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Home News Item Gold smuggling leads to growth of mafia groups, is a heavy drain on India’s forex: DRI report
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Gold smuggling leads to growth of mafia groups, is a heavy drain on India’s forex: DRI report

december 05, 2022by Reacties uitgeschakeld voor Gold smuggling leads to growth of mafia groups, is a heavy drain on India’s forex: DRI report

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New Delhi [India], December 5 (ANI): Gold smuggling in India is fuelled by the huge demand for gold combined with import duty on illicit import of gold. Besides being one of the major vehicles of money laundering in the country, smuggling of gold also leads to the growth of mafia groups in the country and is a heavy drain on the foreign exchange resources of the country, the directorate of revenue intelligence said in a r

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