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 Address to refer: https://www.researchchannel.co.za/article/india-tax-hike-could-boost-illegal-bullion-jewellery-sales-2017-07-04
 Article Headline: India tax hike could boost illegal bullion, jewellery sales
 Abstract: A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewellery. As part of a new nationwide sales tax regime that kicked in on July 1, the Goods and Services Tax (GST) on gold has jumped to 3% from 1.2% previously, with traders and buyers saying the move will likely force more transactions into the black market.
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