India Silver Tax Exemption Sets Up Attractive Investment

Mineweb reported that silver’s exemption from import excise tax in India is making the metal look like a good investment.

As quoted in the market news:

On Friday, India’s Finance Minister exempted branded silver jewellery from excise duty. Silver coins of purity 99.9% and above were also exempted from excise duty. However, the excise duty on refined gold was doubled from 1.5% to 3%.

Click here to read the full Mineweb report.