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The Economic Times

Economy / The Economic Times

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India restricts duty-free gold imports to curb misuse

India has imposed new restrictions on duty-free gold imports. This move follows a recent increase in customs duties. The government aims to prevent misuse of a special import scheme. These measures are designed to support the Indian rupee. Gold imports had reached a record high in the previous fiscal year. New rules include quantity caps and mandatory inspections for exporters.

14 May 2026 11:53 pm