Passport status online

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Passport status online

• BY Ipancardstatus.co.in

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• Meanwhile, Titan Company Ltd, among Indias
  biggest dealers, said within a statement December
  17 the amendments are targeted at curbing the
  nations blackmarket and broadening its tax base.

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• While the newest limit on PAN card disclosure
  could negatively impact cash sales of jewellery,
  a lot less than 10 percent of Titans jewelry
  revenue within the recent past originates

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• Sreedhar GV, chairman, All India Gem Jewellery
  Trade Federation (GJF) said Passport status
  online This is just not practical all of which
  will discriminate 70 with the rural buyers
  including farmers as is also not under tax net
  and never have PAN cards .

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• We urge the Government to clear out pan card
  requirement in jewellery sector and keep
  status-quo on use of TCS on sales of bullion on
  Rs. 2 lakh additionally, on Rs. 5 lakh of bijou.

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• Mr. Sreedhar further said "The gems and jewellery
  sector is just not a source to draw in black
  money because there's a value addition of 15-20
  in developing products while bullion can be a
  preferred segment for investment by black money
  holders.

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• Today, people purchase jewellery items besides
  for their daily uses but in addition for
  essential purposes like festive and religious
  functions including marriages".

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• Overall, GJF believes the decision on imposing
  pan card restriction will not be fair and
  justifiable under law because it tantamount to
  discrimination against many populations who don't
  charge pan card number.

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• In India, hardly eight to ten per cent of
  population has pan card and numerous rural buyers
  of bijou will be missing out on buying jewellery
  items for marriages of these family members.

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• Mr. Ashok Minawala, Director, GJF, said, "We is
  going to be facing problems of encouraging buyers
  to see our showrooms since the newest restriction
  of go here for getting jewellery articles above
  Rs 2 lakh.

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• It is often a negative step with the industry
  because this would neutralize benefits arising
  away from monetization scheme which can be
  positive.
• As of 31st March, 2015, you'll find approx. 22.3
  crore PAN cards issued in India.

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