Gems And Jewellery Industry

India's Gems And Jewellery Exports Fall 38% In July: Trade Body

Business | Reuters | Thursday August 13, 2020

Globally, demand for diamonds has plummeted during the pandemic, freezing sales and squeezing prices

Jewellers Want 5% Import Tax; PAN Card Limit Of Rs 5 Lakh In Budget

Business | Press Trust of India | Tuesday January 24, 2017

All India Gems and Jewellery Trade Federation (GJF), the apex body for domestic gems and jewellery industry, has recomended the Finance Minister to increase the mandatory PAN card limit to Rs 5 lakh and above.

Jewellers Welcome Government Decision On Excise Duty Exemption Limit

Business | Press Trust of India | Thursday July 14, 2016

The government's decision to exempt small scale jewellers from excise duty will give a boost to the trade, the gems and jewellery industry said on Thursday.

Low Wages A Bane For Gems, Jewellery Industry: Report

Business | Press Trust of India | Sunday July 3, 2016

Average salary in India's gems and jewellery industry, at Rs 2.52 lakh per annum, is lower than that of other industries like pharmaceuticals and capital goods, leading to an acute labour shortage in the sector, says a report.

As Strike Continues, Jewellery Industry Fears Losing Out on Festive Cheer

Business | Press Trust of India | Sunday April 3, 2016

With the onset of the festive season, the gems and jewellery industry fears losing out on sizeable sales, with some industry leaders saying continuation of the strike will be a "disaster" for the business.

Jewellery Exporters Discuss Challenges With Finance Minister

Business | Press Trust of India | Thursday January 28, 2016

The diamond industry has requested for introduction of a Special Turnover Tax regime.