Mr. Jain quote on the Union Budget announced today

Feb 01, 2025

Sachin Jain CEO India World Gold Council 1Sachin Jain, Regional CEO, India, World Gold Council said,

“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 enhances the ease of doing business.

Creation of Export Promotion Mission, National Manufacturing Mission furthering “Make in India”, the National Centres of Excellence for Skilling encouraging MSME’s and digital public infrastructure ‘BharatTradeNet’ for international trade will support the Indian gold industry and enhance its crucial role in contributing to Viskit Bharat 2047.

Simplification and reduction of taxes positively impact the Indian middle class and salaried individuals, while also supporting farmers, businesses, and investments. With a focus on financial empowerment and ease of living, the government aims to foster innovation, artificial intelligence, infrastructure development, and inclusive economic growth.

Overall, this consumption-led budget prioritises both investments and spending, with the increase in disposable incomes due to an enhanced tax exemption limit expected to boost overall consumer demand, including that for gold and jewellery.”

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
94,318
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

DJGF 2026 IS SOLD OUT!

Exhibitor space for the 14th edition is officially fully booked. Thank you to our exhibitors, partners & the jewellery fraternity for the incredible support!

📅 26–28 Sept 2026
📍 Bharat Mandapam, New Delhi
#DJGF2026 #SoldOut #B2BJewelleryShow

Delhi Jewellery & Gem Fair is back with its 14th edition of North India’s iconic B2B jewellery expo! 💎

📅 26–28 September 2026
📍 Bharat Mandapam, New Delhi
Connect, discover and explore new opportunities across the jewellery industry.

3

कुछ jewellery trends आते-जाते हैं, लेकिन pearls की elegance हमेशा timeless रहती है.

Apna Delhiwala Show – DJGF 2026 में explore कीजिए pearl varieties, नए collections और connect कीजिए leading exhibitors से.

🗓️ 26–28 September 2026
📍 Bharat Mandapam, New Delhi

The Countdown to GJS 2026 Begins!

Register by 31 August 2026 and save up to ₹2,500 per badge. Don’t miss the chance to be part of the Diwali Edition of GJS 2026.

📅 2–4 October 2026
📍 Jio World Convention Centre, Mumbai

#gjs2026 #gjsindia #jewelleryshow #jewelleryindustry

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of