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Jewellers to suspend strike till 11th May

, April 6, 2012, 0 Comments

Bullion traders have decided to suspend their agitation till May 11 after FM has assured them of considering their demand on the Finance Bill.

Jewellers all over the country have been on strike since March 17 to protest the hike in import duty on gold and imposition of excise duty on unbranded jewellery.

Meanwhile The Bombay Bullion Association President, Mr Prithviraj Kothari, said: “We and other associations will meet tomorrow or day-after to decide whether to continue strike or open our shops.”