Niti Aayog suggests slashing import duty, GST rate on gold

Government think tank  Niti Aayog has suggested the government to bring down import duty on  gold from the existing level of 10 per cent and also slash the  GST rate on the precious metal from the current 3 per cent. It has also recommended the government to review and revamp the gold monetisation scheme and the sovereign gold bond scheme and introduce new gold savings account in ba…