Zaveri Bazaar in Mumbai

Fake ED officer loots Rs 25 lakh in cash and 3 kg gold from businessman in Mumbai Zaveri Bazar

Fake ED officers looted a jewelery trader in the market area of ​​Zaveri in Mumbai. In this incident, the robbers looted Rs 25 lakh in cash and 3 kgs of gold. The cost of gold was around one crore 70 lakh rupees.

Jan 24, 2023, 15:58 PM IST

Black gold: India tax hike could boost illegal bullion, jewellery sales

As part of a new nationwide sales tax regime that kicked in on July 1, the Goods and Services Tax (GST) on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.

 

Jul 04, 2017, 12:32 PM IST