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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Under-the-counter cash gold sales boom in India as high prices and taxes bite

High gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save significantly compared to official market prices based on reported cases. As import levies have doubled, the informal gold market is thriving, especially in the lead-up to wedding season. Retail customers are discovering varying discounts, influencing their purchasing decisions significantly.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/under-the-counter-cash-gold-sales-boom-in-india-as-high-prices-and-taxes-bite/134577729
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