#exchequer-savings
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …
Higher duty may lead to gold demand lowering by 60 tonnes saving $2.5 billion: Economists
A hike in gold import duties is projected to trim annual demand by nearly 60 tonnes, potentially saving the exchequer $2.5 billion (approximately ₹24,000 crore) in import bills. While the move is designed to narrow the Current Account Deficit (CAD), analysts …