A total of 18 tax items involving jewellery categories are included in the tariff reduction, with an average tariff rate drop of 68 per cent.
Rare and precious, platinum jewellery is truly a perennial red-carpet favourite.
For the auspicious occasion of Chinese New Year, Fabergé introduces an exclusive limited edition locket for this year’s Chinese Zodiac animal named Fabergé Palais Tsarskoye Selo Red Locket With Dog Surprise as a part of its Heritage Gift Collection.
Welcoming the Budget, the gems and jewellery industry said positive focus on the rural economy and estimated growth of GDP to 7.2-7.5 per cent will boost demand.
The commerce ministry has pitched for reduction in import duty on gold in the forthcoming Budget with an aim to promote gold jewellery exports, a senior government official said.
Renowned Jewellery brand Aisshpra Gems & Jewels exudes the glamour of red-carpet in its Cocktail Collection.
Among other reasons, a reduced demand and decreased cash flow will witness at least 30% decline in jewellery sales as against last year.
The crème de la crème of the television fraternity was present at the Emmy Awards earlier this week. Their stunning red carpet outfits were paired with even more stunning diamond and other precious stone jewellery. Here’s IJ’s top picks of some of the best jewellery pieces seen at the Emmy Red Carpet.
The red carpet event was hosted at Estella, Mumbai where Ishu Datwani, Founder, ANMOL unveiled the campaign in presence of city’s renowned socialites and celebrities.
Exquisitely crafted platinum jewellery is truly a red carpet favorite at Cannes this year.
The actress, clearly a fan of platinum, sizzled the red carpet in platinum jewellery by Tiffany & Co.
The company aims to redefine the wedding jewellery market with this offering
Created with stunning Forevermark Diamonds, the pieces include concept earrings worn multiple ways, dazzling ear cuffs, stunning diamond studded cocktail rings, dramatic bracelets and eye-catching necklaces.
'Beads and Tassels' collection designed is romantic in appeal and is distinctive in nature. With shades of blue, purple, green, white and reds, we have a match for every stunning outfit.
The collection is a diverse range of 18K white and yellow gold diamond baubles with baguette, cabochon and marquise rubies, traditional and contemporary necklace sets with pearls and a pendant sets with blends of polki and red enameling.
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.
Gems and jewellery industry has been worst hit due to the demonetization
The demonetization move aims to reduce India’s dependence on Gold imports, which has a direct bearing on current account deficit and rupee value.