Updated On: 01 February, 2026 04:26 PM IST | Mumbai | mid-day online correspondent
Speaking on the Union Budget 2026, All India Gem and Jewellery Domestic Council (GJC) Chairman Rajesh Rokde said the government has taken a balanced and sensitive approach towards the sector. He noted that there has been no increase in customs duty or GST, which brings much-needed relief to the trade

Finance Minister Nirmala Sitharaman shows the digital tablet. Ppic/PTI
The All India Gem and Jewellery Domestic Council (GJC) has welcomed the Union Budget 2026, saying it provides stability, policy certainty, and confidence to the gems and jewellery industry.
Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2026 in the Parliament on Sunday, February 1, also laid out government expenditure and taxation plans that will directly impact the daily lives of the citizens and businesses across India.