National News
GJEPC, BDB Hold Outreach Session On New Income Tax Regime
New Income-Tax Act, 2025 Introduces A Simpler, More Transparent, Technology-Driven and Taxpayer-Friendly Framework
GJEPC and Bharat Diamond Bourse (BDB) co-organised an outreach programme under the ‘Prarambh 2026’ initiative in Mumbai, on 8 May 2026. The programme focused on the Income-Tax Act, 2025 and Income Tax Rules, 2026, with emphasis on international taxation and transfer pricing.
Nirupama Kotru, IRS, Chief Commissioner of Income Tax (International Taxation & Transfer Pricing), Western Zone, Mumbai, attended as chief guest, while Mohit Jain, IRS, Chief Commissioner of Income Tax, Mumbai, was the guest of honour.
Senior officials from the department included Sanjay Deshmukh, Principal Commissioner of Income Tax (International Taxation); Alok Kumar, Commissioner of Income Tax (Transfer Pricing); Ramapriya Raghavan, Commissioner of Income Tax (Transfer Pricing); Nischay Samaiya, CIT-OSD; and Sanjeet Nair, Additional Commissioner of Income Tax.
The dignitaries were welcomed by Shaunak Parikh, Vice Chairman, GJEPC; Khushboo Ranawat, Western Regional Chairman, GJEPC; Mehul Shah, Vice President, BDB; Mittal Doshi, Convenor – BITC, GJEPC; and Bharat Ghori, Co-Convenor, MSME, GJEPC.
Addressing the gathering, Â Kotru said the new Income-tax Act, 2025 introduces a simpler, more transparent, technology-driven and taxpayer-friendly framework. She said the department launched outreach initiatives to strengthen engagement with taxpayers, encourage voluntary compliance, and build greater trust between industry and government.
National News
Gold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
Gold Recovered After Opening On A Weak Note, While Silver Extended Its Gains. In International Markets, Gold Eased After Opening Firm, Whereas Silver Continued To Trade Higher.
Gold and silver futures traded higher in the domestic market on Monday, supported by softer US inflation data, declining crude oil prices and easing expectations of further interest-rate hikes by the US Federal Reserve.
Gold recovered after opening on a weak note, while silver extended its gains. In international markets, gold eased after opening firm, whereas silver continued to trade higher.
On the Multi Commodity Exchange (MCX), the benchmark October gold contract opened at Rs 1,51,793 per 10 grams, down Rs 27 from its previous close of Rs 1,51,820. The contract later recovered and was trading at Rs 1,51,905 per 10 grams, up Rs 85. During the session, it touched a high of Rs 1,51,947 and a low of Rs 1,51,461.
Silver futures opened higher, with the benchmark September contract starting at Rs 2,31,799 per kg, up Rs 333 from the previous close of Rs 2,31,466. The contract subsequently climbed to Rs 2,33,499 per kg, recording a gain of Rs 2,033. It touched an intraday high of Rs 2,33,618 and a low of Rs 2,31,660.
In the global market, gold was trading near $4,400 per ounce on Comex, while silver was quoted at around $63.70 per ounce.
PNG Launches The Flagship Store Of YOOU, A Brand Around Evolving Identities Of Modern Women
Gold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
Payrolls Shock Reshapes Fed Bets, Sends Bullion Sharply Higher AUGMONT BULLION REPORT
Sky Gold and Diamonds Begins FY27 On A Strong Note; Revenue Rises 78% YoY To Rs 2,012.8 Crore, PAT Grows ~2.4x To Rs 104.9 Crore; Operations Turn Cash Flow Positive
PNG Launches The Flagship Store Of YOOU, A Brand Around Evolving Identities Of Modern Women
Payrolls Shock Reshapes Fed Bets, Sends Bullion Sharply Higher AUGMONT BULLION REPORT
-
National News10 hours agoSky Gold and Diamonds Begins FY27 On A Strong Note; Revenue Rises 78% YoY To Rs 2,012.8 Crore, PAT Grows ~2.4x To Rs 104.9 Crore; Operations Turn Cash Flow Positive
-
New Premises8 hours agoPNG Launches The Flagship Store Of YOOU, A Brand Around Evolving Identities Of Modern Women
-
International News10 hours agoPayrolls Shock Reshapes Fed Bets, Sends Bullion Sharply Higher AUGMONT BULLION REPORT
-
National News9 hours agoGold Gains Rs 85 On MCX; Silver Jumps Rs 2,033 On Softer US Inflation Data
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.