Internet of Things Revolutionizes Warehouse Management with
Dublin, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The
Source: globenewswire.com
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Budget 2024 expectations: GJEPC urges for duty cuts on gold and polished diamonds
Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds
Source: livemint.com
2024 Dubbed "The Year of Benefits Automation" for the Insurance Industry with API Technology Adoption Taking Center Stage
/PRNewswire/ -- This year, more insurance carriers will improve their operations through automation including the adoption of API-enabled technology, according...
Source: prnewswire.com
Budget 2024 Wishlist: Gem & Jewellery Sector Urges For Duty Cuts On Gold, Cut & Polished Diamonds
The leading industry association indicated that the imposition of elevated import duties on cut and polished gemstones could result in decreased exports and fewer job opportunities within the jewellery sector.
Source: news18.com
Budget 2024: Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds
GJEPC urges govt to reduce import duty on gold and diamonds ahead of Union Budget. They seek a reduction in import duty on precious metals to 4% and on cut & polished diamonds to 2.5%. GJEPC also demands the reintroduction of the Diamond Imprest Licence and the sale of rough diamonds in Special Notified Zones (SNZs), and expansion of SNZs to include globally recognized diamond broking and trading houses. Furthermore, they recommend the introduction of a mechanism similar to GST refund to maximize benefits from the India-UAE CEPA.
Source: indiatimes.com