GJEPC Webinar Analyzes Budget's Impact on Gem and Jewellery Industry
The Gem and Jewellery Export Promotion Council (GJEPC) recently held a well-attended webinar on July 25, 2024, to analyze the impact of the Union Budget 2024 on the gem and jewellery industry. The event featured insights from industry experts and highlighted key budget measures beneficial to the sector
Budget 2024-25 a recipe for growth, industry leaders say
Finance Minister Nirmala Sitharaman’s Budget has been hailed by the gems and jewellery industry, with stakeholders calling the duty cuts a long-awaited step in the right direction
Budget 2024: Custom duty on gold and silver reduced to 6%; safe harbour rates for mining companies introduced
In a significant boost to the gems and jewellery industry, Finance Minister Nirmala Sitharaman announced a reduction in customs duties on precious metals. The customs duty on gold and silver has been slashed from 15% to 6%, while the duty on platinum has been lowered from 15.4% to 6.4%
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