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REFINERY CGR METALLOYS
India plans to cut gold import duty to arrest smugglingIndia plans to slash the import duty on gold because higher taxes have made it more profitable for smugglers, who can offer hefty discounts...- Gold refiners go more than a month without bullion salesRefiners, who import impure or dore bars for refining, alleged that there has been a significant rise in smuggled gold in the Indian market...
- Supply-side issues: Though Indians have huge appetite for gold, organised refiners are finding the going toughRaw material supply is the biggest curse in the gold refining business. The 30-odd accredited gold refineries in India battle it out every ...
- As gold imports take a hit, industry looks for ways to make deposit schemes attractiveIndia's existing gold monetisation scheme is yet to take off, garnering deposits of only 20 tonnes of gold till now. Private gold stock in ...
- 10 things to know about India's new gold playbook: What's in it for you and the govt?The gold monetisation scheme was launched in 2015 with the aim of turning unused gold lying idle in India’s households into a productive as...
- Government cuts excise duty on impure gold to 9.35 per centArun Jaitley had increased the excise duty on impure dore gold to 9.5% from 9% in this year’s budget, narrowing the difference between the ...
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