India’s move to plug suspected losses in tax revenue through Mauritius, a top source of foreign investments into the country, has not sent financial markets into a tailspin as it would have just a few years ago. But while markets took the move in their stride, analysts warn India is likely to expand its crackdown … Read More →
India’s Gem & Jewellery Export Promotion Council (GJEPC) recently called on the government to withdraw the 1 percent excise duty on jewellery – excluding plain silver jewellery – in the 2016-2017 Union Budget. In a press release, the council said GJEPC Chairman Praveenshankar Pandya has already approached the government to initiate meetings with officials from … Read More →