Gold advanced for a third day on increased tensions in Ukraine and as
the dollar weakened, countering concern that U.S. interest rates could
increase sooner than expected because of the strengthening economy. SEE MORE The Ministry of Finance (MoF) on Monday required petrol distributors
and dealers not to revise the import tax on petrol and oil products
until the end of this year. SEE MORE NEW DELHI(Commodity Online): India government has approved the revision
of royalty rates and dead rent of all major minerals except minor
minerals, coal, lignite and sand for stowing as per provisions of Mines
and Minerals (Development and Regulation) (MMDR) Act, 1957 It also
approved the application of these rates in all the States and Union
Territories. SEE MORE VietNamNet Bridge – The Ministry of Finance (MoF) has submitted a
range of tax solutions to the Government in order to remove
difficulties and help promote development of enterprises. SEE MORE VietNamNet Bridge – The Vietnam Coal and Mineral Industries
Holding Corporation (Vinacomin) has said that its Tan Rai bauxite mining
and processing project in the Central Highlands will incur losses for
up to four years upon the start of its operations last October, instead
of two years as previously calculated. SEE MORE