All India-gems-and-jewellery-trade-federation

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Dhanteras gold sales: High prices take sheen off yellow metal in morning trade; more footfalls expected later during day
Business

Dhanteras gold sales: High prices take sheen off yellow metal in morning trade; more footfalls expected later during day

Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in northern and western parts of India.

Dhanteras: Jewellers see no sparkle as gold and jewellery sales remain flat despite KYC relaxation
Business

Dhanteras: Jewellers see no sparkle as gold and jewellery sales remain flat despite KYC relaxation

Gold 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.

GST rate for gold, other items fixed: Will it raise demands for more special rates? Experts weigh in
Business

GST rate for gold, other items fixed: Will it raise demands for more special rates? Experts weigh in

Industry said that traders need to gear up for the transition as more delay was unlikely.

Gems and jewellery industry wants 5% import tax; PAN card limit to Rs 5 lakh for Budget
Business

Gems and jewellery industry wants 5% import tax; PAN card limit to Rs 5 lakh for Budget

The dometic gems and jewellery industry has urged the government to increase the mandatory PAN card limit to Rs 5 lakh and above and reduce the import duty on gold to atleast 5 percent in the Budget

Demonetisation: Jewellers say wedding season ruined as sales fall 80% but hope for brighter future
India

Demonetisation: Jewellers say wedding season ruined as sales fall 80% but hope for brighter future

A result of demonetisation could be a boom in jwellery parks. Jwellers hope this will create more jobs

Levy 1.25% GST rate on jewellery sector : Industry body
Business

Levy 1.25% GST rate on jewellery sector : Industry body

A jewellers body today demanded that the GST rate on the jewellery sector should be 1.25 per cent if the government wants the industry to be "compliant and organised".

Jewellery trade body urges govt to roll back customs duty on gold by 4%
Economy

Jewellery trade body urges govt to roll back customs duty on gold by 4%

The GJF sought reduction of customs import duty by at least four per cent from the present 10 per cent to maintain a 10 per cent difference between import duties on finished gold and silver jewellery

Why you won't be able to buy gold coins or bars this Diwali
Economy

Why you won't be able to buy gold coins or bars this Diwali

A number of India's top jewellery and bullion traders have voluntarily decided not to sell gold coins or bars for six months, in an effort to help the government keep the current account deficit under check.