The truth about gold imports: Why a 15% duty may cost more than it saves
- Posted on June 7, 2026
- By Financial Express
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- 1 min read
The truth about gold imports: Why a 15% duty may cost more than it saves
The Indian government's move to raise gold import duties from 6% to 15% aims to defend the rupee. Discover how taxing this asset backfires on retail portfolios and a $28.5 billion export engine.