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Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...- Amid PM Modi's 'no gold buy' appeal, a scheme that planned mobilisation of idle gold at homes gets spotlightThe gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mo...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJCThe gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leader...
- RBI rejects NBFC pleas on funds, norms tighteningThe Reserve Bank of India has rejected several suggestions from Non-Banking Finance Companies. Equity investments in group entities will no...
- GJC pushes RBI for revamped Gold Monetisation SchemeThe Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...
- GJC asks India's gems & jewellery industry to cease business dealings with Turkey, AzerbaijanThe All India Gem and Jewellery Domestic Council (GJC) has urged the Indian gems and jewellery industry to halt business dealings with Turk...
- 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...
- Maharashtra: GJC urges members for proper documentation of gems & jewellery to avoid poll-related hasslesAll India Gem and Jewellery Domestic Council (GJC) has advised its members to ensure proper documentation for smooth movement of goods duri...
- GJC against ban on import of rough diamondThe All India Gem and Jewellery Domestic Council (GJC) is against banning the import of rough natural diamonds until December 15, as it cou...
- Jewellers urge FM to reduce GST rate, increase PAN card limit to Rs 5 lakh in Budget 2022GJC has urged FM to raise the PAN card limit from Rs 2 lakh to Rs 5 lakh citing that many households in rural India do not hold PAN cards a...
- BSE, GJC sign MoU on commodities, EGR marketThe MoU between both entities will also explore potential business and facilitate growth by sharing knowledge and expertise to promote the ...
- BIS website, FAQs don't reflect key points on hallmarking: GJC writes to Piyush GoyalIn this regard, the industry body has written to Union Minister for Consumer Affairs Piyush Goyal stating that the FAQs (frequently asked q...
- Jewellers welcome govt decision to implement hallmarking in phasesGJC has urged all jewellers to get themselves registered with the Bureau of Indian Standards (BIS).
- Government urged to extend deadline for mandatory hallmarking of jewellery by one yearGJC said that according to the recent data taken from the BIS website, there are 940 assaying and hallmarking (A&H) centres spread in 245 d...
- GJC appoints Ashish Pethe as chairman and Saiyam Mehra as vice chairmanThe board also appointed Saiyam Mehra as the vice chairman. He said "There is a need for the industry to become more organized and complian...
- GJC says govt needs to address issues for smooth implementation of mandatory gold hallmarking"We have always been supportive of mandatory hallmarking and it will help in making the industry organised, compliant and will improve the ...
- GJC seeks reduction in gold import duty in the upcoming Union budgetMr. Shaankar Sen, Vice Chairman, GJC, said, “The high import duty on Gold has increased socio-economic menace in the country in the form of...
- GJC delegation meets Election Commission, discusses harassment incidentsIt has been reported that during a transit of jewellery at Coimbatore, the administrative authorities seized the jewellery.
- GJC not part of working group for gems councilGJC’s website says that it represents “interests of over three lakh gem and jewellery business” from across the country.
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