India Gold Import Duty Rises

Reuters reported that India has almost doubled its gold import duty while also raising taxes on silver.

As quoted in the market news:

India changed the import duty on gold to 2 percent of value from the earlier flat 300 rupees per 10 grams and that of silver to 6 percent of value from 1,500 rupees per kilogram, the government said in a statement.

Click here to read the full Reuters report.

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Copper
Gold - Bullion
Gold - Production/Mining
Gold - Project Generators
Gold - Prospecting and Exploration
+ see more
Gold - Resource Definition/Pre Feasibility
Gold - Resource Expansion/Feasibility Study/PEA
Silver - $0-15m

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply