Businessmen Demand Increase in Gold Import Duty to Curb Smuggling

Kathmandu. Businessmen who were constantly pressuring the government to reduce the customs duty on gold, citing increased smuggling and decreased trade some time ago, are now engaged in exactly the opposite 'lobbying'. The businessmen who protested for months when the government increased the customs duty on gold through the budget for the financial year 2081/082 are now pressuring the government to increase the customs duty.When the government increased the customs duty on gold to 20 percent and on silver to 15 percent through the budget for the financial year 2081/082, gold businessmen protested. They postponed their protest after the customs...