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PLATINUM CUSTOMS DUTY
Gold, silver, platinum duty earns govt Rs 10,463 crore since May 13Government collected Rs 10,463 crore in customs duty on precious metal imports. Gold imports generated Rs 10,040 crore, while silver and pl...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsA word of caution for all those who have exposure to mid cap stocks or are planning to increase it. Just keep one thing in mind: If there i...
Kalyan Jewellers slips 3% as Q1 margin pressure overshadows 32% jump in net profitKalyan Jewellers shares fell 3% after its June-quarter results highlighted margin pressure despite strong earnings growth. Consolidated net...
BlueStone Jewellery shares soar 29% in 2 days after stellar Q1 show. Should you buy, sell or hold the stock?BlueStone Jewellery shares have surged nearly 29% in two sessions after the company swung to profit in Q1 FY27 and delivered strong revenue...
India-UK FTA: Kolkata flags off first jewellery export consignment to UK under CETAKolkata dispatched its first jewellery export to the United Kingdom under the India-UK CETA. This marks the city's entry into the first nat...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the stock market, everything has to be seen in context. Look at how the market was disappointed because crude oil prices inched up and c...
Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...
India raises gold import duty back to 15%: What’s behind the moveIndia has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign ex...
India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
DGFT notification on precious metal trade ensures consistency between customs duties and import regulations: GTRIThe DGFT has issued a notification aligning import regulations with the Union Budget 2025, targeting precious metals. This aims to eliminat...
Jewellery to get cheaper as customs duty reduced on jewellery and parts: Budget 2025Budget 2025: Customs tariff under first schedule to the customs tariff act, 1975 has been reduced to 20% on HSN code 7113 (jewellery and pa...
India's duty cut halts concessionary silver, platinum imports from UAEIndia has ended its silver and platinum imports from the UAE due to removal of concessionary duties, as per a recent trade agreement. The c...
Seven wonders from Union Budget that will cheer the Indian consumersBudget: The recent budget announced by Finance Minister Nirmala Sitharaman brings significant relief to consumers by lowering customs dutie...
Budget 2o24: What's cheaper and what's costlier? Here's the listUnion Budget 2024 Cheaper Costlier List: Finance Minister Nirmala Sitharaman announced customs duty cuts on gold, silver, platinum, and oth...
India's four-week platinum imports surpass 2023 total as gold shown as platinumIndia's platinum imports surged in June as dealers exploited a loophole by registering gold alloys as platinum to avoid higher duties. This...
Govt announces hike in basic customs duty on silver to 10 pc to check importsThe government on Wednesday announced increasing the basic customs duty on silver, both in dore and semi-manufactured form, to 10 per cent ...
Finance Minister Nirmala Sitharaman announces rejig in customs duty, details hereWith promotion of exports and enhancement of domestic manufacturing in focus, Finance Minister Nirmala Sitharaman on Wednesday announced a ...
- India raises import duty on platinum to 15.4%
In July, New Delhi raised import duty on gold to 15% but then kept the tax on platinum imports unchanged at 10.75%.
Taking advantage of loophole, traders importing refined gold as platinum alloyNearly 22 tonnes of gold have been imported through this route, industry sources said, adding that it was causing a revenue loss of more th...
- Sterlite evaded duty in export of copper waste: Customs
Customs department on Saturday charged Sterlite Industries with evasion of duty to the tune of several crores in export of copper waste.