The Delhi Income Tax Appellate Tribunal deleted a Rs 20.45 lakh addition linked to family gold jewellery, ruling that CBDT seizure guidelines cannot automatically determine how much jewellery a taxpayer can explain.

The government has ended a tax benefit for banks importing gold, silver and platinum, bringing these shipments under the 3% Integrated GST levy from April 1, 2026, to ensure parity across import channels

Solitario Lab Grown Limited has filed its draft prospectus for a proposed SME IPO, with proceeds from the fresh issue earmarked for 20 new exclusive brand outlets and 75 shop-in-shop counters across India.

India can move beyond being a major producer of laboratory-grown diamonds to becoming a global technology leader by developing indigenous equipment, advanced materials, device fabrication capabilities, and high-value industrial applications, says Prof. M.S. Ramachandra Rao, Head of the India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras, in a conversation with Suneeta Kaul. Prof. Rao was one of the main organizers of GJEPC's VAIRAM 2026 Workshop, held earlier this year at the campus of IIT Madras.

Yaashvi Jewellers has received domestic contracts worth approximately Rs 30 crore for supplying gold jewellery, with deliveries scheduled for completion by October 31, 2026.

Kalyan Jewellers has converted Rs 350 crore of funding extended to Candere into equity through a rights issue, as the online-led jewellery business continues to expand its retail footprint.

With new trade agreements opening markets, and shifting global sourcing strategies creating fresh opportunities, India’s gem and jewellery industry is entering an important phase. GJEPC Chairman Kirit Bhansali discusses India’s growing global role, emerging export opportunities, and the road ahead, with Suneeta Kaul.

Deepa Jewellers’ strong listing reflects robust investor appetite for organised jewellery businesses.

The proposed issue comprises a fresh issue of up to 1.36 crore shares and an offer for sale of up to 34 lakh shares, with proceeds earmarked for showroom expansion and debt repayment.

Deepa Jewellers will open its maiden IPO on September 1, offering fresh shares and an offer-for-sale to fund working capital, inventory and corporate requirements.

Priority Jewels Limited's Rs 91.50 crore IPO opens August 28 and closes September 1, with the Mumbai-based B2B jewellery manufacturer listing on NSE and BSE on September 4.

Selling old gold jewellery can trigger capital gains tax, but buying new jewellery with the proceeds does not automatically offset the liability under Indian income-tax rules for taxpayers.

IIJS Bharat Premiere 2026 brought India’s jewellery trade together in Mumbai from August 5 to 10, with sourcing, exports, technology and changing consumer demand shaping business discussions.

PNGS Reva Diamond Jewellery reported Q1 FY27 revenue of Rs 117.97 crore and PAT of Rs 27.21 crore on July 30, driven by retail expansion, natural diamond demand and post-IPO growth initiatives.