
Akshaya Tritiya 2025: Check offer, discounts from MP Jewellers, PC Chandra, Senco Gold, Tanishq — details here
MCX gold prices tumbled ₹ 394 per 10 grams at 9 am on April 30, with price at ₹ 95,198/10 gm, as per data on the official website; and MCX Silver prices also crashed by ₹ 728/kg, to ₹ 96,134/kg. Further, 24-carat gold cost ₹ 95,400/10 gm, according to data on the Indian Bullion Association (IBA), while 22-carat gold is priced at ₹ 87,450/10 gms, and Silver is at ₹ 97,260/kg.
Many believe that any new start on Akshaya Tritiya, also known as Akti and Akha Teej, will be prosperous and successful, and thus buy gold. Thus, on the occasion, jewellers are offering discounts to lure customers despite soaring prices.
Gold is not cheap for the retail customer. On top of the metal price, jewellers will also take making charges for any pieces, and the final bill will also include goods and services tax (GST). This is 3 per cent (comprising 1.5 per cent CGST and SGST each), which means, for gold worth ₹ 1 lakh you will shell out ₹ 3,000 towards GST.
Jewellery brands such as PC Chandra and Tanishq have announced discounts for customers buying gold, silver and diamond jewellery on Akshaya Tritiya 2025. We take a look: Anjali Jewellers is offering discounts on making charges. Director Annargha Uuttiya Chowdhury told PTI that they expect 'very good' sales, as 'consumer confidence in gold is at an all-time high'.
MP Jewellers has offered a ₹ 300 per gram discount on gold jewellery and a 10 per cent reduction in making charges.
300 per gram discount on gold jewellery and a 10 per cent reduction in making charges. PC Chandra Jewellers has declared a ₹ 200 per gram discount on gold rates, 15 per cent off on making charges, and a 10 per cent value discount on diamond purchases.
200 per gram discount on gold rates, 15 per cent off on making charges, and a 10 per cent value discount on diamond purchases. Tanishq is offering up to 20 per cent discount on making charges for gold.
Senco Gold has announced a flat ₹ 350 discount on gold rates along with up to 30 per cent off on making charges. MD and CEO Suvankar Sen said that despite high prices, the 'auspicious buying sentiment is expected to stay firm'.
Further, in a release, Jio Financial Services said it has launched the 'Jio Gold 24K Days' from April 29 to May 5, with offers for purchase of digital gold through its JioFinance and MyJio apps. 1 per cent free gold on purchases between ₹ 1,000– ₹ 9,999 with code: JIOGOLD1
1,000– 9,999 with code: JIOGOLD1 2 per cent free gold on purchases of ₹ 10,000 and above with code: JIOGOLDAT100
10,000 and above with code: JIOGOLDAT100 The offers are valid for up to 10 transactions per user; with maximum free gold capped at ₹ 21,000.
21,000. The bonus gold will be credited within 72 hours for lump sum purchases only (not SIPs). Akshaya Tritiya Gold Purchase Timings — 5.31 pm on April 29 to 5.41 am on April 30 (duration: 12.11 hours).
Auspicious Choghadiya timings overlapping Akshaya Tritiya — Evening Muhurat (Labha) — 8.16 pm to 21.37 pm; and Night Muhurat (Shubha, Amrita, Chara) — 22.57 pm to 3 am on April 30.
On April 30: Akshaya Tritiya Gold Purchase Timings — 05.41 am to 12.18 pm (duration: 8.30 hours).
Auspicious Choghadiya timings overlapping Akshaya Tritiya — Morning Muhurat (Shubha) — 10.39 am to 12.18 pm; and Morning Muhurat (Labha, Amrita) — 5.41 am to 9 am.
Key Takeaways Gold prices have decreased ahead of Akshaya Tritiya, making it a favorable time to purchase.
Jewellers are providing discounts on gold, silver, and diamond jewellery for the occasion.
