“We are expecting a higher tax exemption
slab and a reduction in tax rates from the upcoming budget, with GST
into picture it would be beneficial for organised jewellery brands and
it would curb gold smuggling and control sales in parallel markets.
Government may lower gold import duty, interest rates to go down on
various loans as well.” –
Saurabh Gadgil, Chairman & MD, PNG Jewellers and Director, IBJA
Saurabh Gadgil, Chairman & MD, PNG Jewellers and Director, IBJA
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