An employee of a jewellery shop in Karol Bagh allegedly made away with over 2kg of gold items last week, said the police. An employee of a jewellery shop in Karol Bagh allegedly made away with over 2kg of gold items last week, said the police. The suspect, Vibhash Mandal, who belongs to West Bengal, … Read More →
Last year, sales were affected by a jewellers’ strike first and later by the demonetisation. Photo: Priyanka Parashar/Mint LATEST NEWS » Facebook must be prepared for the next election Grasim, Arvind line up new investments in Gujarat Congress expects to gain back its vote share in Andhra’s 2019 assembly polls Congress sharpens attack on BJP … Read More →
It seems the government has accidentally given access to a route which can be exploited to escape tax in the GST regime. Photo: Priyanka Parashar/Mint LATEST NEWS » Trai questions third-party right over user-generated data Govt body asks banks in Karnataka to ensure all staff learn Kannada No GST on tickets of films shot 50% … Read More →
Legislators on Monday ditched their glamorous gowns to comply with the dress code on the invitation to President Rodrigo Duterte’s second State of the Nation Address (Sona): “Filipiniana or business attire.” Purple, gold and Muslim-inspired patterns ruled the fashion parade of guests, after many conformed with earlier suggestions to wear Mindanao-sourced patterns as an act … Read More →
The clarification will provide relief to individuals selling old gold jewellery to jewellers and buying new ornaments from the consideration received. NEW DELHI: The sale of old gold by individuals for a consideration won’t attract the goods and services tax, the finance ministry clarified, providing respite to people who exchange jewellery. “Even though the sale of old gold by … Read More →
Gold jewellery exports from India have come to a grinding halt the past two weeks due to non-availability of the metal for fabrication. Trade sources said banks and nominated agencies responsible for bullion import have halted the entry of gold since implementation of the Goods and Services Tax (GST) effective July 1. They fear the government’s decision to levy … Read More →
The gold jewellery demand is expected to grow by nine percent in value during calender year (CY) 2017, following rapid formalisation of the sector, ICRA said in a report. “The gold jewellery demand is expected to grow by nine percent in values and six percent in volumes during CY 2017,” rating agency ICRA said in … Read More →