Platinum Member
172212 Followers
Govt enforces KYC norms on retail purchase of gold. Will gold buying drop on this mov... Read full message
5.32 PM Mar 13th   | Track |  Tracked by : 3 boarders
Replies (145)
New Member
0 Follower
YES IT WILL FALL
8.43 AM Mar 25th
Guest
Now one PAN No will be used by jewellers for multiple purchases
9.59 AM Mar 22nd
New Member
0 Follower
yes
12.52 PM Mar 16th
Platinum Member
34 Followers
You will be surprised, we Indian are ingenious in finding more than one way to skin a cat.
11.16 AM Mar 16th
Platinum Member
3 Followers
No, as these purchasing are done by politicians,government oficials and their associates,and gold dealer have strength to ask kyc form these community, even banks ask for pancard for transaction above 50,000 rs what they have gained only harassement to honest ,law abiding consumer even banks do not ask govt officials andpoliticians their associates,g community any thing
9.45 AM Mar 16th
Guest
what about the gold kept for generations of Indian people ? Will Govt. with their power open all lockers and take valuation of gold with KYC available at Banks in India ! But dont look at Swis Bank for currency
1.59 AM Mar 16th
Gold Member
16 Followers
Gold is a hedge against inflation. Not possible to destroy demand this way, as buyers will find a way out. If people are allowed to buy foreign company`s stock using dollars, why cannot a small farmer can buy some ornaments for his daughters marriage or simply as investment?
There should not be 2 sets of rules in a country.
3.46 PM Mar 15th
New Member
0 Follower
yes
3.34 PM Mar 15th
Silver Member
2 Followers
Govt ko Gold holding ki limit bhi banani chahiye har kharid dar se sari information leni chahiye pan no lena chahiye jissi aam aadmi bhi kuch sasta sona kharid sake.kyoki bechare logo ko majboori me shadiyo me mahga sona kharidna padta he...
2.57 PM Mar 15th
Silver Member
17 Followers
Street side jewelrs will gain from this move.
1.09 PM Mar 15th
Silver Member
2 Followers
If it is honestly implemented then Sales will definitely fall.
11.40 AM Mar 15th
Gold Member
22 Followers
good and informative
11.26 AM Mar 15th
Gold Member
22 Followers
fine yaar
11.25 AM Mar 15th
Gold Member
22 Followers
good
11.24 AM Mar 15th
Gold Member
1 Followers
noooooooooooooooooooooooooo
10.46 AM Mar 15th
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(March 07, 2013)

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