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Applying for new PAN card? Check out rules that came into effect today

Wednesday, December 5, 2018, 8:39 PM

New Permanent Account Number (PAN) card rules issued by the Department of Revenue have been implemented starting Wednesday (December 5) for allowing flexibility to new taxpayers and to check tax evasion. Under the new PAN card rules, mentioning father's name in the application forms will not be mandatory for select applicants who only have their mother as a parent.
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75 lakh new tax filers added to income tax list this fiscal: Official

Monday, November 5, 2018, 11:04 AM

About 75L new tax filers have been added to the income tax payers list in the country this fiscal till now, a senior official said. The target for taxman is to add 1.25 crore fresh tax filers by the end of 2018-19 financial year that ends in March next year, as per a directive of the CBDT. The CBDT frames policy for the ITD.
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India's 'crorepati' count up at 81,000: CBDT

Monday, October 22, 2018, 8:22 PM

The number of taxpayers earning above Rs 1 crore per annum has risen to over 1.40 lakh in the country in the last four years, depicting a growth of about 60%, the CBDT said. Releasing key statistics of income tax and direct taxes for a period of about four-years.

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