Tuesday, 22 December 2015

Quote of the day 23rd December 2015

“Making PAN card compulsory for making a purchase of Rs 2 lakh and above is a negative step for the jewellery industry. As of 31st March, 2015, there are approx. 22.3 crore PAN cards issued in India. Will it be justifiable to ask for a PAN card to approximately 89-90% of the population who do not possess one?”

Ashok MinawalaDirector, All India Gems and Jewellery Trade Federation (GJF)

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