A jewellers’ federation has opposed the government’s decision for mandatory furnishing of PAN details for transactions above Rs 2 lakh. The measure has been introduced to curb the flow of black money into the system and discourage the use of cash transactions for high-value purchases.
The All India Gems and Jewellery Trade Federation (GJF), national trade federation of the gems and jewellery sector, said the decision would hurt the industry and prevent people from rural India from...
Jewellers oppose PAN for deals over Rs 2 lakh
The All India Gems and Jewellery Trade Federation (GJF), national trade federation of the gems and jewellery sector, said the decision would hurt the industry and prevent people from rural India from...
Jewellers oppose PAN for deals over Rs 2 lakh