Why Modi govt raised duty on gold to cut imports, why it will cheer smugglers
#Gold
As India raises import tax on gold to 12.5%, Shekhar Gupta explains how the government is using this strategy to dampen the demand of gold amidst staggering imports. Episode 1028 of Cut The Clutter looks at how the increasing tax on gold might actually result in more smuggling of the commodity and what Dawood Ibrahim told Shekhar Gupta about the smuggling business?
Brought to you by @Kia India
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