Indian banks have been given permission to import gold from the UAE at a discounted duty rate under the countries free trade agreement, according to government officials. The move is part of efforts to boost domestic jewellery manufacturing and follows the Comprehensive Economic Partnership Agreement, which was signed in February 2022. Under the agreement, the UAE offered India immediate zero-duty access to its gold jewellery market in return for a tariff rate quota for gold imports. | Latest News India
Indian bullion dealers and jewellers have warned the government that certain refineries in the country are importing dore gold, free of customs duty, from least developed African countries. While there is no evidence that this gold is conflict gold, the imports could disrupt the market where other refineries are adhering to international guidelines on responsible sourcing.
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Dass die Preise unaufhörlich steigen, hat sich herumgesprochen. Auch, dass ein Anbieterwechsel sparen hilft. Doch wenn es um sinkende Energiekosten geht, führt am Staat kein Weg vorbei. Denn staatliche Abgaben machen einen Großteil des Strompreises aus.
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