About 15,000 Indian jewellers have been sent tax demands 

According to sources, gold without receipt will have to be disclosed to the government and tax would be payable based on the rate set by the government

The revenue secretary and top officials of the ED, the Central Board of Direct Taxes and the Central Board of Excise and Customs had appeared before the panel.

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

Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of above Rs. 2 lakh.

Only unaccounted domestic cash holding can be declared through the new Income Disclosure Scheme and not jewellery, stocks, immovable property or overseas accounts.

Demonetization of Rs. 500 and Rs. 1000 currency notes

The government on November 8 announced the demonetisation of 500 and 1,000 rupee notes to flush out black money.

The guidelines will require the jeweller to keep a tab on buyers making jewellery purchases of Rs. 2 lakh or more a year from his shop.

The theme and motive of the campaign revolve around its name itself, COLOUR YOUR SENSES.

GJTCI- Excellence awards tries to bring an ultimate platform to the immense talent and innovation of the jewellery and gem fraternity.

Myheera.com pledged 5 per cent of all memberships sold on Myheera.com to Jewellery Industry Reserve for Indian Craftsmen as an official support for craftsmen and workers of gems and jewellery industry.