How much gold can you buy in cash and are PAN, Aadhaar details mandatory? Here’s what legal experts say - Qoneqt
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    Swayam Karle in India

    17 May 06:00 PM


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    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.