Buying gold worth Rs 20 lakh in Dubai and selling it in India: Can you make huge gains without any risk? Experts weigh in
Suraj Nangia, founder, Nangia Global, says an Indian traveller who has resided abroad for over one year can bring in a limited amount of gold jewellery duty-free: up to 20 grams for men and 40 grams for women. He reveals travellers exceeding the duty-free jewellery allowance face a tiered duty structure, starting around 3% and rising to 6% and 10% for higher quantities.