India raises base import price of gold, keeps vegetable oils steady
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Mumbai: India raised the base import prices of gold and silver as prices in the world market strengthened, while largely keeping the base price of vegetable oils steady, the government said in a statement late on Thursday.
The government revises base import prices of edible oils, gold and silver every fortnight, and the prices are used to calculate the amount of tax an importer needs to pay. India is the world’s biggest importer of edible oils and silver and the second-biggest consumer of gold……
For More Details Visit: https://www.deccanherald.com/business/india-raises-base-import-price-of-gold-keeps-vegetable-oils-steady-2917485
