As 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 ...

Budget 2022-23 has reduced customs duties on chemicals that will enable exports while rationalised duties for the electronics sector would ...

Sources said that the finance ministry is considering the request put forward by the commerce department but no decision has been taken yet.

Budget 2020 raised the BCD on rough coloured gemstones to 0.5 per cent from nil.

The country has a unique position in between producers of rough diamonds and consumers of cut and polished diamonds.

As chair of Kimberley Process Certification Scheme, India will try to prevent illegal acquisition of stones.

Poland is a world leader in the mining sector and can offer complex solutions and the most modern technologies in the field of underground ...

The 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...

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...

Traders worry about access to fund flows to small and medium diamond units

Indian diamond cutters polish about 14 of every 15 of the world’s gems.

Although 90 per cent of the global diamonds are polished in India, they go back to countries like Belgium as there are no trading facilitie...

The 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 said it will make a case for seeking tax exemptions for working women on jewellery purchases to encourage demand in the domestic mark...

India is the world’s largest polishing centre for rough diamonds. Rough diamonds are imported into the country, cut and polished, to be re-...

The sparkle of the gems & jewellery segment could get brighter soon. The government is considering a proposal to scrap the 5% basic customs...

In 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...