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.
World Gold Council Unveils ‘It’s Aaj Ka Gold’ Campaign to Promote Gold ETFs Among Young Indian Investors
World Gold Council launches its first India-focused Gold ETF awareness campaign, positioning gold as a modern, digitally accessible investment for young investors, emphasizing affordability, transparency, liquidity and physical backing.
CIBJO Congress 2025 Highlights Industry’s Key Challenges and Future Directions
The global jewellery fraternity convened in Paris for the 2025 CIBJO Congress, where industry leaders, policymakers, and experts gathered to discuss the evolving landscape of the gem and jewellery trade.
BIS Makes Silver Jewellery Hallmarking Mandatory from September; Gold Regulations Expanded
The Bureau of Indian Standards (BIS) has announced that hallmarking of silver jewellery will become mandatory starting September 1, marking a significant expansion of quality controls in India's precious metals market.
India Bullion & Jewellers Association Calls for Self-Hallmarking of Silver Jewellery
The India Bullion & Jewellers Association (IBJA) has urged the Bureau of Indian Standards (BIS) to implement mandatory self-hallmarking for silver products by jewellers, rather than relying on external hallmarking agencies.
RBI’s Tougher Gold Loan Rules May Push Borrowers Away from Banks, Back to Informal Lenders
The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.
Mumbai Airport to Allow Jewellery Import via Private Transport from May 1
From May 1, travellers passing through Mumbai Airport will be allowed to import and export jewellery via private transport, following a formal directive from the Central Board of Indirect Taxes and Customs (CBIC). The initiative, led by the Gem and Jewellery Export Promotion Council (GJEPC), is expected to simplify logistics for exporters and boost India's position as a global jewellery hub
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
Union Budget 2025: Customs Duty on Gold Imports Remains Unchanged at 6%
The Union Budget 2025-26 brings relief and strategic reforms for the jewellery sector. While the customs duty on gold remains steady at 6%, key changes include new tariff classifications for gold and silver, along with significant duty cuts on platinum findings and jewellery components
All India Gem & Jewellery Domestic Council (GJC) Announces New Leadership
The All India Gem & Jewellery Domestic Council (GJC), the apex body representing the Indian gem and jewellery industry, has announced its new leadership for the term 2025-26
GJEPC Organises Customs Training Program in Kolkata
The Gem & Jewellery Export Promotion Council (GJEPC) has initiated a comprehensive four-day Customs Training Program in Kolkata, designed to strengthen the expertise of Customs officials in handling gems and jewellery exports. This program, inaugurated by senior Customs officials, emphasizes enhancing operational efficiency and empowering officials with industry-specific knowledge
Government Updates Wastage Norms for Jewellery Exports to Support Industry Needs
The Indian government has announced revised wastage norms for the export of gold, silver, and platinum jewellery, set to take effect on January 1, 2025
Government to Mandate Hallmarking for 9-Karat Gold Jewellery
In a significant policy shift aimed at addressing both consumer demand and safety concerns, the Indian government is set to make hallmarking of 9-karat (KT) gold jewellery mandatory
Malabar Gold & Diamonds Wins Prestigious Responsible Jewellery House Award at India Gold Conference 2023-24
Malabar Gold & Diamonds has been awarded the prestigious Responsible Jewellery House Award at the 2023-24 India Gold Conference, recognizing the company's commitment to ethical sourcing and sustainability in the jewellery industry
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)

