Tag: gold import tax

Gold Import Tax Hike To Fuel Smuggling, Please Reconsider Decision: Industry Bodies

Posted on July 1, 2022 by Alex John

[ad_1] Hike in import duty on gold to fuel smuggling; review decision: Industry bodies New Delhi: Jewellery and industry experts on Friday said the increase in import duty on gold….

Centre Hikes Gold Import Tax To 12.5% As Rupee Hits Record Low

Posted on July 1, 2022 by Alex John

[ad_1] India fulfils most of its gold demand through imports. Mumbai: India has raised its basic import duty on gold to 12.5% from 7.5%, the government said on Friday, as….