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Govt restricts silver imports amid push to curb metal inflows
India has introduced new rules for silver imports. Importers now need a government license. This policy aims to control the flow of precious metals and reduce the country's current account deficit. Earlier, customs duties on precious metals were also increased. These changes affect all silver imports, including those plated with gold and platinum.
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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.
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theprint.in
India caps gold imports under Advance Authorisation scheme at 100 kg
New Delhi, May 14 (PTI) A day after significantly increasing the import duty on precious metals, the government on Thursday imposed a limit of 100 kg on gold imports under the…
