Diamond traders expect new budget to fulfill their long pending demands
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Diamond traders expect new budget to fulfill their long pending demands
Last Updated : Jan 30 2018 | 7:06 AM IST
Surat (Gujarat), Jan 39 (ANI): With the upcoming budget, the diamond sector is waiting to get their long unfulfilled demands. The diamond traders want presumptive tax to be implemented which is their long unfulfilled demand. They are also demanding permission for minors to sell their rough diamonds in Special Economic Zones (SEZ). The minors can only show their roughs here. The other main demand is for the Small and Medium Enterprises (SME) sector. The SME sector does not get any finances from banks. Only large and Multinational Companies can avail these finances. This does not give the chance to Small and Medium Enterprises to grow. Other demands include basic facilities like housing and proper schools especially for the diamond workers who have migrated to the diamond city Surat.