Indian April gold imports fall to near 30-year low as tax demand hits shipmentsIndia’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...
30 Apr, 2026, 06.06 PM IST
Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
24 Apr, 2026, 03.38 PM IST
Gold taxation explained: Physical vs ETF vs SGB vs inherited goldIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
16 Feb, 2026, 06.30 AM IST
China cuts gold tax exemption for some retailers which may curb buyingChina has ended a tax exemption on gold sold to some buyers from exchanges, lowering it from 13% to 6% starting November 1. This policy cha...
03 Nov, 2025, 03.27 PM IST
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...
04 Sep, 2025, 02.49 PM IST
What I want from Budget 2020: Reduction in import duty on gold; single-window process to simplify approvals for new businessesMelorra boss Saroja Yeramilli wants the FM to extend exemption from Capital Gain to the gems and jewellery sector.
16 Jan, 2020, 06.00 PM IST
Government should reconsider GST on rough diamonds: GJEPC"It is difficult for gems and jewellery exporters to pay 0.25 per cent and then initiate process for refunds, etc," GJEPC Chairman Praveens...
05 Jun, 2017, 08.54 PM IST
No change in gold seizure norms in proposed I-T Law amendmentsThe proposed amendments also do not seek to tax inherited gold and jewellery, as also those items that are purchased through disclosed or a...
02 Dec, 2016, 11.49 AM IST
- GJEPC seeks exemption from gem and jewellery exports, 1.25% GST rate for local transactions
In the representation, GJEPC has mentioned that all transactions, whether direct or indirect, for exports, should continue not to be taxed ...
19 Oct, 2016, 04.33 PM IST
Government refuses recall of 1% excise duty on jewelleryAsserting that there was absolutely no harassment of artisans, Jaitley said corporate jewellers with upto Rs 12 crore turnover last year ca...
28 Apr, 2016, 06.15 PM IST
Jewellers over Rs 12 crore turnover liable for 1% excise: Finance MinistryAs jewellery shops across India remained shut for a third day to oppose levy of excise duty, the government today went into damage control.
04 Mar, 2016, 05.51 PM IST
Jewellery sector contributes to black money: CBEC chiefCBEC today said the sector contributes to generation of black money and needs to be brought under the tax ambit.
03 Mar, 2016, 03.28 PM IST
Jewellery stocks take an excise hit, slumpShares of jewellery makers slumped as much as 4 per cent on Monday after the finance minister imposed a 1 per cent excise duty on jewellery...
29 Feb, 2016, 06.04 PM IST
- GJEPC to seek tax exemptions for jewellery purchases by women
GJEPC said it will make a case for seeking tax exemptions for working women on jewellery purchases to encourage demand in the domestic mark...
02 May, 2012, 04.26 PM IST
- Government to look into jewellers' demands at appropriate time
The government said it at an appropriate time will look into jewellers' demand, including roll back of excise duty on unbranded jewellery.
27 Apr, 2012, 08.49 PM IST
- Have you filed your wealth tax returns?
Every individual, who has wealth exceeding Rs 15 lakh, is required to pay wealth tax as well as file a return of wealth tax. Now, globetrot...
24 Oct, 2007, 01.30 PM IST
- Have you filed your wealth tax returns?
Are you aware that apart from your income tax returns, you may also be required to file wealth tax returns?
23 Oct, 2007, 07.38 AM IST