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Latest Articles in jewellers

GST To Be Paid Only On Margin Earned On Resale Of Second-Hand Jewellery: AAR

AMRG & Associates Senior Partner Rajat Mohan said most jewellers procure old jewellery from common man/unregistered dealers, obliviating the need for credit of taxes in the hands of jewellers.

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Akshaya Tritiya Begins On Sombre Note; Jewellers Expect 10-15 % Sales

India's COVID-19 tally of cases climbed to 2,40,46,809, while the death toll rose to 2,62,317 with 4,000 fresh fatalities, according to the Union Health Ministry data updated on Friday.

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Watershed Moment

The jewellery industry in India has been on the cusp of a big watershed moment for some time now. It appears that the Covid-19 pandemic and its effects have put what was till now a start-stop movement on somewhat of a fast track, while the duty changes announced in Budget 2021 have added further momentum!

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Sarafa Bazar India: Empowering young entrepreneurs through online jewellery platform

Sarafa Bazar India: Empowering young entrepreneurs through online jewellery platform

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Income Tax Department conducts raids in Jaipur, recovers antique items

Income Tax Department conducts raids in Jaipur, recovers antique items

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Gold Demand Tepid In Major Asian Hubs, Protests In India Curb Buying

Gold futures were trading around 38,050 rupees per 10 grams on Friday after hitting a two-month low of 37,100 rupees earlier this month.

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Jewellery Stocks Take A Hit After PNB Fraud; Gitanjali Gems Tanks Over 18%

Similar movement was seen on the NSE as well, where the stock tanked 18.73 per cent to a low of Rs 47.50

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Indian Gold Demand Wanes As Jewellers Expect Import Tax Cut In Budget

The lower import tax could boost India’s gold demand and support global prices that are currently trading near their highest in 17 months

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Gold Plunges Rs 225 On Muted Demand From Jewellers

Silver followed suit and dropped by Rs 450 to Rs 40,000 per kg due to reduced offtake by industrial units and coin makers

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Gold Shines On Global Cues, Jewellers' Buying

Gold prices rose by Rs 90 to Rs 29,190 per 10 grams at the bullion market today on positive global cues and increased buying by local jewellers

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Jewellers Shut Shops For 12th Day After I-T Survey

Gold and jewellery establishments in the national capital remained closed for the 12th day on Tuesday after the Income Tax Department conducted surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of demonetised notes

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Jewellers Temporarily Call Off 42-day Strike After Govt’s Assurance

Jewellery houses remained closed since March 2 after Finance Minister Arun Jaitley in Budget proposed levying 1 per cent excise duty on non-silver jewellery.

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Decoding The PAN Puzzle

While opposing the new norms for quoting PAN numbers in high value transactions, the jewellery industry must also take the lead in evolving a framework for achieving greater transparency that takes into account its unique history, nature of the product and other specific features

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