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Gujarat: Tax at source leaves jewellers in woe

Gujarat: Tax at source leaves jewellers in woe 0

🕔12:17, 7.Oct 2020

AHMEDABAD: The imposition of 0.075% tax collection at source (TCS) from October 1, has left jewellers and gold traders staring at severe working capital crunch, amid an already slowed business. According to analysts and industry experts, the implementation will prove detrimental for small bullion traders and jewellers.

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Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels honoured with ET Industry leaders West 2020 award

Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels honoured with ET Industry leaders West 2020 award 0 Updated

🕔13:34, 29.Sep 2020

30th September 2020: Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels were honoured with the prestigious and most coveted Economic Times – ET Industry Leaders West 2020 Award. Kamakhya Jewels was recognized as ‘Outstanding Designer and Bridal

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How COVID-19 Birthed the Idea for an Overhaul of the Jewellery Industry

How COVID-19 Birthed the Idea for an Overhaul of the Jewellery Industry 0

🕔12:08, 28.Sep 2020

While Mumbai-based jewellers are mooting on better working conditions for karigars, Kozhikode-based group’s chief pitches for uniform gold pricing across the country. Kolkata: At this time of the year, festival dates usually assume points of reference status. However, given the

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India’s gold trade may face a working capital problem

India’s gold trade may face a working capital problem 0

🕔11:54, 24.Sep 2020

India’s gold trade may face a working capital problem following the imposition of 0.1 percent tax collected at source (TCS NSE -3.78 %) effective from October 1. Bullion traders and gold trade analysts fear that it could have a detrimental

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Ahmedabad: Jewellers celebrate decline in gold prices

Ahmedabad: Jewellers celebrate decline in gold prices 0

🕔12:23, 23.Sep 2020

AHMEDABAD: In a boost to jewellery sales ahead of the festive season, gold prices declined sharply by Rs 1,000 per 10g over the past two days. The price of the yellow metal stood at Rs 52,200 per 10g, against Rs

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Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg

Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg 0

🕔12:33, 26.Aug 2020

In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870 Gold prices continued its decline for the sixth day falling to

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Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg

Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg 0

🕔11:27, 20.Aug 2020

In New Delhi, prices of 22-carat gold rose sharply to Rs 51,850 from Rs 51,150 per 10 gram in the previous trade while prices of 24-carat was at Rs 56,560, up by over Rs 1,000 Gold prices skidded to Rs 53,394

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Jewellers unlikely to achieve 100% gold hallmarking by June 2021: IBJA

Jewellers unlikely to achieve 100% gold hallmarking by June 2021: IBJA 0

🕔17:49, 30.Jul 2020

Jewellers across the country are unlikely to achieve 100% gold hallmarking by June 2021, the new deadline set by the government, according to the India Bullion and Jewellers Association (IBJA). At present, only 30,000 jewellers out of the nearly 300,000

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Gold jewellery: Deadline for mandatory hallmarking extended

Gold jewellery: Deadline for mandatory hallmarking extended 0

🕔11:20, 30.Jul 2020

In view of the coronavirus pandemic, the government has extended deadline for mandatory hallmarking of gold jewellery and artefacts by over four months. The deadline has been extended to June 1, 2021, as compared to the earlier deadline of January 15, 2021,

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Jewellers bargain on rent, pare store sizes and stocks to stay afloat

Jewellers bargain on rent, pare store sizes and stocks to stay afloat 0

🕔18:06, 28.Jul 2020

The Rs 475,000-crore Indian jewellery sector has entered a consolidation phase with jewellers renegotiating for a 25-30 per cent of cut in rent, reducing store sizes and inventories, and pruning other fixed costs including labour and technology for survival. This situation has

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