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Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy

Union Budget 2021: Cut in taxes will put more money in consumer hands, will boost gold buy A one-time capital gain exemption for gold may be a good incentive for the revival of small businesses. Somasundaram PR January 28, 2021 14:02:16 IST Gold. Reuters The Indian gold industry has grown tremendously since the withdrawal of the Gold Control Act in the early 1990s.  This growth has brought in better accessibility and availability for consumers with a jewellery store in almost every nook and corner of this vast country. It has altered the in-store jewellery buying experience and has touched as many households as well as banks. But at one level, the industry is perceived as having fallen short of expectations in many aspects, more particularly in building trust and transparency comparable with global standards. It has also not been able to market its centuri

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