GJ Town India

The Global sight remained lower than previous! De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fourth sales cycle of 2019. Bruce Cleaver, CEO, De Beers Group, said: "Cycle four saw lower rough diamond sales against a backdrop of macroeconomic uncertainty, and as we enter a seasonally slower period for the industry with Indian factories closing temporarily for the traditional holiday period.” Particular Cycle 4 2019 (provisional) [1] Cycle 3 2019 (actual) [2] Cycle 4 2018 (actual) Sales value [3] ($m) 415 581 554     [1]   Cycle 4 2019 provisional sales value represents sales as at 20 May 2019. [2]  Cycle 3 2019 actual sales value is restated following the earlier publication of a provisional figure for the third sales cycle of 2019. [3]  Sales values are quoted on a consolidated accounti...

Stakeholders, cast your view by June 5, 2019 CBDT issues Draft Notification for Amendment of Form No 10B of the Income-tax Rules, 1962, Section 12A of the Income-tax Act, 1961 (the Act) provides for conditions for applicability of Sections 11 and 12 of the Act. One such condition under clause (b) of sub-section (1) thereof is that where the total income of the trust or institution computed without giving effect to Section 11 and 12 exceeds the maximum amount not chargeable to Income-Tax in any previous year, its accounts for that year have been audited by an accountant as defined in the Explanation below sub-section (2) of Section 288. It further provides that the person in receipt of the said income, furnishes along with the Return of Income for the relevant Assessment Year, the Report of such Audit in the Prescribed Form duly signed and verified by such accountant and setting forth such particulars as may be prescribed. Accordingly, vide Income-tax (2nd Amendment...

Estimating Trends for Gold Market in 2022! Transforming India’s gold market Now it is true that Narendra Modi is returning to PMO with a huge of the majority. Body language of Narendra Modi had indicated that he would be quite ready with the priorities list for first 100 days & bureaucrats are inking in order. The Modi Government 2.0 has a clear idea for gem & jewellery industry & trade. They have enough working & report and committed to transform gold market India! Indeed it is a worst part for industry & trade that they suffer a lot in the absence of adequate gold policy. Recognizing the criticality and untapped potential of the gold market for providing a stimulus to exports, economic growth and employment, a Committee on ‘Transforming India’s Gold Market’ was constituted by NITI Aayog under Chairmanship of Ratan P. Watal. The committee formulated to recommend measures for Transforming the Gold Market Ecosystem in the country. The Commit...

https://in.pinterest.com/nayanjani/ Soon after started sharing GJ Town India with Pinterest, swiftly pins at Pinterest backed over a 10K monthly viewers to stay updated all about gem & jewellery industry & trade! GJ Town India is the exclusive site to source latest news, views, report from ground zero, briefs, press release, interview and other authentic sources for the gem & industry & trade fraternity with utmost prudent!   Along with Pinterest, GJ Town India https://gjtownindia.blogspot.com/   is sharing virtually every uploads with,  LinkedIn at: https://www.linkedin.com/in/nayanjani/ , Facebook at: https://www.facebook.com/nayanjjani , Twitter at: https://twitter.com/nayanjani   and tumblr at: https://www.tumblr.com/blog/nayanjani . Soon after the services that ended for G+ in general, in lieu another site is also being shared at: https://mix.com/nayanjani . At the occasion I, Nayan Jani wish & says viewers, “stay c...

Myntra unveils New store in Bengaluru Myntra’s franchisee launched a new store for Roadster – one of the most popular and leading outdoor lifestyle brands in the country. Called ‘Roadster Go’, the offline store is located at Vega City mall in Bengaluru and inherits the legacy of brand Roadster’s hi-tech fashion omni channel experience, which is the first of its kind in the country. Roadster launched the first ever ‘Roadster Go’ store at Mantri mall in Malleshwaram in 2018, introducing visitors to a slew of technological innovations to enhance customers shopping experience and bringing online and offline experiences under one roof. Spread across an area of 3200 sqft, the new ‘Roadster Go’ store is the biggest store for the brand. As a 100% RFID (Radio-frequency identification) enabled store, shoppers will be able to pick up their favourite products without any assistance, discover real time online prices and do a self-checkout in 30 seconds, making it smarter, faster and...

Tanya Rastogi’s Power Cuff Girls edition Jewellery connoisseur Tanya Rastogi launches the Power Cuff Girls edition for Lala Jugal Kishore Jewellers, a range of statement cuffs which pays an ode to all the modern girls who are bringing a wave of change in the society. This edition comprises of cuffs curated in 18K Rose gold with motifs inspired from daintiness of power girls of today and includes floral, heart shaped diamonds showcasing their charisma. The edges of various diamonds in a variety of cuts and settings represent the girls who live their lives on the edge. Furthermore, Drop shaped diamonds symbolize tear-drops of joy of a goal getter who has made several sacrifices in the man’s world experiences on paving her own path.  This collection is ideal for all the Power Cuff Girls who are strong, courageous and beautiful and rise by lifting others. This collection can best be adorned on party gowns or a casual dress at an evening soiree. The Power Cuff Edition ...

IJL Opens Submissions for the Seminar The deadline for submissions on the Thursday 27 June Industry professionals’ chance to shape the debate and reach a global audience–submit your IJL seminar now! International Jewellery London (IJL), long-established and world-leading jewellery trade event, has opened its seminar programme – The IJL Inspire Seminar Programme – to submissions from industry professionals. Submit your event for IJL website. Last year the refreshed IJL Inspire Seminar Programme opened the stage to discuss issues that matter and trends that shape jewellery and watches; from 3D printing with precious metals to lab-grown diamonds, to gemology and human rights in the jewellery supply chain, current trends such as SS19; co-created and bespoke jewellery; bridal trends; jewellery retail and practical sessions including transforming the high street store, customers in a digital world, getting to grips with Instagram, photographing jewellery. The...