Sunday, September 29, 2019, 12:53 PM
The CBDT on Saturday extended the last date for intimating Aadhaar number and linking it with PAN by three-months to December 31. The last date for linking PAN with Aadhaar was 30 September. Biometrics identification enabled by Aadhaar proves the identity of the PAN holder. The move is expected to eliminate multiple PANs held by the same person with a motive to evade taxes.
26 July 2019, Friday
Permanent Account Number or PAN is a ten-digit alphanumeric number issued by the Income Tax Department of India. PAN is issued to all taxpayers in Ind ...
17 July 2019
How your PAN card can be misused? PAN card which is also known as the permanent account number is a 10-digit alphanumeric identity, allotted by the Income Tax Department to each taxpayer in India. ...
Tuesday, July 9, 2019, 3:35 PM
Making it easier to get a PAN, the Income Tax department is now working on a new plan under which e-PAN cards can be allotted to applicants instantly. Minister of State for Finance Anurag Singh Thakur has told the Lok Sabha that the government is planning a PAN/TAN processing centre which will allot e-PANs in real-time or a maximum of 10 minutes.
Sunday, July 7, 2019, 6:19 PM
The taxman will "suo motu" allot a fresh PAN to a person who files I-T returns with only Aadhaar as part of a new-arrangement to link the two databases, the CBDT chief said after the Budget proposed that only the biometric ID is enough for tax purposes. Currently, while over 120 Aadhaar-numbers have been issued in the country, about 41-crore PAN-numbers have been generated.
02 April 2019, Tuesday
After filing your income tax return, the next step is to verify it. The Income Tax Department starts to process income tax return only ...
08 March 2019, Friday
What is Cash Loan? Cash loan is the money borrowed for short term needs and is expected to be repaid as soon as the borrower receives monthly salar ...
Thursday, February 28, 2019, 12:33 PM
The IT-Department will "only" issue refunds via the e-mode into bank accounts of taxpayers beginning next-month and they should link PAN with their accounts, the taxman said. The department said refunds will be sent to bank accounts as it will issue "only e-refunds from March-1, 2019." Link your PAN with your bank account to get your refund directly, swiftly and securely, the department said.
25 February 2019, Monday
The performance of mutual fund schemes are measured by Net Asset Value or NAV. Net Asset Value is the market value of all securities of a mutual fund ...
21 February 2019, Thursday
The stock markets were great in 2017. Some of the IPOs gave more than 300% returns in 2017. Avenue S ...
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