To combat the soaring gold price, jewellery companies have come up with innovative strategies to protect gold from volatile fluctuations. In a bid to help their customers combat unwanted gold rate fluctuations, various jewellery brands have introduced different innovative ideas that aim at gold rate protection plan. Under this plan, customers can book their jewellery … Read More →
In what could be a huge relief for jewellery and diamond processing industry before India’s biggest tax reform kicks in from July 1, the Goods and Service Tax (GST) Council reduced the applicable rate on making charges from 18 per cent to just 5 per cent. “The GST Council has received 133 representations. An officers’ … Read More →
The gems and jewellery industry on Saturday welcomed the Centre’s decision to keep the goods and services tax rates (GST) for gold at 3 per cent, which is almost in the same range being levied by most of the states at present. While most of the states have been levying between 2-2.5 percent tax on … Read More →