Monthly Archives: April 2012

Back in February I did a posting on a diamond that had a fair cut grade, it was not a very attractive diamond.  Of course we sent it off to the diamond cutter to bring it to life.  Our estimate was the diamond would need to come down to 1.17ct in order to greatly improve […]

When India passed their 2012 budget, it came with some tax increases as well as new taxes for members of the trade. Existing import duty on gold bars, coins and platinum increased from two percent to four percent which is a 100% increase in the tax rate on these items. A new tax was added […]