gold import duty

The Centre’s raft of measures to improve the trade balance will unlikely arrest the rupee’s fall with India's current account deficit, or the excess of imports over exports, set to more than double in FY23. While the export duty on oil…

Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the government to review the tariff rate on the yellow metal. Effective from June 30, the Union Finance…