Permanent Account Number or PAN card issued by the Income Tax (IT) departments is witnessing a total revamp and changes at lightning fast speed. Income Tax department had issued some new guidelines which one needs to keep in mind before applying for a new PAN or getting some corrections done to an existing PAN. The […]
The Income Tax Department has released a notification specifying some new rules for PAN (permanent account number) card applicants and for those without PAN. The new PAN card rules will become effective from 5th December 2018. The new notification specifies that financial entities which make transactions amounting to Rs. 2.5 lakh or more in a […]
The Income Tax department has come up with an ‘instant’ Aadhaar-based PAN allotment service for individuals who wish to obtain the unique identity for the first time. A fresh PAN will be allotted on the basis of a one-time password (OTP) sent over the “active mobile number” linked with the valid Aadhaar number of an individual, […]
With the advent of digitisation everything is now online and in soft format. We now get a soft copy of most documents and to prevent its misuse all these documents are password protected. With ITR acknowledgment to Income Tax notice to Aadhar card. All of them are password protected. Since each of these documents has […]
