Jewellery Stocks Surge as Budget 2025 Cuts Customs Duty
Jewellery Stocks Surge as Budget 2025 Cuts Customs Duty

Jewellery Stocks Surge as Budget 2025 Cuts Customs Duty

Jewellery stocks soared on February 1 after Finance Minister Nirmala Sitharaman announced a customs duty reduction, boosting investor confidence.

DSIJ Intelligence Article rating: 5.0

The Finance Minister lowered the customs duty on jewellery articles and parts from 25 per cent to 20 per cent, effective February 2, 2025. Additionally, platinum findings will now attract a 5 per cent duty instead of 25 per cent.

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