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Gold council backs Indian GST

The Indian gold industry will face higher costs when a goods and services tax (GST) comes in next month, but the World Gold Council says the new system is an overall net win.

Gold council backs Indian GST Gold council backs Indian GST Gold council backs Indian GST Gold council backs Indian GST Gold council backs Indian GST

A little bit pricier with GST added, but maybe more trustworthy

Part of Indian prime minister Narendra Modi’s plans to modernise the country’s economy, the GST comes into force on July 1 and replaces the complex system of levies currently in place in India.

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