GJC Chairman calls for tax rationalisation and finance support to boost gems and jewellery industry in upcoming Budget.

The Hindu

India

Gems, jewellery sector urges govt to reduce GST to 1% in upcoming Budget

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The Hindu Group

The gems and jewellery sector has called on the government to reduce the goods and services tax to 1% based on the revenue equivalence ratio, aiming to ease the industry's cost burden in the upcoming Budget."We seek rationalisation of taxes and availability of finance to support business," the All India Gem and Jewellery Domestic Council Chairman Rajesh Rokde said in a statement on Tuesday.With the continuously increasing gold rates, the current…

NDTV Profit

Budget 2025: Gems, Jewellery Sector Seeks 1% GST Cut

The “Gem Sri Lanka — 2025” Gem and Jewellery Exhibition under the leadership of President Anura Kumara Dissanayake started very magnificently at Sinaman Bentota Beachhotel on the morning of today (08). The exhibition, which is organized annually by the China Fort Gems and Jewelry Trade Association (CGJTA), is held from today to January 10th. “Gem Sri Lanka — 2025” Gem and Jewelry Exhibition [...] The post Gem and Jewelry Exhibition Starts Under …

“Gem Sri Lanka – 2025” මැණික් හා ස්වර්ණාභරණ ප්‍රදර්ශනය ජනාධිපති අනුර කුමාර දිසානායක මහතාගේ ප්‍රධානත්වයෙන්  සිනමන් බෙන්තොට බීච්හෝටලයේදී අද (08)  පෙරවරුවේ ඉතා උත්කර්ෂවත් ලෙස ආරම්භ වුණා. චීන කොටුව මැණික් හා ස්වර්ණාභරණ වෙළෙඳ සංගමය (CGJTA) වාර්ෂිකව සංවිධානය කරන මෙම ප්‍රදර්ශනය අද සිට ජනවාරි 10 වෙනිදා දක්වා පැවැත්වෙනවා. “Gem Sri Lanka – 2025” මැණික් හා ස්වර්ණාභරණ ප්‍රදර්ශනය […] The post  මැණික් හා ස්වර්ණාභරණ ප්‍රදර්ශනය ජනපතිගේ ප්‍රධානත්වයෙන් ඇරඹෙයි app…

මැණික් හා ස්වර්ණාභරණ ප්‍රදර්ශනය ජනපතිගේ ප්‍රධානත්වයෙන් ඇරඹෙයි

ITN News

Sri Lanka

Gem and Jewellery Exhibition Starts Under President's Presidency

Mumbai, Jan 7 (PTI) The gems and jewellery sector has urged the government for a reduction in goods and services tax (GST) to 1 per cent on revenue equivalence ratio to ease the cost burden on the industry in the upcoming Budget. "We seek rationalisation of taxes and availability of finance to support business," the All India Gem and Jewellery Domestic Council (GJC) Chairman Rajesh Rokde said in a statement on Tuesday. With the continuously incr…

NewsDrum

Gems, jewellery sector urges govt to reduce GST to 1 pc in upcoming Budget

The "Gem Sri Lanka - 2025" gem and jewellery exhibition was inaugurated today morning (08) at the Cinnamon Bentota Beach Hotel, presided over by President Anura Kumara Disanayake.

Department of Government Information Sri Lanka…

"Gem Sri Lanka - 2025" Gem and Jewellery Exhibition Commences under President’s Patronage

With the continuously increasing gold rates, the current rate of GST is increasingly becoming a burden for the industry and end customers.  New Delhi: The gems and jewellery sector has urged the government for a reduction in goods and services tax (GST) to 1% on the revenue equivalence ratio to ease the cost burden on the industry in the upcoming Budget. “We seek rationalisation of taxes and availability of finance to support business,” the All …

Indiaretailing.com

Gems, jewellery sector urges govt to reduce GST to 1% in upcoming Budget - India Retailing

The Gems & Jewellery sector plays a pivotal role in India’s economy, contributing significantly through exports, job creation, and the preservation of cultural heritage. It is also a major job creator and stands as India’s second-largest Foreign Exchange Earner (FEE). However, the industry faces numerous challenges, including complex taxation, stringent compliance requirements, and limited access to finance. To address these issues, the All Indi…

Gems, jewellery sector urges govt to reduce GST to 1% in upcoming Budget

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