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CUSTOMS DUTY ON GOLD INDIA
This SGB delivers 190% return on premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 2.90 lakhSovereign Gold Bond (SGB) 2020-21 Series-IX investors can now redeem their bonds prematurely from July 4, 2026. The Reserve Bank of India h...- Senco Gold shares soar 6% as Q1 business update highlights 60% revenue growthSenco Gold shares saw a significant jump following a strong Q1 FY27 business update. The jewellery retailer reported a robust 60% year-on-y...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- Aluminium industry split over custom duties for scraps and finished productsIndia's aluminium industry is split over import duties. Primary producers, represented by the Aluminium Association of India (AAI), want st...
- India tightens scrutiny of Chinese herbicide importsIndia is intensifying its watch on glufosinate imports from China, a crucial herbicide. Authorities are investigating if Chinese exporters ...
- Finance Ministry notifies rules for determination of origin of goods under India-UK trade pactIndia's Finance Ministry has notified rules for determining the origin of goods under the India-UK CETA, effective July 15, 2026. This agre...
- Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal yearSenco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 2...
- India waives customs duty, IGST on imported animals under UK trade pact from July 15India's latest policy change allows for customs duty and IGST exemptions on animals brought into the country for shows and public events st...
- India extends anti-dumping duty on US, Malaysia, South Africa butyl alcoholIndia has extended anti-dumping duties on butyl alcohol imports from the US, Malaysia, and South Africa for five more years. This move aims...
- Titan expects gold prices to stay elevated, volatile amid global tensionsTitan anticipates elevated and volatile gold prices due to global geopolitical tensions, impacting short-term jewellery demand. However, th...
- Industry body ASMA urges government to waive customs duty on primary aluminium, scrapThe Aluminium Secondary Manufacturers Association (ASMA) is urging the government to eliminate basic customs duties on primary aluminium an...
- India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...
- Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 gramsGold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finan...
- Jewellers may be louped in for idle gold mobilisationThe government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...
- Validity of FY26 gold import quota licences under India-UAE trade pact extended till September 30Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...
- Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- Diamonds shine as gold buyers adapt to price volatilityAs Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya bra...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
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