#silverimports

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

The Indian government has raised the import duties on gold and silver sharply, setting the new rates at 15% from the previous 6%. This move comes just days after Prime Minister Narendra Modi urged the public to avoid purchasing gold for the next year, in response to the growing economic strain caused by the Iran war and the pressure on India's foreign exchange reserves. The government's decision involves a 10% basic customs duty along with an additional 5% Agriculture Infrastructure

Business

13 May 2026 01:01 AM 8 views

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

The Indian government has raised the import duties on gold and silver sharply, setting the new rates at 15% from the previous 6%. This move comes just days after Prime Minister Narendra Modi urged the public to avoid purchasing gold for the next year, in response to the growing economic strain caused by the Iran war and the pressure on India's foreign exchange reserves. The government's decision involves a 10% basic customs duty along with an additional 5% Agriculture Infrastructure

Business

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#silverimports

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

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Justice Varma Faces Ouster After Cash Found at Home

Shubhanshu Shukla's Father Recalls Narendra PM Modi's Historic Gesture

NTSB Hearing Reveals Concerns Before DC Helicopter Plane Crash That Killed 67

Supreme Court of India rules conversion ends Scheduled Caste status

Daylight Saving Time ends tonight: clocks fall back and sunset comes earlier

Justin Sun Eats $6.2 Million Banana Artwork in Hong Kong

Q4FY26 Earnings Today: Over 40 Companies Including Maruti Suzuki, REC, Bandhan Bank Announce Results

US Visa Bulletin January 2025: Key Updates for Indian Green Card Applicants

Jagan Tour Turns Tragic: 2 Dead, Andhra Pradesh HM Criticizes Action

India-Pakistan Tensions Escalate After Pahalgam Attack and Border Ceasefire Violations

#silverimports

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

Gold, Silver Imports to Cost More After Government Hikes Customs Duty to 15%

Justice Varma Faces Ouster After Cash Found at Home

Shubhanshu Shukla's Father Recalls Narendra PM Modi's Historic Gesture

NTSB Hearing Reveals Concerns Before DC Helicopter Plane Crash That Killed 67

Supreme Court of India rules conversion ends Scheduled Caste status

Daylight Saving Time ends tonight: clocks fall back and sunset comes earlier

Justin Sun Eats $6.2 Million Banana Artwork in Hong Kong

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