Traders' expectations from Budget 2026: Demand for tax relief and control of onl
Jamshedpur
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News1829-01-2026, 15:38

Budget 2026: Traders Demand Gold GST, Import Duty Cuts; Raise Online Market Concerns

  • Jamshedpur traders anticipate Union Budget 2026, seeking relief and reforms across various sectors.
  • Gold merchant Umang calls for reduced gold import duty and GST cut from 3% to 1% to revive the market and make gold accessible.
  • Bag businessman Jai Kishan and bookseller Ajay highlight the negative impact of online markets on retail sales, urging balanced policies.
  • Cloth merchant Vijay advocates for tax-free essential items like clothes to benefit middle and lower-income families.
  • Medical store owner Manish and kitchenware merchant Shahbaz express concerns over online medicine pricing and complex tax systems for small traders.

Why It Matters: Jamshedpur traders seek tax relief, lower gold duties, and balanced policies to counter online market impact in Budget 2026.

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