New Delhi: Gold worth at least Rs 70 lakh was seized by customs officials in three separate incidents at Indira Gandhi International Airport here and two persons were arrested in this connection.
Customs officials said they found gold bars weighing 448 gms outside a washroom at the airport, which may have been dumped following tightening of vigil. They said CCTV footage was being examined to find the culprits.
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08:10 PM, Jun 10, 2013
New Delhi: Gold futures prices on Thursday fell by 0.39 per cent to Rs 27,771 per 10 grams as participants indulged in reducing exposures, after the government raised import duty on the metal to 8 per cent amid a weak trend overseas. Analysts said sentiments turned weak after the government on Wednesday night hiked the import duty on the metal to 8 per cent, up by 2 per cent, in...
01:15 PM, Jun 06, 2013
New Delhi: With spiralling gold imports putting huge pressure on the Current Account Deficit, the government on Wednesday night hiked the import duty on the metal to 8 per cent, up by 2 per cent, in a bid to rein in demand. "The import duty on gold has been increased from 6 per cent to 8 per cent," Revenue Secretary Sumit Bose said. This is the second hike in the...
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An ICC official was caught allegedly bringing into the country a silver trophy worth Rs 20 lakh without paying customs duty at IGI aiport here following which it was seized. ...
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The government on Monday hiked import duty on gold and platinum to six per cent from four per cent with immediate effect. The decision came from the government as the rising import of gold was hurting country's balance of trade and foreign exchange. ...
05:28 PM, Jan 21, 2013
New Delhi: Gold and platinum will be costlier as the government has proposed doubling the import duty on these precious metals. The basic duty on gold ore, concentrate and dore bars for refining has also been double to 2 per cent. "I propose to increase basic customs duty on standard gold bars; gold coins of purity exceeding 99.5 per cent and platinum from 2 per cent to 4 per cent...
03:44 PM, Mar 16, 2012
New Delhi: With onion prices skyrocketing to as much as Rs 85 per kg in some retail markets, the Indian government on Wednesday said it has brought down customs duty on imports of the commodity to zero from 5 per cent. "The customs duty on onions has been brought down to zero," Finance Secretary Ashok Chawla told reporters in New Delhi on Wednesday. The step comes amid a sharp rise...
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The actor enjoys being a bad boy on screen ...
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