Gold Smugglers
Gulf migrants tapped to smuggle gold, narcotics spike surprise officials
The annual report for 2021-22 released by Finance Minister Nirmala Sitharaman goes into granular details of how smuggling has massively diversified
 "Gulf migrants tapped to smuggle gold, narcotics spike surprise officials")
DRI reports 11 cases of gold seizures in North East Corridor during Sept
The recent gold seizures in the North East by the Directorate of Revenue Intelligence (DRI) indicate a spurt in the smuggling of gold through the NE borders of Bangladesh and Myanmar
 "DRI reports 11 cases of gold seizures in North East Corridor during Sept")
4.33 kg smuggled gold seized at Hyderabad airport, says Customs dept
Smuggled gold weighing a total of over 4 kg was seized at the airport here in two separate incidents, the Customs department said on Friday
 "4.33 kg smuggled gold seized at Hyderabad airport, says Customs dept")
In pandemic, it's not gold but cigarettes where smugglers are making money
Even as Covid protocols restrict international and domestic transport, the cross border crime syndicates continue to make big money by smuggling truck loads of 'sin goods' into India
 "In pandemic, it's not gold but cigarettes where smugglers are making money")
Travel curbs in India thwart gold smugglers; boost premium legal imports
India suspended long-distance trains and international flights in March as part of the lockdown of its 1.3 billion population to contain the spread of novel coronavirus
 "Travel curbs in India thwart gold smugglers; boost premium legal imports")
Govt likely to soon bring gold amnesty scheme to unearth black money
The tax will have to be paid on entire value of gold declared by an individual that has been purchased without any receipt
 "Govt likely to soon bring gold amnesty scheme to unearth black money")
Spike in gold smuggling via SEZs under lens; PMO seeks Customs report
The report should contain details about official gold imports, its usage in the domestic market, smuggling trends, possible curbs to mitigate the negative impact of gold imports on the trade deficit
 "Spike in gold smuggling via SEZs under lens; PMO seeks Customs report")
India's seizures of smuggled gold jumps in June quarter: Official
The illegal trade could rise further in coming months as India, the world's second biggest gold consumer, raised an import tax on gold by 2.5 percentage points to 12.5% in July's federal budget
 "India's seizures of smuggled gold jumps in June quarter: Official")
Gold smugglers now prefer Europe over Gulf countries: Customs
Recent cases of gold seizure show that smugglers are opting for the European route and newer modus operandi
 "Gold smugglers now prefer Europe over Gulf countries: Customs")
Indian gold smugglers now prefer Europe over Gulf countries: Customs
Recent cases of gold seizure show that smugglers are opting for the European route and newer modus operandi, says customs officials
 "Indian gold smugglers now prefer Europe over Gulf countries: Customs")
Gold smugglers more margin-savvy
Hawala cost down, bars increasingly being replaced with unofficially imported jewellery
 "Gold smugglers more margin-savvy")
