By Suneeta Kaul The Union Budget 2021, presented by Finance Minister Nirmala Sitharaman, has reduced the import duty on gold and silver to 7.5%, a move...
Sitharaman explained that the step was taken due to the increase in prices of the precious metals. According to experts, high customs duty on gold helps...
AHMEDABAD: Amid an overall slowdown, skyrocketing gold prices and dwindling demand for jewellery, yellow metal imports in Gujarat in 2019 was the lowest since 2004, said...
AHMEDABAD: As gold prices rallied to a record high on Monday, breaching the Rs 37,000-mark per 10g, jewellers became jittery of a further drop in demand....
The government’s decision to raise customs duty on gold to 12.5 percent from 10 percent will result in additional ₹4,000-5,000 crore of revenues, said Kotak Institutional...
New Delhi: The decision to raise customs duty on gold is a part of the government’s stated policy to curb imports of non-essential items, and enforcement agencies will...