Details to fill in pan card application - PowerPoint PPT Presentation

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Details to fill in pan card application

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Title: Details to fill in pan card application


1
Online Pan card correction form
  • BY Ipancardstatus.co.in

2
  • 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.

3
  • 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

4
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5
  • Sreedhar GV, chairman, All India Gem Jewellery
    Trade Federation (GJF) said Download Pan card
    correction form "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 .

6
  • 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.

7
  • 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.

8
  • Today, people purchase jewellery items besides
    for their daily uses but in addition for
    essential purposes like festive and religious
    functions including marriages".

9
  • 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.

11
  • 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 click here for getting jewellery articles
    above Rs 2 lakh.

12
  • 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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THANKS
  • CREDIT Ipancardstatus.co.in
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