Rajesh Rokde, Chairman, All India Gem and Jewellery Domestic Council (GJC), commented, “The reduction in personal income tax rates, along with the tax exemption limit raised to Rs12 lakh, is a positive move that will significantly boost consumer spending and drive demand for jewellery.
This increase in disposable income is expected to particularly benefit the gold and branded jewellery sectors. Additionally, the abolition of TDS and TCS on high-value transactions above Rs50 lakh will streamline operations, ease compliance burdens, and bring more transactions into the formal, hallmarked market. These reforms will foster transparency, trust, and sustainable growth in the jewellery industry.”
Avinash Gupta, Vice Chairman GJC, said, “The reduction in personal income tax rates is a welcome move as it will enhance disposable income, leading to increased consumer spending, including in the jewellery sector. Additionally, the eradication of TDS and TCS on specific goods purchases and sales above Rs50 lakh will significantly ease compliance burdens for jewellers and bullion dealers, fostering a more seamless and efficient business environment. These measures will collectively boost industry growth and strengthen consumer confidence.”
Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D
Divine Solitaires honoured leading partner jewelers from across India at IIJS Premiere 2026, alongside the first weekly lucky draw of TSFI's Wood Jubilee edition.
#divinesolitaires #hzinternational #iijspremiere #heerazhaveraat #luckydraw
✨ A moment to remember at IIJS Premiere 2026!
Proud to be part of Jewellers for Hope, bringing the jewellery community together for a meaningful cause. Grateful to be part of this special initiative.
#iijspremiere2026 #uniquechains #jewellersforhope #gjepc #iijs2026
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
