Latest News on Gold Jewellery
Showing of 0 - 10 from 26 results
Gold Jewellery - Total results - 26
Feb 06, 2018
Gold demand went up by 9% to 727 tonne in 2017; import of yellow metal up 59%, says WGCThe growth gold demand was mainly driven by jewellery segment in 2017, which was up by 12 percent at 562.7 tonne compared to 504.5 tonne in 2016.
Nov 27, 2017
India's gold imports to be over 700 tonnes in current fiscal, up 40%, says industry bodyGJEPC chairman demanded that the import duty on gold be brought down to 4-5 percent in the Budget, asserting that the prevailing 10 percent import duty on the yellow metal gives rise to smuggling
Nov 04, 2017
Demand for gold: Wedding season expected to infuse renewed interest in coming weeksGold imports by (jewellery) export houses have fallen sharply in the last few weeks resulting in moderating demand despite the market at premium levels
Oct 18, 2017
Dhanteras: Jewellers see no sparkle as gold and jewellery sales remain flat despite KYC relaxationGold prices are ruling at Rs 30,710 per 10 gram on Tuesday in the national capital as against Rs 30,590 per 10 grams on Dhanteras in 2016.
Oct 17, 2017
Gold outlook on Dhanteras: Korean standoff sets floor for price; Indian buyers seen re-emerging after note banFarm incomes will finally be looking up this year and result in more demand for gold and silver
Oct 06, 2017
Government says PAN card not required for jewellery purchase of above Rs 50,000Govt had on 23 August extended the stringent provisions of PMLA to the gems and jewellery sector on suspicions of elements in the trade facilitating money laundering, especially post note ban last year
Aug 16, 2017
Govt bans export of gold items above 22-carat purityThe decision came at a time when Indian gold jewellery traders have raised concerns over a surge in gold imports from South Korea
Jul 28, 2017
Falling trade deficit opens space to reduce gold import tax, could make bullion cheaperA lower import duty would also help in curbing gold smuggling, which the industry says is likely to rise after the hike in sales tax on gold jewellery from 1 July.
Jun 16, 2017
India's gold imports surge 3-fold to US $4.95 bn in MaySurge in the imports last month contributed to the widening of trade deficit to a 30-month high of US $13.84 billion as against US $6.27 billion in May 2016
Jun 05, 2017
At 3% GST rate, gold jewellery demand to be unaffected, says IcraUnder the present tax regime, jewellery retailers are levied a VAT of 1 percent in most states (except in Kerala, where 5 percent VAT is levied) on sales and an excise duty of 1 percent is levied on the input side