https://www.taxtmi.com/news?id=72770 Import duty on gold and silver was raised to 15 per cent, with basic customs duty and cess revised, and platinum and related precious-metal items also adjusted. The measure was introduced to curb non-essential imports, reduce foreign exchange outflows, and ease pressure on the rupee and the external account amid elevated balance-of-payments stress. Government sources described it as a calibrated, preventive intervention using price-based disincentives rather than quantitative restrictions. en-us Wed, 13 May 2026 15:46:04 +0530 Wed, 13 May 2026 15:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72770 Import duty on gold and silver was raised to 15 per cent, with basic customs duty and cess revised, and platinum and related precious-metal items also adjusted. The measure was introduced to curb non-essential imports, reduce foreign exchange outflows, and ease pressure on the rupee and the external account amid elevated balance-of-payments stress. Government sources described it as a calibrated, preventive intervention using price-based disincentives rather than quantitative restrictions. News - Wed, 13 May 2026 15:46:04 +0530 https://www.taxtmi.com/news?id=72770