News24 | India slashes import tax on gold, silver
![News24 | India slashes import tax on gold, silver](https://cdn.24.co.za/files/Cms/General/d/11671/47424802eaf74601818ffe753013ba0c.jpg)
India slashed import duties on gold and silver to 6% from 15%, a move that industry officials say could boost retail demand and help curtail smuggling in the world's second-biggest consumer of bullion.