BrandBuzz
Dassani Brothers celebrates Father’s Day with ‘The Father’s Bond’ Collection
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The rich heritage of craftsmanship shines through this collection of kurta buttons, brooches, sherwani buttons, and cufflinks pieces.The featured collection is meticulously crafted with 18kt gold, adorned uncut diamonds and round brilliant cut diamonds. The brooches, a true statement piece, boast an additional touch of distinction: Russian emerald leaves, carved coral roses and ruby cuts.
Dassani Brothers’ rich heritage of craftsmanship shines through in this collection. These exquisite pieces are more than just accessories; they are tangible expressions of the lasting impact a father has on his children’s lives. From the classic elegance of kurta buttons to the statement-making brooches, each piece in the collection is designed to be cherished for generations.
Sumit Dassani, Partner at Dassani Brothers said, “At Dassani Brothers, we understand the profound impact fathers have on our lives. The Father’s Bond Collection is a tribute to this special relationship, offering exquisite pieces that transcend mere adornment. Each piece is crafted with love and symbolism, becoming a cherished heirloom that embodies the values and strength fathers pass down to their children.”
BrandBuzz
MCA raises “small company” thresholds – up to ₹10 cr capital & ₹100 cr turnover from 1st December 2025, major relief for jewellery trade
In a landmark decision that will significantly ease compliance for thousands of jewellery businesses across India, the Ministry of Corporate Affairs (MCA) has revised the definition of “Small Company” under the Companies Act, 2013, effective 1st December 2025.GJC published and sent out this important update to the jewellery trade.
New Eligibility Criteria (both conditions to be satisfied):
- Paid-up Share Capital : ≤ Rs.10 Crore (earlier Rs.4 Crore)
- Annual Turnover : ≤ Rs.100 Crore (earlier Rs.40 Crore) (as per the latest audited financial statements)
Any company exceeding even one of the above limits will cease to be a Small Company.
Key Benefits for Jewellers (Private Limited & Family-Owned Firms):
- Only 2 Board Meetings required in a year
- Exemption from mandatory Internal Audit in most cases
- Substantially lower penalties for defaults
- Simplified Annual Return via Form MGT-7A
- No need to prepare Cash Flow Statement in financials
- Exemption from mandatory Auditor Rotation – continue with existing trusted auditors
- Reduced overall compliance cost and administrative burden
GJC advised jewellery firms to immediately review their Paid-up Capital and Turnover for FY 2024-25 to confirm eligibility and start availing the relaxations from the current financial year itself.
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