Bloomberg TV India Impact: Govt Plugs Gold Curb Loopholes
  • Ekta Tibrewal
  • Sep 06 2013

September 6: Over the last month, Bloomberg TV India has highlighted how the government and RBI's measures to clamp down on gold imports had left many loopholes that were being exploited to round-trip gold into the country. Now after our reportage, both the RBI and the Central Board of Excise and Customs have clarified their norms and plugged in the loopholes. This move will help to restrict gold imports at approximately 300 tonnes per annum.