An increase in the import duty hasn’t dampened Indians’ appetite for gold. It’s just pushed the market underground. Gold is such an important part of the Indian economy, people will do whatever they have to in order to get their hands on the yellow metal – including skirt the law. According to a recent report by […]
Smuggled Gold Pouring into India as Consumers Dodge Taxes
from SchiffGold.com http://ift.tt/2xZNmWZ