Budget 2026: GJEPC seeks duty cuts and policy reforms to boost gem and jewellery exports

The Gem & Jewellery Export Promotion Council (GJEPC) has submitted pre-budget recommendations to the Union finance minister, seeking duty rationalisation, SEZ reforms, and tax reforms for exporters. The council aims to position India as a global diamond trading hub and enhance cost-competitiveness amidst geopolitical uncertainties and slowing demand.