Gold Import Duty Hike To Have Sledgehammer Impact on Buyers & Sellers
July 1, 2022 19:19The Indian Finance Ministry announced a hike in the basic import duty of gold from 7.5 percent to 12.5 percent. According to some analysts, the decision was announced keeping in mind the tumbling Rupee and the country’s growing trade deficit as it widened to a record high last month. In a year, India’s trade imbalance […]