Any increase in import duty in Budget may have adverse effect: World Gold Council

New Delhi [India], January 26 (ANI): The government's decision last July to reduce import duties on gold has had a significantly positive impact on the industry, and any increase in tariffs in the upcoming Budget may have adverse effects, said the World Gold Council (WGC).

In an apparent request not to raise import duties on the precious metal ahead of the 2025-26 Budget, Sachin Jain, Regional CEO, India, WGC, said, "Any