GST measures to help export of gems and jewellery, says GJEPC

GST measures to help export of gems and jewellery, says GJEPC 0 Updated

🕔19:09, 24.Sep 2019

‘Higher export credit limit is a positive’ The GST rate reduction and corporate tax rate cuts will enhance ease of doing business, boost exports and make India more competitive with respect to neighbouring countries and attractive as an investment destination,

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Slowdown blues: Rising jobless numbers spark unease in Surat diamond sector

Slowdown blues: Rising jobless numbers spark unease in Surat diamond sector 0

🕔18:34, 23.Sep 2019

Industry bodies hope to allay fears of job losses and uncertain future Surat’s diamond industry fears that its worst nightmare will come true. Ahead of the season, the hustle and bustle of the business is missing and an uneasy calm

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Govt restores duty-free replenishment facility for jewellery exporters

Govt restores duty-free replenishment facility for jewellery exporters 0

🕔18:47, 5.Sep 2019

The jewellery export body welcomes the resumption of this facility. The government has again permitted gold and silver jewellery exporters to replenish the precious metal duty-free after selling it at international exhibitions, a move which would help in promoting the

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Surat diamond industry fears 2nd recession in a decade

Surat diamond industry fears 2nd recession in a decade 0 Updated

🕔17:09, 29.Aug 2019

“I am stuck in this phase of life where I cannot go ahead or go back. The situation has been the same for two months. One day my employer asked me and six other colleagues not to come to work,

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Consumers shift to big players for buying gold

Consumers shift to big players for buying gold 0

🕔18:59, 17.Jul 2019

There is a transitional shift in buying behaviour of consumers for gold jewellery in North India. With buyers preferring organised retailers over unorganised traditional family jewellers, the battle between the two is getting intense with each passing day. In the

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GJEPC delegation met up with Hon’ble Commerce and Industry  Minister in Mumbai today to represent G&J Sectoral issues

GJEPC delegation met up with Hon’ble Commerce and Industry Minister in Mumbai today to represent G&J Sectoral issues 0

🕔18:43, 1.Jul 2019

GJEPC is seeking a package from the Government to revamp the entire gem and jewellery sector in lines with what has been given by the Government to other employment intrinsic sectors like leather and textile. This is crucial and instrumental

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Trump’s trade slap will send India’s gems and jewellery sector reeling

Trump’s trade slap will send India’s gems and jewellery sector reeling 0 Updated

🕔12:07, 24.Jun 2019

The withdrawal of duty benefits by the US under the Generalized System of Preferences (GSP) is yet another blow for India’s gems and jewellery sector. The decision, which came into effect from 5 June, is however expected to have a limited impact on

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Gold import duty cut among key wishes of gems and jewellery sector

Gold import duty cut among key wishes of gems and jewellery sector 0 Updated

🕔13:11, 17.Jun 2019

Union Budget 2019 India: The gems and jewellery sector expects the government to cut down the existing rate of import duty on both gold and diamonds in the upcoming budget. The government should also look at providing rebate to the foreigners

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Hon’ble Finance Minister Convenes Pre-Budget Consultations; GJEPC Chairman Presents Industry Proposals

Hon’ble Finance Minister Convenes Pre-Budget Consultations; GJEPC Chairman Presents Industry Proposals 0 Updated

🕔19:02, 13.Jun 2019

The Hon’ble Finance Minister Smt Nirmala Sitharaman today convened a meeting in Delhi with leaders of different industry segments as part of the pre-budget consultations. The meeting was attended by Hon’ble Minister of State for Finance and Corporate Affairs, Shri

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Indian exports of gems and jewellery sees slowdown

Indian exports of gems and jewellery sees slowdown 0 Updated

🕔17:33, 10.Jun 2019

India’s exports of gems and jewellery, a major component of the country’s trade basket and among its star forex earners till recent year, has hit the slow lane, with export growth showing a significant declining trend on a consecutive monthly

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