Gold import duty hike to raise retail jewellery prices and smuggling
Overall taxes on gold now rise sharply from 14% to around 18.45%.
gold import
July 2022
July 2021
November 2020
January 2020
Gold on a swing. Time to invest?
After a steady fall since June 16 following the U.S. Fed meet, gold prices have begun another trek. This time, thanks to the Basel-lll rules that reclassified gold to a tier 1 zero-risk weight.
India’s foreign exchange reserves at lifetime high
The big question is how much more foreign exchange will the Reserve Bank of India buy, and why?
‘Price volatility, taxes may deter Indian consumers’
Financial and geopolitical uncertainty along with low interest rates worldwide, however, will boost demand for gold, says WGC report.
