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PAN link to bank accounts must for tax refunds

Friday, March 1, 2019, 7:10 AM

The Income-Tax (I-T) Department will only issue electronic refunds directly into taxpayers' bank accounts from March 1 and they should link PAN with their accounts, according to an official communication. "Link your PAN (permanent account number) with your bank account to get your refund directly, swiftly and securely," the department said in a public advisory issued on Wednesday.
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Soon, you could get PAN card in 4 hours

Wednesday, December 5, 2018, 8:33 AM

Now, you may get your PAN card in four hours with the tax department planning a string of reform measures such as pre-filled returns which would need to be endorsed by an assessee and faster processing of returns, a tax official said. He said the returns form has also been simplified and processing of refunds has been frontloaded to facilitate ease of doing business.
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Now, mentioning father's name not mandatory in PAN application

Monday, September 3, 2018, 6:49 PM

In an empowering move, the government is set to make mentioning father's name not-mandatory when applying for a new PAN-card. This will be a huge relief for the children of single mothers or divorced/separated women who don't wish to name their husbands in the application. The proposed draft amendments, along with comments and suggestions, will be taken up after September 17, said officials.

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