All India Gems And Jewellery Trade Federation
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Dhanteras 2018: Gold Sales Subdued Amid High Prices
Dhanteras 2018: Most buyers are restricting their purchase to tokens as gold prices are ruling high over Rs 32,000 per ten grams, says All India Gems and Jewellery Trade Federation (GJF) Chairman Nitin Khandelwal.
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Jewellers Want 5% Import Tax; PAN Card Limit Of Rs 5 Lakh In Budget
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.
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Jewellers Urged To Go Cashless To Support Demonetisation
The lobby group has also urged the government to provide specialconsideration on cashless purchase of jewellery and to removeexisting restrictive measures on cashless jewellery buying,
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Jewellers Claim 85-90% Dip In Domestic Business, Exports Unaffected
Many jewellers estimate an 85-90 per cent dip in business post-demonetisation -- but exports have been unaffected.
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Gold Next In PM Modi's Fight Against Black Money? Rumours Spook Traders
The All India Gems and Jewelry Trade Federation dismissed the messages among traders as a rumour, but some are nevertheless buying extra gold for the wedding season and to see themselves through the next few months, said an official with the India Bullion And Jewelers Association.
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This Dhanteras, Jewellery Sales To Rise 25%, Say Experts
Gems and jewellery retailers are expecting around 25 per cent growth in sales during Dhanteras.
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Why Gold Jewellers Are Not Too Hopeful On Akshaya Tritiya Sales
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
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Jewellers' Strike Enters 9th Day, Loss Pegged at Rs 60,000 Crore
India's jewellery sector is estimated to have incurred a revenue loss of over Rs 60,000 crore due to an ongoing indefinite strike that entered the ninth day on Wednesday, according to an industry body.
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Jewellers Extend Pan-India Strike Till March 7
Jewellers, protesting throughout the country against the government proposal to re-impose 1 per cent excise duty, have decided to extend their strike till March 7, industry body, All India Gems and Jewellery Trade Federation (GJF) said today.
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Jewellers Unhappy Over Mandatory PAN on Purchase of Rs 2 Lakh
The All India Gems and Jewellery Trade Federation (GJF) on Wednesday expressed dissatisfaction over the government's decision to make PAN card mandatory on any transaction of Rs 2 lakh and above.
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Industry Hails Gold Monetisation & Sovereign Gold Bond Schemes
All India Gems and Jewellery Trade Federation (GJF) former director Bachhraj Bamalwa opined that it is a positive step for the jewellery industry, which will not only benefit the jewellers but also the consumer and the government.
-
Easing Gold Curbs Unlikely to Mean Import Surge: Report
Struggling with a high trade deficit, India last year imposed a record 10 per cent import duty on gold and the so-called 80-20 rule to limit purchases. Bullion is the second-biggest item on India's import bill after oil.
-
Trade Body Asks Members to Curb Sales of Gold Coins and Bars
India, the world's second-largest gold buyer, is likely to announce some new measures to rein in gold imports which might include restrictions on a group of private trading firms.
-
Industry Body Urges Government to Roll Back Customs Duty on Gold
The All India Gems and Jewellery Trade Federation (GJF) has urged the government to roll back customs duty in phases by four per cent and curb only "beyond optimum" gold required to manufacture jewellery.
-
Budget 2014: Gold Jewellers Waiting for Their 'Acche Din'
Speaking to NDTV, Harish Soni, chairman of All India Gems & Jewellery Trade Federation, said the industry body in its pre-budget meet with Finance Minister Arun Jaitley sought the scrapping of the 80-20 rule and a cut in import duty on gold.
-
Dhanteras 2018: Gold Sales Subdued Amid High Prices
Dhanteras 2018: Most buyers are restricting their purchase to tokens as gold prices are ruling high over Rs 32,000 per ten grams, says All India Gems and Jewellery Trade Federation (GJF) Chairman Nitin Khandelwal.
-
Jewellers Want 5% Import Tax; PAN Card Limit Of Rs 5 Lakh In Budget
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 Urged To Go Cashless To Support Demonetisation
The lobby group has also urged the government to provide specialconsideration on cashless purchase of jewellery and to removeexisting restrictive measures on cashless jewellery buying,
-
Jewellers Claim 85-90% Dip In Domestic Business, Exports Unaffected
Many jewellers estimate an 85-90 per cent dip in business post-demonetisation -- but exports have been unaffected.
-
Gold Next In PM Modi's Fight Against Black Money? Rumours Spook Traders
The All India Gems and Jewelry Trade Federation dismissed the messages among traders as a rumour, but some are nevertheless buying extra gold for the wedding season and to see themselves through the next few months, said an official with the India Bullion And Jewelers Association.
-
This Dhanteras, Jewellery Sales To Rise 25%, Say Experts
Gems and jewellery retailers are expecting around 25 per cent growth in sales during Dhanteras.
-
Why Gold Jewellers Are Not Too Hopeful On Akshaya Tritiya Sales
Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.
-
Jewellers' Strike Enters 9th Day, Loss Pegged at Rs 60,000 Crore
India's jewellery sector is estimated to have incurred a revenue loss of over Rs 60,000 crore due to an ongoing indefinite strike that entered the ninth day on Wednesday, according to an industry body.
-
Jewellers Extend Pan-India Strike Till March 7
Jewellers, protesting throughout the country against the government proposal to re-impose 1 per cent excise duty, have decided to extend their strike till March 7, industry body, All India Gems and Jewellery Trade Federation (GJF) said today.
-
Jewellers Unhappy Over Mandatory PAN on Purchase of Rs 2 Lakh
The All India Gems and Jewellery Trade Federation (GJF) on Wednesday expressed dissatisfaction over the government's decision to make PAN card mandatory on any transaction of Rs 2 lakh and above.
-
Industry Hails Gold Monetisation & Sovereign Gold Bond Schemes
All India Gems and Jewellery Trade Federation (GJF) former director Bachhraj Bamalwa opined that it is a positive step for the jewellery industry, which will not only benefit the jewellers but also the consumer and the government.
-
Easing Gold Curbs Unlikely to Mean Import Surge: Report
Struggling with a high trade deficit, India last year imposed a record 10 per cent import duty on gold and the so-called 80-20 rule to limit purchases. Bullion is the second-biggest item on India's import bill after oil.
-
Trade Body Asks Members to Curb Sales of Gold Coins and Bars
India, the world's second-largest gold buyer, is likely to announce some new measures to rein in gold imports which might include restrictions on a group of private trading firms.
-
Industry Body Urges Government to Roll Back Customs Duty on Gold
The All India Gems and Jewellery Trade Federation (GJF) has urged the government to roll back customs duty in phases by four per cent and curb only "beyond optimum" gold required to manufacture jewellery.
-
Budget 2014: Gold Jewellers Waiting for Their 'Acche Din'
Speaking to NDTV, Harish Soni, chairman of All India Gems & Jewellery Trade Federation, said the industry body in its pre-budget meet with Finance Minister Arun Jaitley sought the scrapping of the 80-20 rule and a cut in import duty on gold.
