Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
powered by
VIDEOS
Business

Budget 2019: GJEPC expects reduction of import duty on gold

Updated : January 25, 2019 10:26 PM IST

Colin Shah, vice chairman, Gem and Jewellery Export Promotion Council (GJEPC), on Friday said he is expecting a reduction in import duty on gold and the government will formulate a comprehensive policy for the yellow metal in this interim budget.

"We have been promised and assured on several occasions that there will be a reduction in the gold duty and a gold policy. So we are hoping that the NITI Aayog really puts in place a comprehensive gold policy," Shah said.

"We are really hoping that this budget will give us some relief and some positivity for 2019," he said.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV