While the government increased customs duty on gold to 8%, the RBI imposed a series of restrictions on import and financing of gold.
AHMEDABAD: Restrictions on gold imports will continue following a surge in inward shipments of the metal in July after moderating in the previous month, finance minister P Chidambaram said on Monday.
"Imports were low in June but in July it has turned again...in July the imports have risen, therefore those measures (to contain imports) continue," Chidambaram said at a function of daily Divya Bhaskar.
Gold imports were 141 tonnes in April and rose to 162 tonnes in May.
"Imports were low in June but in July it has turned again...in July the imports have risen, therefore those measures (to contain imports) continue," Chidambaram said at a function of daily Divya Bhaskar.
Gold imports were 141 tonnes in April and rose to 162 tonnes in May.
0 comments:
Post a Comment