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Govt imposes import curbs on silver amid push to tighten precious metals inflows
New government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. These measures aim to control precious metal inflows and manage the nation's trade deficit. Stricter compliance and reporting are now in place for gold imports. These changes follow a significant rise in gold imports previously.
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economictimes.indiatimes.com
Duty hike may bring out more old gold into market
Industry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investments in gold bars and coins can reduce…
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timesofindia.indiatimes.com
Why gold, silver duty hike to 15% is unlikely to hit demand for precious metals - explained - The Times of India
India Business News: In a bid to keep foreign exchange reserves buffer intact, the government has raised the import duty on gold and silver to 15% from 6%. India is the wo.
