why do people want to bring gold to India after buying it from Dubai what is the difference

why do people want to bring gold to India after buying it from Dubai what is the difference


The price of gold in India is increasing day by day and quadrupling by night, In such a situation, you know about the country where the price of gold is much cheaper than in India, Actually we are talking about Dubai, You must have heard about gold smuggling from Dubai at many airports in India. Whenever people go to Dubai, they definitely buy gold from there. Now the question arises that how cheap are the gold prices in Dubai compared to India that it forces people to buy gold from there? And the question also arises that how much gold can a person bring from Dubai to India? Let us know the answers to these questions of yours.

How much gold can Indians bring from Dubai?

This question must have often come up in your mind that what is the price of gold in Dubai and how much gold can be brought to India from there, So let me tell you that according to the rules, An Indian traveller who has been residing abroad for more than a year, put it in your luggage 20 Jewellery up to the village is allowed to be brought free of cost, the price of which 50,000/- Rs or else 40 There is a permission to bring jewellery to the village without any fee, the price of which 1,00,000/- Rupees ,In case of female passenger, Happens till then,

Apart from these rules, if passengers still want to bring gold jewellery from Dubai, then they have to pay some duty on that gold., Other than this, Children who have lived abroad for more than a year, They can carry tax free gold jewellery from Dubai, but those gold coins, If they want to take bars or biscuits, they are not allowed to do so,

What is the price of gold in Dubai?,

You must have often heard that the price of gold in Dubai is much cheaper than in India, So tell me it’s not like that, Including taxes and other things, it costs more than Indian Rupees., Now you might be thinking how this can happen, So let us tell you that these days the price of gold in Dubai 263.25 dirham is, which is in Indian rupees 5,969 It happens, If we look at the price of gold in India, then currently in our country 22 carat gold price 6,670 It is Rs., Now if you look at the calculation, it will be costly for you to bring gold from there to here,

Also read: How much gold is there in a Kanchipuram silk saree? Find out its weight yourself



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