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Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check detailsGoldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The compan...
Deepa Jewellers, Cotec Healthcare receive Sebi approval for IPOsDeepa Jewellers, a B2B hallmarked gold jewellery processor based in Hyderabad, and Cotec Healthcare, a pharmaceutical CDMO, both received S...
Jewellery stocks take Rs 60,000 crore hit in 3 days on govt's double-blow. Is the worst behind?Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged h...
Jewellery stocks tank up to 9% on PM Modi's remarkGold jewellery stocks plummeted after Prime Minister Modi urged citizens to avoid gold purchases for a year to conserve foreign exchange. W...
Explained: What PM Modi’s comments on deferring gold purchases for 1 year mean for yellow metal investors?Prime Minister Narendra Modi urged Indians to avoid buying gold for the next year, a notable appeal in a country where the metal is deeply ...
Akshaya Tritiya Meets Smart Investing: The Rise of Digital GoldAkshaya Tritiya, a day for prosperity, now embraces digital gold. This modern investment allows easy online gold purchases, offering conven...
Kalyan Jewellers, Titan, and other jewellery stocks tumble up to 6% while MMTC rallies 16%. Here's whyIndian banks have reportedly halted gold and silver import orders, causing jewellery stocks like Kalyan Jewellers and Titan to fall. MMTC, ...
Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029The central government has permitted 15 top banks, including the State Bank of India, HDFC Bank, Bank of India and others to import gol...
Sunil Gold India files draft papers with Sebi to float IPOSunil Gold India Ltd is preparing for its initial public offering. The company plans to raise funds through a combination of new share issu...
India staring at likely gold, diamond shortage after US and Israeli strikes on IranIndia's gold and diamond supplies are at risk. Dubai's airspace closure is disrupting crucial trade routes. This impacts India's position a...
Dubai's top Indian jewellery importer cuts volumes 30% as gold prices soarBafleh Jewellery, a major Middle Eastern importer of Indian jewelry, is adapting to soaring gold prices by shifting towards lighter designs...
DGFT calls for e-commerce boost to transform India into a global leader in gold jewellery exportsThe DGFT urges the Gem & Jewellery Export Promotion Council to promote e-commerce for gold jewellery exports, aiming to position India as a...
India-Australia ECTA seen boosting gems & jewellery trade to $2 billion"By providing preferential access for Indian gems and jewellery exports, the deal also makes it cheaper for Australian retailers to procure...
India secures preferential access for jewellery products in AustraliaCurrently India-Australia has a significant bilateral trade of USD 950 million for gem and jewellery commodities. Key commodities that are ...
Easing of interstate movement norms a boon to gold tradeNow, jewellers have to pay 3 per cent IGST on actual sales and are not required to pay advance tax
20-25% of jewellery sales is through exchange:of gold : Sanjeev Agarwal, Gitanjali Export"There could be instances of a few select specialised manufacturers who still are not registered dealers and we are talking to them to help...
Sale of old gold jewellery will not attract GST on exchangeHowever, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax will apply under reverse charge mechanism.
No GST on sale of old jewellery, cars by individualsSince such sale is not for furtherance of business, no tax will apply. However, GST would apply if an unregistered business sells ornaments...
- Gold importers given export checking job too
The Customs department has made the authorised suppliers of duty-free precious metals sold to jewellery exporters responsible for collectin...