Tag: Gold imports

Petrol, diesel to be costlier; tax on super-rich, gold imports

NEW DELHI: Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with reduction in corporate tax and sops to housing sector, startups and electric vehicles. Presenting […]

Gold imports dip 5% to $26.93 billion in April-January period on weak global cues

NEW DELHI: The country’s gold imports dipped about 5 per cent in value terms to $26.93 billion during April-January 2018-19, which is expected to keep a lid on the current account deficit. According to commerce ministry data, total imports of the precious metal in the corresponding period of 2017-18 stood at $28.23 billion. Industry experts […]

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