2024-02-02 12:06:00
10 grams of 22 carat gold costs more than Rs.55 thousand. The price of pure gold (gold price) is more than Rs.60 thousand. Would you believe that 10 grams of gold is available for Rs.45 thousand when the price of gold is so high? Yes you can buy gold at low price. But for this you have to go to Bhutan.
You can buy gold at low prices in Bhutan and bring it to India from there. No tax required. But some conditions apply to this. Those who follow those conditions will get gold at a lower price.
Indians visiting Bhutan’s Phuengsholing and Thimbu regions have the opportunity to buy gold at low prices. That means Indians can buy gold there duty-free. You can buy gold without paying any tax. On February 21, the Bhutanese government decided to sell duty-free gold to Indians. On that day, the birthday of His Highness King Loser, the Government of Bhutan took this important decision. In this context the aim is to promote the tourism industry.
Related news
Advertising
According to the latest prices, the price of 24 carat gold in India is Rs 60,490 per 10 grams. The price of the same gold in Bhutan is BTN 43,741.90 i.e. 43,741.90 Bhutanese Rupees. One BTN is roughly equivalent to one rupee in Indian currency. That means Indians can buy 10 grams of gold at the same price of Rs.43,741.90. You can own 10 grams of gold with a discount of more than Rs.16 thousand.
But there are some conditions to buy gold at such a low price. Indians have to pay a fixed development charge of Rs 1,200 to Rs 1,800 to buy duty-free gold. If you add this fee, you can buy 10 grams of gold for Rs.45 thousand. Apart from this, stay at least one night in a tourist accommodation approved by the Government of Bhutan. Tourists should also bring US dollars to buy gold.
Advertising
Also Read: Top 10 Ways To Earn Handy From Home Without Investment..!
Duty-free gold can be purchased through finance ministry-owned duty-free outlets that sell luxury goods. According to the Central Board of Indirect Taxes and Customs Rules, an Indian male pays Rs. 50,000 worth of gold can be brought. Indian woman Rs. 1 lakh worth of gold can be brought to India tax-free from abroad.
Advertising
Best videos
From global to local news (Top Tamil News, Breaking News), Latest Tamil News, all can be found instantly on News18 Tamil (News18Tamil.com) website. News 18 Tamil : Follow WhatsApp channel.
News18 Tamil Nadu TV can be found on ARASU CABLE – 46, TCCL – 57, SCV – 28, VK Digital – 30, SUN DIRECT DTH: 71, TATA PLAY: 1562, D2H: 2977, AIRTEL: 782, DISH TV: 2977.. .
- First Published : February 2, 2024, 5:36 pm IST
Read on
#buy #grams #gold #Rs.45 #thousand