Jewellery stocks shine as FM cuts customs duty on gold; Senco Gold, Titan, PC Jeweller jump up to 12%
In her Budget speech, the FM announced a reduction on Basic Custom Duty (BCD) on gold and silver from 10% to 6%.
In her Budget speech, the FM announced a reduction on Basic Custom Duty (BCD) on gold and silver from 10% to 6%.
FinMin remains silent on additional revenue these tweaks will rake in, but it points out these measures will not impact domestic prices of petrol, diesel and ATF