The move to put the gems and jewellery sector under the PMLA's purview, is part of steps to stop misuse and laundering of money by the sector.
26 days ago
Import growth could taper off in coming months as jewellers restocked earlier than usual this year, fearing higher taxes.
Aug 13, 2017
On Saturday, gold and silver prices drifted lower in Delhi bullion market.
Aug 5, 2017
As against the world average of 8 percent, the demand for gold jewellery in India shot up 41 percent in June quarter, the WGC says.
Aug 3, 2017
The Centre's clarification comes after an initial statement that sale of old gold jewellery will be subject to 3 percent GST.
Jul 14, 2017
Gold imports rose 131.7 percent to $18.49 billion between January and May this year as against $7.98 billion, YoY.
Jun 16, 2017
Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.
Jun 11, 2017
Traders note that business typically comes down in June. Traders are overstocked currently, and the market is likely to trade in discount over the next few days
Jun 8, 2017
The 15th Goods and Services (GST) Council meeting on Saturday finalised tax rates on gold, biscuits, diamond, footwear and garments.
Jun 3, 2017
Gold fell to its lowest in a week after upbeat US private sector job figures seemed to boost the odds for an increase in the interest rate this month.
Jun 2, 2017
In Q1, demand for gold jewellery in India was 92.3 tonnes in comparison to 22.9 tonnes in the US, according to WGC data.
May 31, 2017
The Goods and Services Tax (GST) Council will be deciding on fixing rate on gold at its meeting on June 3. Pratap Kamath, Bengaluru-based jeweller and founder-member of All India Gems and Jewellery Trade Federation shares his views.
May 29, 2017
To execute the two-way collaboration, students from the institute will intern at the jewellery company, which will showcase their designs.
May 27, 2017
For the January to March quarter this year, gold demand in India was 123.5 tonnes, according to the World Gold Council (WGC).
May 4, 2017
Gold price hovered around Rs 29,000 per 10 gram for 24-carat purity in the national capital on Friday.
Apr 28, 2017