Gold Import Duty
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Gold, Silver Slide 9% After Global Overnight Sell-Off Ahead Of Union Budget 2026
Budget speculation now centres on whether a trim from six percent to around four percent is coming.
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Trump Says Gold Will Not Face Tariffs After Customs Confusion
US President Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -- threatening to upend global trade of the precious metal.
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Gold Prices In Dubai vs India: Check Import Duty, Restrictions
Kannada actress Ranya Rao's arrest at Bengaluru airport with 14.2 kg of gold has put the spotlight on gold smuggling and price differences between Dubai and India.
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In Union Budget 2024, Good News For Those Looking To Buy Gold
Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.
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Budget 2019: Gold Prices Go Up As Customs Duty Raised For First Time In 6 Years
Customs duty on gold and other precious metals were raised for the first time in six years today as Finance Minister Nirmala Sitharaman announced an increase in import duty from the current 10 per cent to 12.5 per cent while presenting her first Budget.
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PNB Fraud Accused Mehul Choksi Was In Tax Department's Probe Since 2012
One of the absconders in the Punjab National Bank (PNB) fraud, Mehul Choksi, was under the scanner of the Mumbai Income Tax Department (Investigation) in 2012 for alleged duty violations while importing huge quantities of gold and diamond items.
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Jewellery Industry Seeks Reduction Of Gold Import Duty To 4%
The industry body also asked the government to increase the cash purchase limit to at least Rs 1,00,000, which is kept at Rs 10,000.
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Import Duty On Gold May Be Cut In Forthcoming Budget, Says Report
India is the world's second biggest gold consumer after China. The import mainly takes care of the demand of the jewellery industry.
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Gold Prices Rise To 1-Year High, Rupee Slides To 3-Week Low: 10 Points
Global gold prices have held close to their one-year high levels as geopolitical risks over North Korea remained elevated. Domestic gold prices too have risen to their highest levels this year (year-to-date) around Rs 30,500, tracking higher global prices. Meanwhile, the rupee fell to a three-week low against the US dollar, sliding to 64.26 against...
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Budget 2014: Government Keeps Gold Import Duty at 10 Per Cent
The government surprised International bullion markets by keeping the import duty on gold and silver unchanged at 10 percent
-
Gold, Silver Slide 9% After Global Overnight Sell-Off Ahead Of Union Budget 2026
Budget speculation now centres on whether a trim from six percent to around four percent is coming.
-
Trump Says Gold Will Not Face Tariffs After Customs Confusion
US President Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -- threatening to upend global trade of the precious metal.
-
Gold Prices In Dubai vs India: Check Import Duty, Restrictions
Kannada actress Ranya Rao's arrest at Bengaluru airport with 14.2 kg of gold has put the spotlight on gold smuggling and price differences between Dubai and India.
-
In Union Budget 2024, Good News For Those Looking To Buy Gold
Finance Minister Nirmala Sitharaman today announced a reduction in import duties on gold to 6% from 15%, a move spelling good news for those looking to buy the yellow metal. The customs duty on silver has also been slashed.
-
Budget 2019: Gold Prices Go Up As Customs Duty Raised For First Time In 6 Years
Customs duty on gold and other precious metals were raised for the first time in six years today as Finance Minister Nirmala Sitharaman announced an increase in import duty from the current 10 per cent to 12.5 per cent while presenting her first Budget.
-
PNB Fraud Accused Mehul Choksi Was In Tax Department's Probe Since 2012
One of the absconders in the Punjab National Bank (PNB) fraud, Mehul Choksi, was under the scanner of the Mumbai Income Tax Department (Investigation) in 2012 for alleged duty violations while importing huge quantities of gold and diamond items.
-
Jewellery Industry Seeks Reduction Of Gold Import Duty To 4%
The industry body also asked the government to increase the cash purchase limit to at least Rs 1,00,000, which is kept at Rs 10,000.
-
Import Duty On Gold May Be Cut In Forthcoming Budget, Says Report
India is the world's second biggest gold consumer after China. The import mainly takes care of the demand of the jewellery industry.
-
Gold Prices Rise To 1-Year High, Rupee Slides To 3-Week Low: 10 Points
Global gold prices have held close to their one-year high levels as geopolitical risks over North Korea remained elevated. Domestic gold prices too have risen to their highest levels this year (year-to-date) around Rs 30,500, tracking higher global prices. Meanwhile, the rupee fell to a three-week low against the US dollar, sliding to 64.26 against...
-
Budget 2014: Government Keeps Gold Import Duty at 10 Per Cent
The government surprised International bullion markets by keeping the import duty on gold and silver unchanged at 10 percent
