A jewellery shop owner in Karol Bagh asserts that higher GST will force the jewellers to resort to tax evasion and black marketing
The gems and jewellery industry in the country wants the government to reduce the proposed 4% Goods and Service Tax (GST) for gems and jewellery sector to 1.25%, if the latter wants the entire industry to be "organised and compliant".
On Oct. 7, an executive order officially lifted the 8-year-old ban on Burmese rubies and jade entering the United States.
President Obama first announced his intention to end the blockade against gems from Myanmar (the former Burma) during a Sept. 14 meeting with the country’s leader, Daw Aung San Suu Kyi.
Highlighting the exquisite brilliance of a diamond, Forevermark India presents a jewellery collection that will trend as the cocktail pieces this wedding season. This delicate-yet-playful collection, coined as the Pink Haze, shines with Forevermark diamonds encased in magical rose gold.
This is to state that India Bullion and Jewellers Association Ltd. (IBJA) does not support the “Akrosh Divas” (BHARAT BANDH call) on 28th November, 2016.. Mukesh Mehta, National President of IBJA expressed his deep concerns on the strike. Mehta stated that IBJA is in complete support of the Government for curbing black money in the Country.
Johri By Amaze Jewels has launched a new collection that expresses the new jewellery trends for the year 2017. The collection entitled Bejewelled 2017, welcomes the new year in classic sophisticated motifs and modern styles fusing rose, yellow and white gold with diamonds and precious stones.
Dubai declares duty on jewellery at 5% from which will come in to effect from 1st Jan 2017. The duty imposed will be on all kinds of jewellery like gold, diamonds, studded, coloured stones, platinum etc.
Gold buying in India during the key December quarter is likely to fall to the lowest level in eight years, hurt by poor investment demand and back-to-back droughts that have slashed earnings for the country's millions of farmers.
The Leading Jewellers of the World (LJOW) with affiliated brands such as Nakshatra, Gili, Asmi, Sangini, Nirvana etc. has introduced bridal jewellery collections across all its diamond jewellery brands with exclusive designs that will help you shine during the forthcoming wedding season. In addition, LJOW has also launched the ‘Shubh Vivaaha’ offer with upto 25 per cent discount on purchases during the season and this exciting bridal incentive is valid till December 31, 2016.
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