Jewellers opine that the Budget will not only offer relief to consumers but will also boost gold demand in the country and create jobs for artisans Mumbai:...
In the meeting with Finance Minister Nirmala Sitharaman, the trade body emphasized the industry’s significant contribution to the country’s economy and employment, considering its potential for...
GJEPC’s pre-Budget proposals aim to facilitate easy access to raw materials for the industry, especially for MSMEs, while GJC has urged the Government to increase the...
Tata-owned jewellery brand, Tanishq, is aiming for double-digit growth in FY24, with plans to expand its high-value and solitaire segment by 2x and wedding and occasion...
India’s Union Budget 2023, presented by the Hon’ble Finance Minister Nirmala Sitharaman on 1st February, 2023, has some significant benefits for the gold sector and micro,...
NEW DELHI: Top jewellery retailers of the country shared mixed reactions to Union Budget 2023 announced today by Finance Minister Nirmala Sitharaman. She announced a hike...
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...
Mumbai: GJEPC congratulates the government of India and the honourable Finance Minister Nirmala Sitharaman for presenting a strong pro-reform and export growth-oriented Union Budget under the...
The government has collected Rs 31,290 crore from Sovereign Gold Bond (SGB) Scheme since its launch in 2015, Finance Minister Nirmala Sitharaman informed Parliament on Monday....
The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery exports, hails Government of India for the...
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...
Giving a thumbs up to the Nirmala Sitharaman’s Budget 2021, the big bull of D-Street, Rakesh Jhunjhunwala said he would give 10 out of 10 to...
“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...
GJEPC representation meets Finance Minister to raise concerns about Equalisation Levy (EL) on diamond trade Mumbai, 27 August 2020: Smt. Nirmala Sitharaman, Hon’ble Minister of Finance,...
Surat: While the global coronavirus pandemic has prevented the diamantaires from visiting Dubai, Antwerp and Botswana to purchase rough diamonds to keep their units operational, industry...
Ease of Business, e-commerce, Amendments in Gold Monetisation Scheme, Priority Status for G&J sector, MyKYCBank platform mandatory for G&J entities, Increasing Bank Credit exposure to G&J...
Jewellers and bullion traders have urged the government to extend the deadline for mandatory hallmarking by a year to January 2022, saying the loss of business...
In a bid to give a push to the export sector, PM Narendra Modi-led Central government is coming up with a new scheme – Nirvik. Speaking...
MUMBAI, 16th September 2019: Gem & Jewellery Export Promotion Council, the apex body of the industry in India has been representing G & J Sector Policy concerns and issues...
After a blistering 12.24% return on gold over the past year, the government has stepped in to curb imports of physical gold. In Budget 2019, finance minister Nirmala Sitharaman...
SURAT: Stating that import duty of 12.5% will only encourage gold smuggling, the all-India Jewellery Trade Council members met Union finance minister Nirmala Sitharaman and urged...
New Delhi: The decision to raise import duty on gold in the Union Budget was taken after careful consideration, including its likely impact on smuggling of the...
The proposed increase in gold import duty in the Union budget from 10 per cent to 12.5 per cent will “negatively impact” the yellow metal industry...
Domestic gold prices in India jumped to a record on Friday following an unexpected increase in import duty in the country’s budget, hitting demand and forcing dealers to...
All India Gem & Jewellery Thanks Honourable Finance Minister Shri Nirmala Sitharaman ji for the Union Budget 2019 – 20. However, Gold will now become more...
The Union Budget 2019 has hiked import duty on gold and other precious metals that are imported to 12.5%, from current level of 10%. The decision...
NEW DELHI: Finance minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi government in its second term. Here is a list of...
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...
NEW DELHI: The government is designing a rather unconventional plan to reward India’s top income taxpayers and encourage them to part with their money. For their...