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Three arrested for smuggling 4kg gold at Karachi airport

They were traveling to Dubai

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June 27, 2019


India’s bank note ban to disrupt gold smuggling business

A drop in smuggling will allow banks and refiners to charge a premium over official local prices, which include a 10 percent import tax. For most of 2016 gold traded at a discount in India as smugglers undercut official importers. Official importers welcomed Prime Minister Narendra Modi move this week to declare 500 and 1,000…

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November 11, 2016