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🇮🇳 India Revises Gold Customs Rules — Big Relief for UAE NRIs
India has updated its customs baggage rules, replacing outdated value caps on gold jewellery with clear weight‑based allowances — a major win for Non‑Resident Indians (NRIs) and frequent travellers from the UAE and abroad.
Key Facts:
• New rules allow duty‑free entry of gold jewellery up to 40 g for women and 20 g for men, based only on weight, not value.
• The outdated value‑based limits have been removed, eliminating confusion and hassles at customs.
• General duty‑free allowance for travellers has also been increased — now ₹75,000 for returning residents/tourists of Indian origin (up from ₹50,000).
Expert Insight:
The revised rules modernise customs norms in line with current gold price realities, simplify airport procedures, and reduce harassment of genuine travellers carrying personal jewellery.
#Gold #CustomsRules #NRIs #GoldJewellery #CryptoNews $XAG $XAU
India has updated its customs baggage rules, replacing outdated value caps on gold jewellery with clear weight‑based allowances — a major win for Non‑Resident Indians (NRIs) and frequent travellers from the UAE and abroad.
Key Facts:
• New rules allow duty‑free entry of gold jewellery up to 40 g for women and 20 g for men, based only on weight, not value.
• The outdated value‑based limits have been removed, eliminating confusion and hassles at customs.
• General duty‑free allowance for travellers has also been increased — now ₹75,000 for returning residents/tourists of Indian origin (up from ₹50,000).
Expert Insight:
The revised rules modernise customs norms in line with current gold price realities, simplify airport procedures, and reduce harassment of genuine travellers carrying personal jewellery.
#Gold #CustomsRules #NRIs #GoldJewellery #CryptoNews $XAG $XAU
NRIs in UAE: How to Invest in Digital Gold in India
NRIs living in the UAE can invest in digital gold in India, but there are regulatory and risk considerations to understand. Digital gold or e‑gold products sold online are not SEBI‑regulated, meaning standard investor protections don’t apply. For safer exposure, experts recommend regulated alternatives like gold ETFs or Electronic Gold Receipts (EGRs).
• Digital gold/e‑gold online products are not considered government‑permitted securities and aren’t regulated by SEBI — so if you lose money, you have no recourse under SEBI systems.
• SEBI has warned investors about unregulated digital gold risks, including counterparty and operational risks.
• Regulated alternatives include:
– Gold Exchange Traded Funds (ETFs) managed by mutual funds.
– Electronic Gold Receipts (EGRs) tradeable on stock exchanges.
Both can be purchased through SEBI‑registered intermediaries with proper accounts.
• Convenient access: Digital gold lets investors buy gold online without physically holding bullion — but it does not guarantee legal protection or oversight.
• Many apps will let users start with very small amounts (e.g., ₹100 or even less) and sell anytime at market rates — but beware unregulated platforms.
“Digital gold offers convenience and fractional investing, but without SEBI regulation, these platforms carry meaningful risks. For NRIs, regulated products like Gold ETFs and EGRs help ensure legal protections and clearer market oversight.
🔥 Why This Matters
NRIs in the UAE often look for easy gold exposure that avoids storage and customs hassles — and digital gold fits that need. But understanding regulatory status and risk before investing is crucial, especially compared with regulated products that offer legal protections.
#DigitalGold #NRIs #UAE #SEBI $PAXG
NRIs living in the UAE can invest in digital gold in India, but there are regulatory and risk considerations to understand. Digital gold or e‑gold products sold online are not SEBI‑regulated, meaning standard investor protections don’t apply. For safer exposure, experts recommend regulated alternatives like gold ETFs or Electronic Gold Receipts (EGRs).
• Digital gold/e‑gold online products are not considered government‑permitted securities and aren’t regulated by SEBI — so if you lose money, you have no recourse under SEBI systems.
• SEBI has warned investors about unregulated digital gold risks, including counterparty and operational risks.
• Regulated alternatives include:
– Gold Exchange Traded Funds (ETFs) managed by mutual funds.
– Electronic Gold Receipts (EGRs) tradeable on stock exchanges.
Both can be purchased through SEBI‑registered intermediaries with proper accounts.
• Convenient access: Digital gold lets investors buy gold online without physically holding bullion — but it does not guarantee legal protection or oversight.
• Many apps will let users start with very small amounts (e.g., ₹100 or even less) and sell anytime at market rates — but beware unregulated platforms.
“Digital gold offers convenience and fractional investing, but without SEBI regulation, these platforms carry meaningful risks. For NRIs, regulated products like Gold ETFs and EGRs help ensure legal protections and clearer market oversight.
🔥 Why This Matters
NRIs in the UAE often look for easy gold exposure that avoids storage and customs hassles — and digital gold fits that need. But understanding regulatory status and risk before investing is crucial, especially compared with regulated products that offer legal protections.
#DigitalGold #NRIs #UAE #SEBI $PAXG
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