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JEWELLERY TAX NEWS
Gold falls Rs 15,000/10gm, silver slips Rs 45,000/kg in June 2026: Should you invest now or wait for further correction?Gold and silver prices have seen significant drops in June, presenting a buying opportunity for new investors. Existing investors are advis...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
22k gold rate today: Check 24k, 22k, 18k gold prices (June 3, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJAGold prices held steady across major Indian jewellers on June 3, 2026, despite global market jitters. However, the IBJA reported a dip in i...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
'Rich Dad Poor Dad' Robert Kiyosaki warns global economy is about to crash in 2026, but says it will be a good news for those...Robert Kiyosaki's latest warning: As India sharply raises import duty on gold and silver to 15%, precious metal prices are surging — and no...
22k gold rate today: Check 24k, 22k, 18k gold prices (April 17, 2026) in New Delhi, Mumbai, Bengaluru and other cities22k gold rate today: Gold prices saw a slight decrease across major jewellers on Friday, April 17, 2026, ahead of Akshaya Tritiya. This dip...
22k gold rate today: Check 22K, 24K gold prices (April 6, 2026) on Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and IBJAGold prices saw a dip on April 6, 2026. This decline occurred as the Iran-Israel conflict continued and Iran stated no plans to reopen the ...
Gold holding above 100g: Can it be seized by income tax department if you don’t have right papers? Check varying limits for men and womenIndia has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold ...
Do you need to pay tax on inherited gold jewellery? CAs explain when you mayIn India, inheriting gold jewellery is tax-free, but selling it incurs capital gains tax on the earnings. The tax is determined based on th...
Jewellery stocks rise up to 9% as Budget 2025 reduces tariff duty to 20%Jewellery stocks surged up to 9% after the Union Budget 2025 reduced tariff duties from 25% to 20%. Analysts expect this move to boost dome...
Budget 2024: Export tax relief, and import duty cut on gold among top demands from industryThe gems and jewellery sector eagerly awaits Union Budget 2024, anticipating tax reductions on exports to enhance demand for Indian-made go...
Jewellers get GST shine, Titan seen gaining the mostIn the quarter ended March 2017, Titan reported a 7.4% increase in net profit.
Jewellers say Budget will boost sector, drive consumptionAll India Gems and Jewellery Trade Federation (GJF) Chairman Nitin Khandelwal opined no new tax proposals is a positive move for the sector.
Budget 2014: Gem and jewellery industry show mixed responseThe gem and jewellery industry is upset over finance minister Arun Jaitley’s decision to continue with 10% import duty on gold in the budge...
- Central Board of Excise and Customs denies rolling back excise duty on unbranded jewellery
CBEC has ruled out any roll-back of excise duty on unbranded jewellery proposed in the Union Budget for 2012-13.
- Budget 2012: Jewellers say non-branded gold to cost more
Besides price rise, leading jewellers are of the view that the move would encourage consumers to purchase gold without receipts.
Budget 2012: This Budget is not a great friend of Indian consumerUnbranded gold jewellery will attract a 1% ad valorem excise duty, putting it in the same bracket as its branded counterpart.
- Budget 2012: Wait and watch budget for retail sector, says Ernst & Young India
On customs duty front, removal of education cess on CVD component of customs duty will result in reduction in effective rate of customs dut...
Union Budget 2012: Jewellers demand simple tax regime, abolition of gold ETFsVarious jewellery bodies have demanded a simplified tax regime and abolition of gold ETFs to lure customers in buying the precious metal.
Budget 2012: Jewellers body seeks abolition of gold ETFsGJF in its Budget 2012 suggestion asked for increasing the limit of gold buying to Rs 25 lakh from present Rs 5 lakh which would require fu...