India Fails to Lower Tax on Gold

India surprised everyone. They did not remove the tax on gold and in fact increased it. India is the number-one consumer of gold jewelry. Sales have declined recently because many expected the tax to be lifted. A near 10% tax on gold has been rather high. Nevertheless, the government sees this as a capital outflow.

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India Fails to Lower Tax on Gold

Latest Posts

Japan, China, and South Korea Strengthen Ties Amid US Tariffs

Uptick in US Manufacturing

Democrats Sue to Permit Election Fraud

Germany Troops Move to Russian Border in Lithuania 1st Time Post-WWII

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