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JEWELLERS
Three years after notebandi, ‘corrupt’ jewellers face heat
Armed with data, tax authorities have cracked the whip on jewellers who made huge cash deposits post demonetisation in 2016 but could not explain how they generated so much money when they were showing low income in their tax returns.
Jewellers want cut in import duty of gold and in income tax in Budget 2020
Jewellers are expecting a reduction in import duty of gold and a c...
Finance Ministry launches probe into unaccounted cash deposits by jewellers during demonetisation
In one case from Gujarat, a jeweller deposi...
Hallmarking now a must for gold jewellers
The rule is mandatory from today but jewellers get a year's time to register with BIS, clear their old stock.
J-K a 'jewel' of country, Centre will soon come out with industrial package for UT: Goyal
Goyal was in Jammu as part a week-long public outreach programme initiated by the Centre to apprise people of the potential benefits of the revocation of Jammu and Kashmir's special status after nullification of Article 370 of the Constitution.
Anti evasion wing of Mumbai Central GST busts major illegal gold movement channel
“The customs and GST officials have raised their drive to curb evasion of import duty or of the GST,” said a government official speaking on anonymity. India imports 700-800 tonnes of gold on average each year. After the UPA government raised the duty in stages from 2% to 10% in 2013 to check a ballooning current account deficit, smuggling reared its head.
Francesca Cartier to appear at Jaipur Lit Fest, will share family tales
Francesca’s grandfather was the last of the family to manage and own a branch of the jewellery firm.
S&P 500 crosses 3,300 on Morgan Stanley earnings, tech rally
Morgan Stanley's shares jumped 5.6% after the Wall Street bank beat fourth-quarter profit estimates and raised its performance goals, wrapping up earnings of big U.S. lenders on a strong note.
At SoftBank’s jewel, Oyo, a ‘toxic’ culture and troubling incidents
The company expects to lose money through at least 2021, and efforts to expand in Japan have flopped.
Why your neighbourhood jeweller is going out of business
As India is bringing in structural changes, the Rs 3 lakh cr gold jewellery biz is seeing a transition.
Diamantaires, jewellers may get dollarised credit limits
The move will help these borrowers shield themselves from fluctuations in the dollar-rupee exchange rate.
Share market update: Trident, PC Jeweller among top losers on BSE
In the Nifty pack, 42 stocks were in the green, while 8 stocks were in the red.
Share market update: PC Jeweller, Trident among top gainers on BSE
Among the 50 components in the Nifty index, 34 shares were trading in the green, while 15 were in the red.
CBI accuses Mumbai jeweller of causing Rs 568 cr loss to banks
The CBI has registered a case against Mumbai-based P&S Jewellery and three of its directors, one of them a former director of All India Gem & Jewellery Domestic Council, for allegedly causing a Rs 568 cr loss to a consortium of eight banks including SBI, Union Bank, BoB, Andhra Bank, Vijaya Bank, Central Bank of India, Canara Bank & Syndicate Bank .
Jewellers want more hallmarking centres to be set up
There are 860 hallmarking centres in the country. Each of these centres can handle 2000 pieces of gold jewellery per day. In FY19, around 450 tonnes of gold were hallmarked. India annually consumes 1000 tonnes of gold.
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