Diamond Development Cess

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28% GST on luxury, sin goods to continue

The government intends to continue with the top GST slab of 28 per cent for luxury and sin goods, but is open to discuss narrowing down the three slabs of 5, 12 and 18 per cent into two, Revenue......

Hike in import duty on gold may fuel smuggling

The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. Illustration: Dominic......

Highlights of Union Budget 2022-23

Finance Minister Nirmala Sitharaman presented her fourth Budget in the Lok Sabha on Tuesday. Illustration: Dominic Xavier/Rediff.com Following are the highlights of the Union Budget 2022-23......

Hit by EU move, Indian jewellers plan to woo European buyers

India processes around 90% of the world's supply of rough diamonds. Faced with a sharp decline in exports owing to removal from the European Union's preferential list, Indian jewellers plan to woo......

Gems, jewellery: A cut in duty sought

India is home to the world largest diamond processing center and plays a dominant role in the processing of gem and jewellery in the world. It is also largest consumer of gold and silver jewellery......

Rediff News

Diamond Development Cess

News for Diamond Development Cess

28% GST on luxury, sin goods to continue

Hike in import duty on gold may fuel smuggling

Highlights of Union Budget 2022-23

Hit by EU move, Indian jewellers plan to woo European buyers

Gems, jewellery: A cut in duty sought

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