Income Tax Department’s outreach programme for jewellery traders
The Income Tax Department in Thoothukudi held an outreach program for jewellery traders to clarify provisions of the Income-tax Act, 2025. The session covered compliance requirements such as cash transaction limits, PAN usage, and the filing of returns.
Why it matters
Outreach programs help bridge the gap between tax authorities and small business owners, ensuring better regulatory compliance in the informal and retail sectors.
The Income Tax Department, Thoothukudi, organised an outreach programme for jewellery traders on Tuesday to create awareness of the key provisions of the Income-tax Act, 2025.
The programme was held at the All India Chamber of Commerce and Industries, South Raja Street here under the guidance of Vivekanandan, Principal Commissioner of Income Tax and Yaseer Arafat, Additional Commissioner of Income Tax, Thoothukudi.
Around 50 jewellery shop owners and representatives of jewellery traders’ associations participated in the programme.
Income Tax Officers Kanda Saravanan and Shanmuga Sundar Raj explained the key provisions relevant to the jewellery trade, including maintenance of accounts, cash transaction limits, PAN and Form 60 requirements, purchase of old gold and filing of income-tax returns.
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