LUDHIANA: The recent raid conducted by the Directorate of Revenue Intelligence (DRI) and STF Punjab on a jeweller’s shop at Sarafan Bazaar has led to much...
India’s January gold imports plunged 76% from a year earlier to a 32-month low on subdued demand after domestic prices rallied to record highs and as...
DUBAI: Jewellery retailers are hoping gold prices in the UAE will retain the 15 per cent lower cost advantage over Indian retail rates after tomorrow’s presentation...
India needs a robust gold policy which will rationalise gold import duty to curb gold smuggling, boost exports of gems and jewellery and empower organised jewellery...
Gem and jewellery exporters on Sunday urged the government to announce support measures like the abolition of import duty on raw material for lab-grown diamonds and...
The commerce ministry is discussing a reduction in import taxes on gold to rein in illegal shipments, according to a Bloomberg report attributing people familiar with...
Kidnapping, torture, homicide, unreported — certainly, unreportable — larceny, and gang warfare. The checklist seems like the elements of an ordinary gangster film however, in actuality,...
The Centre has raised the basic import duty on gold from 7.5 per cent to 12.5 per cent. The move, announced on 30 June, is a...
The government’s move to hike import duty on gold will result in flat revenue growth for gold jewellery retailers this fiscal, compared with the glittering run...
The Centre has raised the basic import duty on the gold from 7.5 per cent to 12.5 percent. The decision comes in view of the falling...
New Delhi: Gold prices in India extended their gains from the previous week as the Centre raised the import duty on the yellow metal, a measure...
Dubai: India’s gold and jewellery industry will be one of the first beneficiaries from the country’s CEPA agreement, starting with the removal of the 5 per...
The Gem & Jewellery Export Promotion Council (GJEPC) said that with the signing of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), India’s gem & jewellery sector...
The game-changing Comprehensive Economic Partnership Agreement (CEPA) signed between India and the United Arab Emirates (UAE) last week, though widely expected to give a big boost...
Gold bars from the United Arab Emirates (UAE) and jewellery from India, are two key items that are getting significant duty cuts under the India-UAE Free...
Prices of diamond studded jewellery are set to come down with the government reducing the import duty on cut and polished diamonds in the budget. Even...
SURAT: The Gem and Jewellery Export Promotion Council (GJEPC) has made a slew of demands including duty cut on gold, cut and polished diamonds, precious and...
Gold! It stirs many an emotion in an Indian family’s mind. When gold demand picks up, the economics makes the policymaker’s plan shine. The joy that...
Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold to 4 per cent from 7.5 per cent and...
The World Gold Council recently launched a report titled ‘Bullion Trade in India’, as part of a series of in-depth analysis on the Indian gold market. The...
After two consecutive years of decline, the revenue of gold jewellery retailers is poised to grow 12-14 per cent on-year this fiscal, driven by stable gold...
The Gems and Jewellery Export Promotion Council (GJEPC) has suggested for introduction of a repair policy; cut in import duty on gold and silver; and the...
The Indian Gold Policy Centre has estimated gold smuggling into the country at 300 tonnes per annum, leading to a revenue loss of Rs 20,000 crore...
Mumbai, 18th February 2021: The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards...
By Suneeta Kaul The gems and jewellery industry has welcomed Union Finance Minister Nirmala Sitharaman’s Budget 2021-2022 announcement to cut import duty on gold and silver...
“Price of gold will come down. There is a lot of pent-up demand in the market and the reduction in duty will unleash that demand,” said...
Gold import duty reduced from 12.5% to 7.5% Silver import duty reduced from 12.5% to 7.5% Duty on Platinum reduced to 10% Clarification Sought – Equalisation...
By Suneeta Kaul The Union Budget 2021, presented by Finance Minister Nirmala Sitharaman, has reduced the import duty on gold and silver to 7.5%, a move...
Finance Minister Nirmala Sitharaman in Budget 2021 proposals said that the government will rationalise customs duty on gold and silver. Currently, gold attracts 12.5% import duty....
Sitharaman explained that the step was taken due to the increase in prices of the precious metals. According to experts, high customs duty on gold helps...
The gem and jewellery industry has sought reduction in customs duty on gold to four per cent, withdrawal of tax collected at source (TCS), cut in import duty on polished precious and...
19th December, Mumbai: In an online meeting convened by Hon’ble Finance Minister Smt. Nirmala Sitharaman for union budget recommendations, GJEPC represented the budget recommendations for the...
New Delhi, Dec 10 (PTI) Reducing the import duty on gold is the best way to curb smuggling of the yellow metal, Economic Advisory Council to...
Several government measures, including the extension of time limit for export credit available on the gold loan, on interest subvention, extension of moratorium on interest and...
The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold...
Illegal shipments of gold to India are estimated to have slowed to a trickle of about 2 tons a month, and may total about 25 tons...
Retail sales of jewellery collapsed as gold retailers downed shutters across the country to comply with the lockdown norms. The shutdown came as a tipping point...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
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