Skip to main content

GOLD AND SILVER RATES

 

GOLD AND SILVER RATES


Assessment
Year

Relevant Valuation Date

Std. Gold Rate 
(24 Carrat for 10 gms i.e. 0.87 tola.)

Silver Rate 
(996 touch for 1 kg. i.e. 85.734 tola)

2001.2002

31/03/2001

4190

7215

2002.2003

31/03/2002

5010

7875

2003.2004

31/03/2003

5310

7695

2004.2005

31/03/2004

6065

11770

2005.2006

31/03/2005

6180

10675

2006.2007

31/03/2006

8490

17405

2007.2008

31/03/2007

9395

19520

2008.2009

31/03/2008

12125

23625

2009-2010

31/03/2009

15105

22165

2010-2011

31/03/2010

16320

27255

2011-2012

31/03/2011

20775

56900

2012-2013

31/03/2012

28040

56290

2013-2014

31/03/2013

29610

54030

2014-2015

31/03/2014

28470

43070

2015-2016

31/03/2015

26245

37825

2016-2017

31/03/2016

28340

36990

2017-2018

31/03/2017

28950

42000

2018-2019

31/03/2018

30680

38355

2019-2020

31/03/2019

33080

38790

2020-2021

31/03/2020

43250

39500

2021-2022

31/03/2021

45525

62860

2022-2023

31/03/2022

51484

66990

Comments

Popular posts from this blog

SECTIONS 43CA, 56(2)(VII) & 194-IA - RELATED TO TRANSACTIONS OF CERTAIN IMMOVABLE PROPERTY

  SECTIONS 43CA, 56(2)(VII) & 194-IA - RELATED TO TRANSACTIONS OF CERTAIN IMMOVABLE PROPERTY Section 43CA Section 43CA was inserted by Finance Act, 2013 w.e.f. 01-04-2014 and is similar to the provisions of Section 50C. The provisions of section 50C are not applicable in relation to immovable property held as stock-in-trade, which section 43CA covers. Section 43CA provides that where the consideration for the transfer of an asset (other than a capital asset), being land or building or both, is less than the value adopted or assessed or assessable for purpose of stamp duty by the state government [i.e. stamp value], the value so adopted or assessed or assessable shall be deemed to be the full value of the consideration for the purposes of computing income under the head “Profits and gains of business of profession”. By virtue of Finance Act 2020, a 10% margin of error is now allowed for applicability of deeming fiction of this section. Such 10% is to be calculated on considerati...