(https://i.ibb.co/1tCtV9S8/8q4wqm84qr0h1.jpg)
More people will buy gold, and it's a great time to invest. The rupee is becoming a meme coin and will likely hit 150 soon. I've already converted all my money into gold, euros, and silver.
I ordered things from Amazon and Instamart and used my card discounts.
SGB and Gold ETF prices have jumped.
C government.
Please don't market this as "gold import duties blah blah blah". The rise in BCD and CESS is only for gold findings. The gazette clearly states that. Gold findings are tiny screws, hooks, etc. This mainly hits small gold shops because they source most of it from abroad and import it.
Hey, I'm coming to India from the UAE. Does it make sense to buy the maximum allowed gold here and then sell it back in India?