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POLISH FINANCE MINISTRY
NATO fund targets drone defence technologies as Russia-Ukraine war reshapes prioritiesNATO's defence technology priorities have shifted towards meet what it deems to be capability gaps in counter-drone systems and space-based...- India to assume chair of Kimberly Process from Jan 1 for third timeIndia will lead the Kimberley Process, a global initiative against conflict diamonds, for the third time starting January 1. This marks a s...
- Jewellery exporters seek gem of a packageIndian gem and jewellery exporters are seeking a bailout package due to Trump's 50% tariffs on Indian goods, impacting a key market. The in...
- India imposes 20% export duty on riceAs per a release by the Department of revenue ,under the Ministry of Finance, the 20 per cent levy will be levied on export of rice in the ...
- Both trade & finance ministries back duty cuts: Commerce secretary BVR SubrahmanyamBudget 2022-23 has reduced customs duties on chemicals that will enable exports while rationalised duties for the electronics sector would ...
- Commerce ministry writes to finmin seeking restoration of duty free import of export inputsSources said that the finance ministry is considering the request put forward by the commerce department but no decision has been taken yet.
- Plea to roll back basic import duty on rough stonesBudget 2020 raised the BCD on rough coloured gemstones to 0.5 per cent from nil.
- India to work with global players for ‘conflict-free’ diamond tradeThe country has a unique position in between producers of rough diamonds and consumers of cut and polished diamonds.
- No more conflict: India to broker 'peace' among diamondsAs chair of Kimberley Process Certification Scheme, India will try to prevent illegal acquisition of stones.
- Poland to partner India for one of world's biggest coal blocksPoland is a world leader in the mining sector and can offer complex solutions and the most modern technologies in the field of underground ...
- India participates in European Economic Congress in Poland to enhance Eastern European outreachThe aim of the event was to provide an increased impetus to foreign investments in Poland and the wider CEE region, and to foster closer co...
- Will India’s diamond cutting operations shift to Israel, Belgium?India is the world’s largest cutting and polishing centre of rough diamonds, and it is said that 14 out of every 15 rough diamonds in the w...
- Banks under PCA cautious of funding to diamond unitsTraders worry about access to fund flows to small and medium diamond units
- World's first diamond futures exchange starts trading in IndiaIndian diamond cutters polish about 14 of every 15 of the world’s gems.
- Budget 2016: Government may look at tax benefits for diamond sector in special notified zoneAlthough 90 per cent of the global diamonds are polished in India, they go back to countries like Belgium as there are no trading facilitie...
- RBI, govt taking measures to tame rupee fallThe finance ministry has said that RBI and govt are taking steps to arrest fall of the rupee which touched a historic low of 57.30 to dolla...
- GJEPC to seek tax exemptions for jewellery purchases by womenGJEPC said it will make a case for seeking tax exemptions for working women on jewellery purchases to encourage demand in the domestic mark...
- RBI reduces term of letters of credit opened for import of diamondsIndia is the world’s largest polishing centre for rough diamonds. Rough diamonds are imported into the country, cut and polished, to be re-...
- Govt may scrap duty on polished diamonds, gemstonesThe sparkle of the gems & jewellery segment could get brighter soon. The government is considering a proposal to scrap the 5% basic customs...
- FM to outsource jobs to speed up tax dues recoveryIn a bid to hasten the recovery of taxes dues, the Finance Ministry has decided to outsource some of the jobs like valuation and auction of...
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