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JEWELLERY COMPLIANCE COSTS
Gold jewellery hallmarking fee hiked 67%: GJC seeks BIS review, flags higher cost for lightweight ornamentsThe Bureau of Indian Standards has raised mandatory jewellery hallmarking charges from ₹45 to ₹75 per article, prompting the Gem & Jeweller...
Foreign bank balance may be small, but its value could be much higher: How FAST-DS 2026 values your foreign assetsA foreign bank account with a small closing balance may have a much higher value under FAST-DS 2026. This article explains how different ty...
TBZ surges over 38% in two sessions, extending gains after hitting upper circuit. What's triggering the rally?Tribhovandas Bhimji Zaveri (TBZ) shares surged 38.9% in two sessions as investors reacted to GRT Jewellers’ proposed acquisition of the jew...
TBZ shares zoom 20%, hit upper circuit after GRT Jewellers open offerTBZ shares surged 20% to hit the upper circuit after GRT Jewellers announced an open offer as part of a deal to acquire control of the jewe...
Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...
India's big billion-dollar trade deals are done. Now comes the real testIndia has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the...
Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
Gujarat industry seeks easier access to incentives, lower cost of doing businessIndustry stakeholders say the opportunity for them lies in strengthening the link between its large industrial base and MSMEs while reducin...
Trump's tariffs just went from 12.5% to 10%: Why did India get a breather and what it means?The United States has reduced tariffs on most Indian exports to ten percent. This change follows India's recent actions against forced labo...
Are gifts given to NRIs by relatives taxable? Here's what you need to know about income tax and FEMA rulesNRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian incom...
Son becomes NRI, gifts shares worth Rs 30 lakh to father; should this be disclosed in ITR? What taxpayers must do to avoid tax noticesNRI son gifted Rs 30 lakh shares to his father through an off-market transfer. Should it be reported in ITR? Although a genuine gift of sha...
India-UK FTA takes effect on July 15, but the real test lies beyond tariff cutsIndia-UK FTA success depends on improving competitiveness of Indian manufacturers, say industry experts.
Ram temple donation theft row: SIT finds repeated instances of employees concealing cashA Special Investigation Team found employees allegedly concealing cash during donation counting. Serious security and supervision lapses we...
Budget 2026: Gems & jewellery industry seeks measures to position India as global diamond trading hubThe gem and jewellery sector seeks a significant boost from the Union Budget 2026-27 to counter global headwinds. Experts emphasize policy ...
GST rate for jewellery unchanged at 3% , but industry sees indirect gainsMumbai jewellers are happy with the GST reductions in other sectors. They believe this will help their business indirectly. The GST Council...
Organised jewellery industry to likely see 17% revenue growth in FY26: India RatingsIndia's organised jewellery industry is set to see a 17% revenue growth in FY26 driven by the wedding season and investment demand. Factors...
Gems, jewellery sector urges govt to reduce GST to 1% in upcoming BudgetThe gems and jewellery sector is urging the government for a GST reduction to 1 per cent in the upcoming Budget. With rising gold rates, th...
GJC urges Union Finance Minister to cut GST on gems and jewellery; seek concessions for lab-grown diamondsThe All India Gem & Jewellery Domestic Council (GJC) has requested the Union Finance Minister to reduce GST on gems and jewellery from 3% t...
Jewellery exporters seek clarification on exemption from mandatory hallmarkingGJEPC (Gems and Jewellery Export Promotion Council) said while the hallmarking order excludes exporters, the authorities should explicitly ...
3 per cent GST on gold not likely to cause disruption in jewellery demand: ICRAIn a release issued by ICRA, said that the vernment has announced a 3% tax on gold jewellery in line with the 2%-6% rates indicated earlier...