jewellery

Markets across all the sectors have been affected due to the increasing number of COVID-19 cases, each passing day. Like others, India’s jewellery industry has also been one of the impacted sectors because of the outbreak and there will...

The jewellery industry which is going through a slowdown in consumption demand amid the pandemic would require digital strategies for its growth post the COVID-19 crisis, according to a report by the World Gold Council. The report noted that although...

Cash purchases of jewellery will attract 1 per cent TCS (tax collected at source) from April 1 if the amount exceeds Rs 2 lakh, as against the current threshold of Rs 5 lakh. According to a PTI report: Once the...

Gold and jewellery establishments in the national capital remained closed for the 12th day today after the Income Tax Department conducted surveys following reports of alleged profiteering and tax evasion by traders and other operators in reported conversion of...

Online jewellery retailer BlueStone.com has launched a wide range of gold and diamond jewellery on Myntra to reach and serve a wider spectrum of customers across the country. Available on Myntra would be a large collection of about 2500 designs,...

Ratan Tata-backed BlueStone.com will invest Rs 40 crore on marketing over the next 12 months as it looks to expand in the nascent-yet burgeoning online jewellery market in India. As reported by PTI: The company, which introduced new facilities like...

Apex industry body ASSOCHAM has urged the government to extend incentives like interest subvention, Merchandise Exports from India Scheme (MEIS) and others to promote gems and jewellery (G&J) exports that have been marred by global slowdown thereby putting at...

Jaipur-based fashion jewellery retailer Voylla is all set to hit the international markets with five shop-in-shop outlets across malls in Dubai, Ras al-Khaimah, and Abu Dhabi, with an aim to establish itself as an international brand. After UAE, it plans to have...

The Narendra Modi-led NDA Government on Tuesday rolled back its Budgetary decision to impose 1 per cent tax collection at source (TCS) on cash purchase of gold jewellery worth Rs 2 lakh. The threshold is now been raised to the earlier Rs...

The gems and jewellery industry plays an important part in the Indian economy, constituting almost 5–6 per cent of the overall GDP. Today, the overall market stands at Rs. 4,50,000 crore of which the domestic market is estimated at...