💰 You can buy.. but they can't sell.. 🌟 Actually you can buy gold no matter how much you spend. 💰💍 You can buy gold by paying any amount of cash. 💰🛍️
But the income tax department has imposed some restrictions on the seller. 💼💼 The Income Tax Act places restrictions on the recipient receiving cash of two lakh rupees or more in respect of a single transaction. 💼💼
🚫 So whatever amount you can pay to buy gold, jewelers will not accept cash above two lakh rupees per transaction. 🚫💼 Because the law prohibits the sale of jewelry from receiving two lakh rupees or more per transaction. 🚫💰