Additional costs, such as making charges and GST, should be factored into the total price.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Mint
33 minutes ago
- Mint
Wait, What! Vegetable trader gets ₹29 lakh GST notice in Haveri, Karnataka
Shankar Gowda Hadimani, a vegetable vendor in Karnataka's Haveri received a ₹ 29 lakh GST notice from Bengaluru Tax Office. Hadimani argues he isn't registered for a GST number because there are no rules applicable to his business. The vendor says tax officials have indicated the notice could be revoked if his sales are confirmed. Speaking to ANI, Hadimani said, '... Since there are no GST rules on fruits and vegetables, I did not register for GST number. But I got a notice to pay ₹ 29 lakh in taxes for a business of over ₹ 40 lakh... The officials have told me that if it is proven that I have done so much business in vegetables, the notice will be withdrawn...' Hadimani's case highlights a wider issue in Karnataka involving the issuance of nearly 6,000 GST notices based on UPI transaction data. A report by PTI, citing a top tax official, described the action as being within the legal framework. Meera Suresh Pandit, Joint Commissioner of Commercial Taxes, explained that these notices are not final tax demands, and recipients can respond with supporting documents. She added that if the response is convincing or if the goods and services are exempt under the GST Act, the notices will be withdrawn, the report said. "When a person reaches the threshold limit of ₹ 20 lakh for services or ₹ 40 lakh for goods, it is mandatory for the person to get registered under the GST Act to take registration and declare his turnover," the officer told PTI. 'The registration empowers the trader to collect taxes from the consumers and pay it to the government. These taxes are meant for the government, but when the dealers collect them and fail to remit them, they are treated as unregistered persons, and we issue notices accordingly,' she added. She further claimed that the department cannot identify each trader avoiding registration; therefore, the Services Analysis Wing at the head office relies on sources such as UPI transaction data to detect potential defaulters. 'If a person has transacted over ₹ 20 lakh for services or ₹ 40 lakh for goods in a year through UPI, it indicates that they may be liable to register under GST,' Pandit said. Meanwhile, trade activist Sajjanraj Mehta expressed concerns regarding the fairness of the recent GST notices. He said that although the Commercial Taxes Department is legally allowed to use such data, the absence of prior warning, context, and awareness has led to confusion. "Many small traders were unaware that their UPI inflows, often a mix of business and personal transactions, would be treated as undeclared turnover," Mehta told PTI. "The fairness issue lies not in enforcement itself, but in the suddenness and lack of clarity," he added. Additionally, he asked the department to differentiate between exempt and taxable goods before issuing notices. He claimed that issuing notices without considering exempt goods such as fruits, vegetables, or unbranded food items demonstrates a lack of nuance. 'A more tailored, data-informed approach could have avoided unnecessary panic,' he said. Mehta recognised an increasing trend among vendors in Bengaluru and Mysuru to shift from UPI. "There is visible hesitation, especially in markets and grocery stores. Some vendors are reverting to cash or asking customers to avoid UPI. However, urban areas with tech-savvy customers still show strong digital payment usage," Mehta said.


Time of India
an hour ago
- Time of India
EU readies €100 billion no-deal plan to match Trump's 30% tariff
The European Union plans to quickly hit the US with 30% tariffs on some €100 billion ($117 billion) worth of goods in the event of no deal and if US President Donald Trump carries through with his threat to impose that rate on most of the bloc's exports after Aug. 1. As a part of a first wave of countermeasures, the EU would combine an already approved list of tariffs on €21 billion of US goods and a previously proposed list on an additional €72 billion of American products into one package, a European Commission spokesman said on Wednesday. Explore courses from Top Institutes in Please select course: Select a Course Category Artificial Intelligence MBA Technology healthcare Cybersecurity Degree PGDM Operations Management Public Policy Healthcare Product Management Data Analytics CXO Others Data Science others Data Science MCA Leadership Project Management Finance Management Design Thinking Digital Marketing Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details The US exports, which include industrial goods such as Boeing Co. aircraft, US-made cars and bourbon whiskey, would face a levy that matches Trump's 30% threat, according to people familiar with the matter. The tariffs would be prepared to come into force next month but only if there is no deal and the US implements its levies after the August deadline, said the people who spoke on condition of anonymity to discuss private deliberations. The euro extended a fall after the report, down 0.3% at $1.1723, leading losses among major currencies. German bonds trimmed an earlier decline. Live Events The plans come as EU member states, including Germany, have hardened their positions in response to