Illegal Jewellery Sales

The Goods and Services Tax (GST) on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.

An Indian-American businessman in New York has pleaded guilty to selling jewellery and artifacts in Manhattan worth over USD two million made from illegal ivory obtained from endangered and threatened elephants from Africa. Mukesh Gupta, 67, along with Johnson Jung-Chien Lu, 56, entered into a plea agreement with the Manhattan District Attorney's...

The Goods and Services Tax (GST) on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.

An Indian-American businessman in New York has pleaded guilty to selling jewellery and artifacts in Manhattan worth over USD two million made from illegal ivory obtained from endangered and threatened elephants from Africa. Mukesh Gupta, 67, along with Johnson Jung-Chien Lu, 56, entered into a plea agreement with the Manhattan District Attorney's...