https://www.taxtmi.com/news?id=53464 Seasonal monsoon-driven diamond hunting in Rayalaseema operates as an informal, high-value local market outside regulatory oversight. Private sales to traders and syndicates predominate, producing vulnerabilities from asymmetric information, depressed pricing tactics, and occasional threats of legal action. Locals have adopted small public auctions and social-media sales to improve outcomes, while calls grow for government intervention-such as minimum pricing, certification, and dispute-resolution mechanisms-though officials note practical challenges to formal regulation. en-us Mon, 25 Aug 2025 09:31:04 +0530 Mon, 25 Aug 2025 09:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53464 Seasonal monsoon-driven diamond hunting in Rayalaseema operates as an informal, high-value local market outside regulatory oversight. Private sales to traders and syndicates predominate, producing vulnerabilities from asymmetric information, depressed pricing tactics, and occasional threats of legal action. Locals have adopted small public auctions and social-media sales to improve outcomes, while calls grow for government intervention-such as minimum pricing, certification, and dispute-resolution mechanisms-though officials note practical challenges to formal regulation. News - Mon, 25 Aug 2025 09:31:04 +0530 https://www.taxtmi.com/news?id=53464