You must have gotten an SMS from your bank or mutual fund house or other financial institution about linking Aadhaar and Permanent account number (PAN) as today is the last date to do so. In case you fail to do so, you will have to pay a penalty of Rs1,000 as per the new rules of […]Continue Reading..
PAN Aadhaar Link Status Check: Aadhaar-PAN link deadline is fast approaching. 31st March, 2021 is the last date for PAN Aadhaar seeding. Failing to do that will mean your PAN card becomes inoperative. Financially, that is not advisable. While announcing the PAN-Aadhaar linking deadline, the Income Tax Department made it quite clear that all those […]Continue Reading..
The last date for linking of Aadhaar and PAN (permanent account number) is 31 March. In case you don’t do it, your PAN will become invalid. In the Finance Bill, 2021, passed by the Lok Sabha on Tuesday, the government has introduced an amendment under which a person will be liable to pay a late […]Continue Reading..
We might have faced some times when you are not carrying your PAN Card with you and need to immediately quote it in some document. Even if you have committed your PAN number to memory, recalling it can be difficult at times. How do you find it? Here are some ways in which you can […]Continue Reading..
The 12-digit number issued by UIDAI to citizens in the country is known as Aadhaar number and it is mainly used in banks, income tax identification, and public distribution system. It also acts as an address and ID proof. Whereas, the PAN card is a unique 10-digit identification number. While the Aadhaar card can be used as a proof of identity and […]Continue Reading..
27-year-old sales executive Anuj Kumar Srivastav draws a monthly salary of Rs 25,000. Imagine his surprise when he found that he was named as a Director of about 13 companies and had ‘allegedly’ transacted in over Rs 20 crores within a few months. An Income Tax notice sent to Anuj was what helped him take […]Continue Reading..
A PAN card issued in the name of a minor does not contain the minor’s photograph or signature, and therefore, cannot be used as a valid proof of identity. Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records. A new card is then issued bearing a photograph and […]Continue Reading..
Permanent Account Number (PAN) holds extreme importance in India, not only for Income Tax purposes but also as a proof of identity. Any incorrect information on your PAN can lead to problems in future. So it is advised to get the mistakes and inaccuracies in your PAN corrected as soon as possible. How to Apply […]Continue Reading..
There can be times when you are not carrying your PAN Card with you and need to immediately quote it in some document. Even if you have committed your PAN number to memory, recalling it can be difficult at times. How do you find it? Here are some ways in which you can find your […]Continue Reading..
Permanent Account Number (PAN) is a unique alphanumeric code which stores the financial history of a person. It can be used as an identity proof as well. Thus it is very necessary to have the correct information in the document. Photo and signature are very important in PAN. It is required for verification at the […]Continue Reading..