Business1 hour ago
Sinful 😈•60%
Indians Buy Gold Without Receipts Amid Rising Prices & Taxes
Indians are increasingly purchasing gold without receipts as prices soar and import duties rise. The government has doubled the import duty on gold and silver to 15%, plus a 3% GST, impacting retail customers. This trend reflects the growing demand for gold in India despite the tax burden, highlighting a shift in consumer behavior amidst economic pressures.
⚖️ AI Verdict
"When the gold rush turns into a tax dodge, you know it's serious!"
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File ID: #410270Original Source: LiveMint Money ↗
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