Trending Now
- “CM Vijay has presented 436 schemes. He has introduced long-term development initiatives under the name ‘Vetri Tamilagam’.” – Minister Nirmal Kumar
- “The party I am going to launch will contest the next election in TN. There is no second opinion about that.” – Annamalai
- “Annamalai’s allegation against the national leadership is incorrect. BJP has not been affected in any way by his departure from the party.” – TN BJP President Nainar Nagendran
- “A new political mask without the names BJP and RSS, launched with Amit Shah’s approval and Modi’s blessings.” – Congress MP Manickam Tagore indirectly criticized Annamalai’s new party
- The Chennai Meteorological Centre has issued an Orange Alert for very heavy rainfall today in the districts of Nilgiris and Covai
Coimbatore
GST hiccups over, jewellery business picking up
November 17, 2017
Image credit : Illustrative Image
After an initial slowdown owing to implementation of GST, gold jewellery business has started showing signs of picking up, according to leading jewellers in the city.There was some slowdown in business due to
implementation of GST some five months ago. Teething problems did bring down customer arrivals, Prince Jewellery Chairman and Managing Director Princeson Jose told mediapersons here today.
Jewellers and customers now had a clear picture of the tax structure and its benefits and business started picking up, particularly with the advent of marriage season, he said.
As part of the season, the outlet here is organising a 23-day antique and diamond jewellery exhibition-cum-sale from today and the company expects a business of more than Rs 1 crore, he added.
On sale at the expo would be works from Chettinadu, Malabar, Travancore, Karnataka, Rajasthan and Hyderabad. They would in the price range of Rs 25,000 to Rs 50 lakh.
