Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
He also said that the customs duty
reduction for gold and silver from 15 per cent to 6 per cent will not only help
small artisans but also promote the country’s gems and jewellery exports.
“The
Budget 2024-25 has removed the angel tax and through it, we will be able to
attract investors into the country,” he said here at a post-budget interaction
with the industry. Further Goyal informed that the budget has
announced the setting up of 12 industrial townships in the country. He said
that one of these will be in Maharashtra and it will help create jobs and a
strong ecosystem for the industry and trade.
The budget has also announced steps
to promote diamond trade. India is a
world leader in the diamond cutting and polishing industry, which employs a large
number of skilled workerThe budget has announced that India would provide
for safe harbour rates for foreign mining companies selling raw diamonds in the
country.
Angel tax (income tax at 30 per cent rate) was
imposed on funding raised by unlisted companies, or startups, if their
valuation exceeded the company’s fair market value.
