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Budget Comments from Mr Anantha Padmanabhan, Chairman, All India Gem and Jewellery Domestic Council (GJC)


By Vivek K. Mobile: 09920183006 Email: indianshowbusiness@gmail.com

“We welcome the budget and the government has tried to present a balanced budget especially benefiting the lower income group. We welcome the announcement that individual taxpayers having taxable annual income up to Rs. 5 lakhs will not be required to pay any income tax.

Moreover, the multiple benefits offered to farmers, MSMEs and middle classes will certainly increase their disposable income which in turn can stimulate the demand for gold, diamond and precious stone jewellery.

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