Friday 14 April 2017

Reader’s Response: Impact of budget 2017 on the jewellery industry

                                                    Pan limit unchanged

The Finance Minister has shown his willingness to support our industry by not reducing PAN Card limit for jewellery purchase, which could have been severe blow. Our industry has demonstrated and supported the government in implementing the Central Excise and is encouraging the customers to make digital payments.

Ramesh Davanam
CEO, Davanam Jewellers, Bangalore.

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