Gold import duty

"It is going to be very tough for the government to balance the necessary support to the bottom of the pyramid – people who are suffering on account of inflation – and at the same time ensure that there is enough money to invest in the…

The sharpest increase in the import duty on gold by the Centre saw the yellow metal’s price…

This week has brought an end to the first half of 2022, and it has been a volatile one for gold as well as commodities at large. We are facing uncertain times ahead as market players try to assess the implication of higher interest rates on…

By Shashank Didmishe The government on Friday said that it has increased the basic import duty (BCD) on gold to 15%, from 10.75%, to check the current account deficit and the rising import of the yellow metal. The move is a reversal from…

The Centre on Friday slapped a windfall tax on domestic crude oil producers, imposed export…

Investors reeling from the brutal emerging markets selloff over the past six months again…

The Gem and Jewellery Export Promotion Council (GJEPC) has proposed a series of measures as part of recommendations for the upcoming Budget. Some of the major aspects of budget representation are duty cuts primarily for gold,…