India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as illicit imports boom after COVID-19, denting...
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...
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...
While gems and jewellery exporters are overwhelmed by the measures announced by union finance minister Nirmala Sitaraman in Union Budget 2022-23, retail industry experts cite the...
By Suneeta Kaul Last week, the Union government announced a revamped Gold Monetisation Scheme, as per which the minimum deposit amount has been reduced to just...
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...
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...
The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred...
The Customs department has seized just 900 kgs of gold between January and March period, as against more than 1,000 kgs during the year-ago period. And...
The indigenous gem and jewellery sector in the country has come to a “standstill” amid the coronavirus pandemic and is in immediate need of relief measures...