News > Customs on polished diamonds, gemstones cut to 5%

Customs on polished diamonds, gemstones cut to 5%

Business Standard | 01/02/2022 12:45 PM | Click to read full article

Finance minister Nirmala Sitharaman will present the fourth Budget of the Modi 2.0 government today. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 per cent growth in the 2022-23 fiscal.

The gross GST collections for the month of January 2022 are Rs 1,40,986 crores which is the highest since the inception of GST.