Koirala, Lisa Ray and Yuvraj Singh fought successfully from cancer. Bollywood celebrities expressed concern about Sonali's health and gave her best wishes to get well soon.
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