Silver Import Duties
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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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Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
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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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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 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
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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.
-
Centre Raises Gold, Silver Import Tariffs To 15% Amid PM's Forex Warning
The government has imposed a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC) on gold and silver imports, taking the effective import tax to 15% from 6%.
-
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.
-
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 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
