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The surge in gold prices in India has led to a shift in the jewellery industry towards using lower cartage yellow metal like 14-carat gold to make diamond jewellery more affordable for customers. This move aims to counter the impact of the rising gold prices on the demand for diamond jewellery in the domestic market. ....
Gold Findings can be melted and recast into any form of gold jewellery thereby giving 3.7 per cent tax benefit since it is taxed at 11.3 per cent compared to importing gold at 15 per cent, , Gold Findings, india, imports, Tax Bonanza, Indian jewellers ....
Offshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough diamonds were mined in Russia. The Office of Foreign Assets Control (OFAC) singled out UAE subsidiaries of Indian jewellers it claims have connected suppliers with Russian investors. ....
Mumbai (Maharashtra) [India], August 9 (ANI/NewsVoir): After a COVID-break of two consecutive years, the 17th edition of FURA Retail Jeweller India Awards 2022 (RJIA), recognized as the Oscars of India s retail jewellery industry, in association with Solitaire Gemological Laboratories (SGL), India, Ithra Dubai, UAE and Omaxe Ltd., New Delhi, was held on August 6, 2022, at The Grand Hyatt in Santacruz. ....