Why buying gold jewellery is set to become expensive: Check here the complete cost

[IndiaInsurance]

https://img.etimg.com/photo/92594384.cms (https://economictimes.indiatimes.com/wealth/spend/why-buying-gold-jewellery-is-set-to-become-expensive-check-here-the-complete-cost/articleshow/92594384.cms)The government has hiked the import duty on gold to 15% from 10.75% earlier. According to Bloomberg, this is a reversal of last year when India cut the tax to 7.5% in the federal budget. The hike in import duty has come into immediate effect. The hike in import duty to 15% is going to make the gold buying even more expensive for customers.

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