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All India Gems and Jewellery Trade Federation News

Akshaya Tritiya

09 May 2016

Jewellers see 10% growth in sales on Akshaya Tritiya

World Gold Council Managing Director, India, Somasundaram PR said the buying behaviour of consumers is returning to normalcy following the jewellers resuming business after a month long protest over the excise duty.

03 Apr 2016

Jewellery industry fears losing out on festive cheer

With the onset of the festive season, the gems and jewellery industry fears losing out on sizeable sales, with some industry leaders saying continuation of the strike will be a "disaster" for the business.

20 Mar 2016

Jewellers end 18-day strike after govt clarification on excise duty

Jewellers on Saturday called off their 18-day old strike demanding rollback of proposed excise duty on non-silver jewellery after government assured them that there will be no harassment by excise officials.

Jewellers strike

04 Mar 2016

Jewellers with over 12 cr turnover liable to pay 1% excise on non-silver jewellery items: FinMin

Jewellers' strike

04 Mar 2016

Jewellers extend pan-India strike till March 7

Jewellers, protesting throughout the country against the government proposal to re-impose 1 per cent excise duty, have decided to extend their strike till March 7, industry body GJF said today.

Jewellery Shops

10 Feb 2016

Jewellery shops in Tamil Nadu, Puducherry to remain shut on Thursday

Around 35,000 jewellery shops in Tamil Nadu and Puducherry will down their shutters on Thursday in protest against the central government's stipulation to provide PAN card on purchases over Rs.200,000, said a senior official of All India Gems and Jewellery Trade Federation (GJF).

20 Apr 2015

Gold imports may rise 89% to 100 tonnes in April: GJF

The gold import stood at 53 tonne during April last year, according to data given by The All India Gems and Jewellery Trade Federation (GJF).

14 Jan 2015

GJF wants import duty to be cut to 2%

Gems and jewellery traders have asked the government to cut down the duty on gold to two percent from current 10 percent.

24 Oct 2014

Gold sales jump about 20% for Diwali

Gold sales in India during the festivals of Diwali and Dhanteras celebrated this week rose by about a fifth, a senior official at the country`s biggest gold trade group said on Friday.

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