KYC threshold expected to be cut for jewellery buying in Budget

In a major blow to the already struggling jewellery sector in India, the government might cut the threshold limit for the requirement of the permanent account number (PAN) or Unique Identity Code (Adhaar Number) in urban, and Kisan Credit Card number in rural areas for jewellery or bullion purchases between Rs 50,000-100,000, post Union Budget … Read more KYC threshold expected to be cut for jewellery buying in Budget

KYC threshold expected to be cut for jewellery buying in Budget

In a major blow to the already struggling jewellery sector in India, the government might cut the threshold limit for the requirement of the permanent account number (PAN) or Unique Identity Code (Adhaar Number) in urban, and Kisan Credit Card number in rural areas for jewellery or bullion purchases between Rs 50,000-100,000, post Union Budget … Read more KYC threshold expected to be cut for jewellery buying in Budget