« Top Headlines » Open DEMAT Account in 24 hrs  How to Change Current Period in Tally Prime Step-by-Step Guide for Users  Global Payroll Management with Tally Prime: How International Businesses Use It Beyond India  How to Manage B2B HSN Codes in Tally Prime: A Complete Guide for Businesses  How to Check Business Revenue in Tally Prime: A Complete Step-by-Step Guide  MSME Payment Rule in Tally Prime: Understanding the Law and Its Impact on Businesses in 2025 The MSME (Micro, Small and Medium Enterprises) Payment Rule is a legal framework introduced under th  Multipurpose Empanelment Form (MEF) 2025 26 Meaning, Purpose, and How to Manage It in Tally Prime  GST Appellate Tribunal (GSTAT) Structure, Powers, and Its Relevance in Tally Prime Implementation  How Tally Prime Supports the Real Estate & Construction Industry in India  Comparison Between Tally Prime 6.1 and Tally Prime 6.2  How Tally Prime Renewal Helps Save My Data  Where to Buy Tally Prime 7.0 at the Best Rates Possible «  Returns filed by realty developers under scrutiny... Notice to firms for claiming service tax abatement... » New body to look into gems and jewellery tax structure July, 12th 2006 The finance ministry has set up an expert body, headed by M R Sivaraman, former Revenue Secretary, to look into the potential of the gems and jewellery industry and make recommendations including tax measures to enable the country to become a hub for this sector.    Finance Minister P Chidambaram had announced the setting up of an expert body to examine the tax structure in gems and jewellery in the Budget.    The body will make recommendations for a taxation system based on the best international practices which will facilitate exports, widen the tax base and secure adequate revenues for the government, minimise the scope for evasion, and facilitate voluntary compliance.    It will also give suggestions to make domestic trade more transparent and for development of skills of Indian craftsmen so that the development in domestic trade could be a catalyst for promoting export of gems and jewellery.