While announcements for gold seemed positive, the industry mourns the Government’s decision to increase customs duty to 5 per cent on polished diamonds as well as gemstones.

Policy changes last year created a lot of upheavals in the Indian gems and jewellery
industry. A good medicine tastes bitter; likewise, the policies may have caused
a short-term mayhem in the industry, however, the gradual transition with GST is
meant to do good in the long term. It’s definitely a move towards more transparent
and organized way of doing business. By Kavita Parab

It’s been a year since the demonetization decided to implement demonetization. Hers’s a look at what worked and what didn’t.

Being known as the ‘most trusted jeweller’ in Maharashtra didn’t come easy to Baramati-based
Chandukaka Saraf & Sons Pvt. Ltd. It has been years of hard work and dedication to their craft that has earned them this label. Kavita Parab takes you through this over a century old brand and their recently launched flagship in Pune.

GJF  COA installation ceremony was graced by Ajay Sancheti, Hon. Member of Parliament (Rajya Sabha) and Dr. Vedprakash Mishra.

Income tax for small companies with an annual turnover of Rs 50 crore, now to pay 25%, a 5% reduction; 96% Indian companies will get benefit of MSME tax cut.

The seminar was, especially organised for the non-members of the Council who are doing business in an unorganised manner, but have played a significant role by contributing to the success of the “Make in India” initiative.

The Indian gems and jewellery industry is hoping that the forthcoming budget would be more industryfriendly,which would lead to further growth of the industry. Kavita Parab spoke to few industry playersto know their views on the forthcoming budget.

Key growth segments include fine dining, electronics, luxury travel, personal care, jewellery and luxury cars

Sreedhar GV, Chairman, All India Gems & Jewellery Trade Federation (“GJF”) Statement on move to encourage jewellers to go cashless