Buying gold in Dubai was generally considered a better option than buying it in India as no import duty was imposed on gold bought in Dubai, making it a cheaper alternative. However, Motilal Oswal Executive Director Kishore Narne said there's no significant difference anymore. He noted India's total tax on gold dropped from 15.5% to 5-5.5%, making gold purchases cheaper.
short by
Ashley Paul /
02:55 pm on
19 Oct