IMPORT TAX

  • Gold hits 10month low, attracts bargain buyers April 3, 2013

    Mumbai: Gold extended losses to hit its lowest level in ten months on global cues, attracting bargain hunters in the wedding season. At 2:51 pm, the mostactive gold for June delivery on the Multi Commodity Exchange was 140 rupees lower at 29,465 rupees per 10 grams, after hitting a low of...
  • India unlikely to hike gold duty again: Chidambaram April 2, 2013

    Tokyo: Finance Minister P Chidambaram suggested on Tuesday that the government is unlikely to raise the import tax on gold further to avoid gold smuggling and would instead introduce inflationindexed instruments to help curb a record current account deficit. In January India raised the import tax on gold to 6 per...