Gold And Silver Custom Duty Reduced To tackle Smuggling •

Описание: Finance Minister Reduced Customs Duty On Gold And Silver • Why Gold And Silver Fell So badly • Darshan Vyas • Influitive Capital •

✅ The import duty on gold and silver is down to 6% now, compared to 15% earlier. Platinum import duty is now down to 6.4% from 15.4% earlier.

✅ Kalyan Jewellers India Ltd is up 5.15%, trading at ₹581.30 on the BSE, Tribhovandas Bhimhji Zaveri Ltd is up 2.03%, trading at ₹158.45, Titan Company Limited Ltd is up 1.24%, trading at ₹3,511.15, Rajesh Exports Ltd is up 2.47%, trading at ₹324.15 and Senco Gold Ltd is up 0.23%, trading at ₹989.85


✅ "It's a massive step in (the) right direction, as it will reduce the incentives for smuggling of gold. It will create a level playing field for honest industry stakeholders," said Sachin Jain, CEO of World Gold Council's Indian operations.



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