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Diamond cutting industry hopes for tax sops in union budget

Surat (Gujrat), June 28 (ANI): As the government gears up to present this year’s union budget, the recession-hit diamond cutting industry is looking forward to some sops, which could bail it out from the economical rough waters.

Traders in Surat, nation’s diamond hub, said they are anticipating some tax relief in the budget.

“The interest rate in [...]