Chandigarh: Two thieves broke into a temple in Sector 8 and stole silver jewellery worth around Rs1 lakh and cash from a donation box on the intervening night of June 3 and 4. The thieves entered the temple from the rear side after breaking grills. A CCTV grab of the thieves. Manoj Mahajan Ayodhya Shastri, … Read More →
Gold jewellery and cash were stolen from the house of a property dealer on the intervening night between Tuesday and Wednesday. Rupinder Pal Singh, 64, complained to the police that they slept on Tuesday night without locking the back gate of the house. When they woke up on Wednesday, they found someone had stolen money, … Read More →
Mumbai: On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought a reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied … Read More →
On the onset of the Union Budgetfor 2019-20, the gems and jewellery sector has unanimously sought reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied to curb current … Read More →
In a move that aims to set the ball rolling for implementing a comprehensive gold policy, the government has formed a working group to set up a domestic council for the gems and jewellery sector.The group is headed by the joint secretary of the ministry of commerce, Manoj Kumar Dwivedi. “The group has participation from all … Read More →
Silk fibres have been exempted under GST. (File Photo) GUWAHATI: Five years ago, Lekha Goswami left her plum corporate job to follow her passion – designing traditional clothes and started a one-room Assamese ethnic-wear boutique. Off late, the 37-year-old has been anxiously spending inordinate amounts of time reading up on the recently launched GST – … Read More →
The GST (goods and services tax) rate on gold jewellery is fixed at 3%. While it is higher than the earlier tax on gold, the GST rate is lower than expectations of a 5% rate and that is a relief. GST implementation is expected to be positive for jewellery companies in the organized market such … Read More →