Voice of America: India Raises Gold Import Tax to Moderate Demand

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

India Raises Gold Import Tax to Moderate Demand Jan 25th 2013, 13:34 India has raised taxes on gold imports to dampen the country's huge appetite for the yellow metal. The country's massive imports of gold - the highest in the world - are straining India's finances.    Adjustments Shobha Dhir will marginally cut back on the gold jewelry she plans to make for her daughter's wedding later this year. Prices of the precious metal jumped by 13 percent last year, and a recent hike in taxes on imported gold will make the earrings, bangles and ... Media files: ECE6A0C4-E78B-4294-A58D-47AA68EFCFA5_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions