Gold Import Duty
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Gold Import Duty Raised To 15%: Why The Hike Triggers Smuggling Concerns
Airports accounted for 43.7 per cent of gold smuggling cases in FY25, while more than 55 per cent of smuggling was routed through land borders.
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Explained: Why India Raised Gold Import Duty, And What It Means For You
India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.
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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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Gold Import Duty Raised To 15%: Why The Hike Triggers Smuggling Concerns
Airports accounted for 43.7 per cent of gold smuggling cases in FY25, while more than 55 per cent of smuggling was routed through land borders.
-
Explained: Why India Raised Gold Import Duty, And What It Means For You
India's forex reserves have slipped amid the Iran war. By raising gold import duty, India is taking pre-emptive steps to save its forex reserves.
-
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.
