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Showing posts with the label Budget 2025-26

India eye on Viksit Bharat 2047

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Key industry players & Budget 2025-26   Key industry players have shared their view on the recently pronounced Union Budget 2025-26. Let’s peep-up into the expressions! Vaishali Banerjee, Managing Director, India at Platinum Guild International: "We sincerely thank the Honourable Finance Minister for presenting a robust budget.  The reduction in the customs duty from 25% to 6.4% on platinum findings and the reduction in the tariff rate from 25% to 20% on finished jewellery— is a significant step.  We are confident that these measures will stimulate renewed demand and drive growth for platinum in the coming years.” Sachin Jain, Regional CEO, India, World Gold Council: "The fiscal budget announced by Finance Minister Nirmala Sitharaman is advantageous for the gold industry as it increases disposable income, encourages spending, and promotes economic growth across various income levels.   The omission of TCS above certain limits reduces compliance burdens and ...