“The high obligation of 12.5% on gold combined with the merchandise and venture charge has made purchasing adornments exorbitant, influencing purchaser request. After the Budget a year ago, we have met the fund serve a few times and we are certain that the legislature will investigate the business situation and diminish the traditions obligation to 6%,” All India Gem and Jewelry Domestic Council (GJC) Chairman Anantha Padmanaban told.
Newz Source: livemint
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