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About 31 results for "ashok minawala"

Gold monetisation may hit norm hurdle
The Financial Chronicle

Gold monetisation may hit norm hurdle

The gold monetisation scheme is unlikely to take off, as in the past, if the government is rigid about the disclosure of the source of gold brought for deposit. Industry insiders believe that the scheme will find few takers unless individuals are allowed to ... The Financial Chronicle, 9 hours ago
Gold monetisation aims to free hoarded metal The Financial Chronicle, 5 days ago

How are people responding to the gold monetization scheme?

The government proposal to attract tons of household and institutional gold into bank deposits has drawn mixed response. According to formal guidelines announced to the proposed gold monetization schemes, customers are allowed to deposit even ...
 Futures Magazine3 days ago

Gold witnesses moderate demand on Akshay Tritiya

Gold The retail gold jewellers saw just a moderate pick up in demand from consumers on the day of Akshaya Tritiya, considered an auspicious day to buy gold ornaments. However, industry sources said that the gold jewellery sales during this year would not be ...
 Asian Age1 month ago

Akshay Tritiya festival sees buyers prefer jewellery over bullion

MUMBAI: Tuesday's festival of Akshay Tritiya witnessed a paradigm shift in consumer preference towards gold purchases. The five-year-old inclination towards gold coins and bars for investment came to a virtual halt as 80-85% people chose jewellery ...
 Times of India1 month ago Jewellers see higher footfalls on Akshaya Tritiya  Business Standard India1 month ago
Millennium Post

Romancing the stone... Not!

Gems and jewellery have transformed Plain Janes into ravishing beauties over the centuries. Today, the jewellery market in India is one of the biggest in the world, but now the shine seems to have gone off the glittering baubles with the gems and ...
 Millennium Post1 month ago Jewellers urge govt to exempt sector from PAN card ambit  Business Standard India2 months ago

Looking for a brighter spot

Comment · print · T T T+· T- The Hindu India has created a niche for itself and occupies a pride of place as being the centre for cut and polished diamonds in the world with nine out of every ten diamonds in the world being cut and ...
 The Hindu1 month ago
Jewellery n Gemstone Directory

Is Indian Jewellery Industry Generating Black Money?

India's Finance Minister (FM) Mr. Arun Jaitley has, in his recent budget made it obligatory to produce PAN (Permanent Account Number) Card on any purchase of INR 100,000including jewellery. Prime goal of the government behind introducing this ...
 Jewellery n Gemstone Directory2 months ago PAN card: Jewellers body hopes govt will decide on issue this week  Hindu Business Line2 months ago Jewellers jitter as central made PAN card mandatory for all transaction  Siasat Daily2 months ago Jewellers jittery on PAN norm  Asian Age2 months ago
APN News

GJF Urges Govt To Exemt Sector From Rs 1 Lakh PAN Card Ambit

The All India Gems and Jewellery Trade Federation (GJF), has expressed dissatisfaction over imposition of requirement of PAN Card on any transaction over Rs. 1 lakh. This is not practical and will discriminate 70% of the rural buyers as they are not ...
 Afternoon Despatch & Courier2 months ago GJF Expresses concern over imposition of Compulsory Pan Card Application on Jewellery Sales over Rs. 1 lakh-  APN News2 months ago PAN card must, a big hurdle for gold business: GJF  Deccan Herald2 months ago
Financial Express

PAN norms will spook jewellery buyers away, says industry, threatens to strike

Jewellers say about 80 percent of the $122 billion industry's business comes from rural customers, mainly in the agriculture sector, who lack a so-called permanent account number (PAN), which is used to prevent tax evasion. (Reuters) Jewellery ...
 Financial Express2 months ago Jewellers oppose PAN norm on sales; threaten to strike  Economic Times2 months ago Jewellery Sales to be Hit Due to PAN Norm: Industry Body  NDTV Profit2 months ago

Scrap PAN card requirement for gold buying: jewellers

Comment · print · T T T+· T- The Hindu A jeweller arranges the gold necklace on its showpiece in shop in Thrissur. — Photo: K.K. Mustafah TOPICS In the last Union Budget, the Finance Minister made this provision to prevent the ...
 The Hindu2 months ago
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