import duty :
- n a duty imposed on imports
News & Articles
- Discourage customers from buying gold, FM tells banks
MUMBAI: A day after the government raised import duty on gold to 8 per cent, Finance Minister P Chidambaram on Thursday said the surging imports are unsustainable and advised the banks to tell customers not to invest in the precious metal.
June 7, 2013 - INDOlink
- Titan falls after hike in import duty of gold
MUMBAI (Reuters) - Shares in Titan Industries Ltd(TITN.NS) fell as much as 2.2 percent after India increased import duty on gold by a third to 8 percent, which was seen hurting its earnings outlook, dealers ...
June 6, 2013 - Reuters via Yahoo! Finance
- More Drastic Steps Needed to Curb India Gold Bugs
India, the world's largest consumer of gold, has stepped up its battle against gold bugs by raising an import duty on the yellow metal to 8 percent from 6 percent late Wednesday. But experts say this is unlikely to be effective.
June 6, 2013 - CNBC