How much gold can you buy in cash and are PAN, Aadhaar details mandatory? Here’s what legal experts say
New regulations mandate PAN or Aadhaar for gold purchases over a limit. Income Tax Act prohibits cash transactions exceeding Rs 2 lakh in a day. KYC compliance and PMLA rules affect high-value transactions.
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Be a part of verified social community platform. Qoneqt intends to bring authenticity in communication between communities and Individuals online with real faces.