Dubai Gold to India: Is it Profitable? Experts Reveal the Truth

• Dubai is known as the "Gold City" with lower gold prices than India, leading many to consider buying there and selling in India for profit.
• Experts advise caution for business-minded gold buying due to taxes, customs regulations, and resale value impacting actual profit.
• New baggage rules limit duty-free gold for travelers: women up to 40g, men up to 20g (jewelry only) for those residing abroad over a year; short-term travelers pay tax on all gold.
• Customs duty, GST, currency exchange costs, and potential capital gains tax significantly reduce profit margins, with duties up to 38.5% for short-term travelers.
• Buying 20 lakhs worth of gold in Dubai and selling in India might yield an average profit of only ₹1.1 lakhs after all deductions, making it not very profitable for individuals.