India raises import duty on gold

Jul 01, 2022

New Delhi [India], July 1 : The Centre has raised the import duty on gold from 7.5 per cent to 12.5 per cent, as...

ED attaches assets worth Rs 4,109 cr in Agri Gold Ponzi scheme case

Dec 24, 2020

New Delhi [India], December 24 : The Enforcement Directorate (ED) on Thursday attached assets worth Rs 4,109 crores from Andhra Pradesh, other states in...

India imposes restrictions on certain studded gold jewellery imports

Jun 12, 2024

The central government has imposed restrictions on the import of certain gold-studded jewellery and articles.

ED arrests 3 promoters of Agri Gold Group of Companies in ponzi scheme fraud case

Dec 23, 2020

New Delhi [India], December 23 : The Enforcement Directorate (ED) on Wednesday said that it has arrested three promoters of the Agri Gold Group...

Reduce gold import duty to curb smuggling, says Malabar Gold chairman MP Ahammed

Jan 23, 2023

New Delhi [India], January 23 (ANI/Mediawire): The organized gold jewellery retailers are urging the finance minister to cut gold import duty in the Union...

High import tariff adding fillip to illicit gold trade

Jan 27, 2023

New Delhi [India], January 27 (ANI/Mediawire): Raising import duty on gold serves as an incentive for smugglers. Lowering the duty gradually could help grow...