The Government has raised import duty on gold to 10% from 8% and for silver to 10% from 6%. Excise duty on refined gold produced through processing of ores has been raised from 7% to 9%.

The duty increase is likely to add Rs 4,830 crore to the Government's kitty. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.