APN News

  • Sunday, November, 2019| Today's Market | Current Time: 03:13:36
  • Post Budget quote by Mr. Pankaj Khanna, Founder & MD, Gem Selections

    Published on February 1, 2019

    1. The overall effect of the Budget – 2019 is to increase the disposable income of the public at large by reducing the direct tax and by improving the support price of  agricultural product burden.  This will increase the aggregate demand for the Gems & jewellery industry in the market and give the Gems & Jewellery industry the needed support.
    2. The Pradhan Mantri Kaushal Vikas Yogana will improve the skilled manpower in this sector.
    3. The GST Regain has been simplified this will make the working of artisan level, as well as small and marginal traders easy and they will need to spend last time and resources on compliances.
    4. More instructions of Government bodies with Gem & Jewellery Trade Organisations should be done to give further input’s to the Govt of India is the major foreign exchange earner in India.