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https://www.bankbazaar.com/gold-rate/pan-card-mandatory-to-buy-gold-worth-rs-two-lakh-or-more.html
Furnishing PAN card details for gold purchase was made mandatory by the Government of India for transactions valued at Rs.2 lakhs and above. The rule impacted the organised jewellery trade affecting more than 50% of business in terms of value. Prior to 1st January 2016, PAN details were required only for purchase of Rs.5 lakhs and above.
https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/now-no-pan-card-required-for-jewellery-purchase-of-over-rs-50000/articleshow/60973541.cms
Oct 06, 2017 · ET Bureau. NEW DELHI: Jewellery purchases exceeding Rs 50,000 won’t require the income tax permanent account number ( PAN) to be provided after the government reversed an earlier notification on Friday, providing a big festive cheer for the sector and potential customers. Jewellers will also not be required to inform authorities about ...
https://timesofindia.indiatimes.com/business/india-business/PAN-card-must-to-purchase-jewellery-worth-over-Rs-5-lakh/articleshow/8783665.cms
Jun 09, 2011 · The rule also stated that the PAN number is necessary for use of debit card, insurance payments exceeding Rs 50,000 a year, buying jewellery or bullion exceeding Rs 5 lakh. As per the old act PAN ...Estimated Reading Time: 1 min
https://zeenews.india.com/bullion/pan-or-aadhar-not-required-for-gold-purchase-but-there-is-a-catch-2334954.html
Jan 09, 2021 · NEW DELHI: The Department of Revenue (DoR), Ministry of Finance has clarified that any purchase of gold, silver, jewellery, or precious gems and stones below Rs 2 lakh does not require PAN or Aadhaar of a customer as mandatory Know Your Customer (KYC) document. Sources said that the notification issued under PML Act, 2002, on December 28, 2020, is a requirement of FATF …Author: Zee Media Bureau
https://m.economictimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/gold-jewellers-dissatisfied-over-mandatory-pan-card-on-purchase-of-rs-2-lakh/articleshow/50216409.cms
Dec 17, 2015 · KOLKATA: Gold jewellers feel that making PAN card mandatory for transaction worth Rs 2 lakh and above will will affect rural demand. Sreedhar GV, chairman, All India Gem & Jewellery Trade Federation said “This is not practical and will discriminate 70% of the rural buyers including farmers as they are not under tax net and do not have PAN cards.
https://www.zeebiz.com/personal-finance/news-buying-gold-jewellery-dont-forget-to-do-this-else-you-may-invite-trouble-all-details-here-145371
Jan 07, 2021 · As per details available, jewellery shop owners will ask you for photo id proof and PAN card details, if you are buying gold jewellery. Earlier, the KYC, PAN and photo ID rule was applicable to jewellery over Rs 2 lakhs only.Estimated Reading Time: 3 mins
https://news.rediff.com/commentary/2017/oct/06/pan-card-not-required-for-jewellery-purchase-of-over-rs-50000/9f696c95eec8a1a1c1a214a1d734a21c
Oct 06, 2017 · The government has just announced that those who wish to purchase jewellery above Rs 50,000 do not require to show their PAN card. Additionally, the government has …
https://economictimes.indiatimes.com/topic/PAN-card-for-jewellery
Jan 25, 2021 · PAN card for jewellery Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. PAN card for jewellery Blogs, Comments and Archive News on Economictimes.comEstimated Reading Time: 4 mins
https://moneyexcel.com/13085/20-pan-card-changes-must-aware/
22 rows · May 24, 2018 · Purchase of jewelry/bullion – Earlier this limit was 5 Lakh, however now …Estimated Reading Time: 5 mins
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