the US stiffening its negotiating stance. Berlin would be willing to even support the activation of the EU's anti-coercion instrument, or ACI, in a no-deal scenario, a government official said on condition of anonymity. This tool would come into play only if a deal fails to materialize. Trump announced two tariff deals on Tuesday — one with the Philippines and another with Japan, and both featured across-the-board duties on their imports that were lower than initially threatened. Also noteworthy was the 15% US levy on Japanese autos that was lower than the current 25% rate on major car exporters including the EU. European leaders are in Tokyo on Wednesday and Beijing on Thursday for talks with some of the the bloc's biggest trading partners in Asia. The ACI is the 27-nation EU's most potent trade tool and a growing number of member states is pushing for its use if a deal isn't reached. The instrument is primarily designed as a deterrent and is currently not on the table, with its activation requiring a qualified majority of member states to support the move. The ACI would enable the EU to launch a broad range of retaliatory actions, including new taxes on US tech giants, targeted curbs on US investments, and limiting access to the EU market. 'We are now approaching the decisive phase in the tariff dispute with the USA. We need a fair, reliable agreement with low tariffs,' German Chancellor Friedrich Merz told reporters in Berlin on Tuesday after a meeting with his Czech counterpart Petr Fiala. 'Without such an agreement, we risk economic uncertainty at a time when we actually need exactly the opposite.' The Commission, the EU's executive arm, is discussing the instrument with member states, the people said. While some capitals having been pushing to use the tool, most want to wait to see how the situation develops beyond Aug. 1 before progressing discussions further to try to achieve the required majority, they added. The overwhelming preference is to keep negotiations with Washington on track in a bid for an outcome to the impasse ahead of next month's deadline. EU and US negotiators are scheduled to continue talks on Wednesday.


The Hindu
an hour ago
- The Hindu
Sensex jumps nearly 540 points on buying in bluechip banks, oil shares
Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday (July 23, 2025) on heavy buying in banking giants and oil shares and a positive trend in Asian markets after Japan secured a trade deal with the U.S. The 30-share BSE Sensex jumped 539.83 points or 0.66% to settle at 82,726.64. During the day, it surged 599.62 points or 0.72% to 82,786.43. The 50-share NSE Nifty gained 159 points or 0.63% to settle at 25,219.90 as 37 of its constituents advanced and 13 declined. Among Sensex firms, Tata Motors rose the most by 2.51%. Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were also the major gainers. Private banking giants HDFC Bank and ICICI Bank hit their 52-week high levels intra-day before settling nearly 1% higher. Value buying in Reliance Industries, following five days of losses, also supported the rally. RIL shares closed higher by 0.83%. However, Hindustan Unilever, UltraTech Cement, Bharat Electronics and ITC were among the laggards. 'The Indian equity market demonstrated resilience despite a mixed start to Q1 FY26 earnings. Positive global cues, underpinned by optimism surrounding the U.S.-Japan trade agreement, have supported sentiment. Additionally, progress toward finalising the India-U.K. FTA has further contributed to the constructive outlook. 'Continued advancements in global trade negotiations are expected to alleviate near-term trade tensions and foster greater market stability. While elevated valuations remain a concern, the prevailing market strength indicates potential for near-term earnings recovery. However, the pace and sustainability of this recovery will be critical in shaping the market's forward trajectory,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE midcap gauge climbed 0.24% and smallcap index went up by 0.05%. Among BSE sectoral indices, telecommunication jumped 1.14%, followed by auto (0.86%), bankex (0.75%), tech (0.74%), financial services (0.70%), healthcare (0.70%) and energy (0.65%). Realty dropped 2.60%, FMCG (0.46%), capital goods (0.31%) and services (0.20%). In Asian markets, Japan's Nikkei 225 index jumped 3.51% as U.S. President Donald Trump announced a trade deal with Japan, with a 15% tax on goods imported from that country. South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in positive territory. 'On the global stage, investor sentiment soared following optimistic developments surrounding the U.S.-Japan trade pact, igniting expectations for further international agreements in the near future,' according to Ashika Institutional Equities. Markets in Europe were trading in the green. The U.S. markets ended mostly higher on Tuesday (July 22, 2025). Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,548.92 crore on Tuesday (July 22, 2025), according to exchange data. Domestic Institutional Investors (DIIs) bought stocks worth ₹5,239.77 crore in the previous trade. Global oil benchmark Brent crude dipped 0.45% to $68.29 a barrel. The rupee stayed weak for the sixth consecutive session and settled with a loss of 3 paise at 86.41 against the dollar on Wednesday (July 23, 2025), amid a strong American currency and outflow of foreign funds.