The Conversation (0)
Forbes reported that India’s small gold sellers are upset about the recently imposed import duty on gold.
Forbes reported that India’s small gold sellers are upset about the recently imposed import duty on gold.
As quoted in the market news:
India’s gold market is highly fragmented and is dominated by thousands of small retailers and goldsmiths. The imposition of excise tax on these unbranded players will cut into their already razor-thin margins. And the accompanying paper work will only make life harder for them.
