Jewellery industry flags tax, duty and regulatory priorities ahead of Budget 2026
Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.
GJEPC Submits Pre-Budget Recommendations to Boost Export Competitiveness and Ease of Doing Business
The Gem & Jewellery Export Promotion Council presented key policy proposals to the Government seeking tax reforms, industry incentives, and regulatory ease to strengthen India’s leadership in diamonds, gold, coloured gemstones, and lab-grown diamonds.
Over 1.4 Tons of Brazilian Rough Emeralds Set for Auction in Antwerp This September
In a landmark event for the global gemstone industry, over 1.4 tons of rough Brazilian emeralds will be auctioned in Antwerp this September. Hosted by international auction house Auctim.com, the sale is expected to draw significant international interest from gem traders, manufacturers, and collectors.
What Jewellery Shoppers Really Want
KPMG’s India CX Report 2025 offers a goldmine of trade insights. Here’s a glimpse.
The Case for Uniform Gold Pricing Across India
The Indian jewellery industry has been pushing for a unified gold pricing system under the "One Nation, One Rate" initiative to eliminate regional pricing disparities. With growing momentum and widespread industry support, the demand for a transparent pricing solution appears to be within reach, finds out Anjana Vaswani
Coimbatore Jewellery Manufacturers Seek Tax Refunds and Support Amid Customs Duty Changes
The Coimbatore Jewellery Manufacturers Association has requested a tax refund from the Union government for taxes paid on gold metal loans before the recent reduction in Customs Duty
Sri Lanka’s Gem and Jewellery Industry Faces Crisis Amid High Tax Burden
The Sri Lanka Gem and Jewellery Association (SLGJA) has issued a stark warning that the country’s gem and jewellery industry is at risk of losing its competitive edge due to high taxes, including an 18% Value-Added Tax (VAT)
GJEPC welcomes Vote-on-Account Budget which sows the seeds to achieve Viksit Bharat in Amrit Kal
Interim Union Budget 2024-25 Reaction by Vipul Shah, Chairman, GJEPC
Union Budget 2024-25: GJEPC’s Recommendations To the Government To Propel Gem & Jewellery Exports
GJEPC, the representative body for India's international gem and jewelry trade, has put forth numerous suggestions to the Government in anticipation of the forthcoming budget
GJC making India a Jewellery Tourism HUB for the world
The B2C scheme is scheduled to be organised from 12th October to 17th November 2023, while the B2B scheme is scheduled from 1st June 2023 to 31st October 2023.
GJEPC urges Centre to consider reducing import duty on cut and polished diamonds
It has also suggested that the basic customs duty on gold, silver, platinum jewellery should be increased from 20% to 25%
IIJS Tritiya postponed to March 2023, says GJEPC
According to GJEPC, the rescheduling of different jewellery shows in India has resulted in the show calendar in India becoming very busy for the month of March-April 2022, and so IIJS Tritiya has been postponed
GJEPC asks for duty cuts in its Budget proposals to Government
Some of the major aspects of budget representation are duty cuts primarily for gold, cut and polished diamonds, precious and semi-precious gemstones
GJEPC Organizes A Webinar On RoDTEP - Benefits, Challenges & The Way Forward
GJEPC's webinar on “RoDTEP – Benefits, Challenges and the Way Forward" in collaboration with Lakshmikumaran & Sridharan (L & S) on 30th August was well received
Gem And Jewellery Exports Industry An Example Of Aatmanirbhar Bharat And Vocal For Local
The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold and other precious metals to 4%, Technology Upgradation Fund (TUF) Scheme for G&J industry; need for additional Common Facility Centres (CFCs) and many more to strengthen the gems and jewellery export sector
