Country’s top lender State Bank of India (SBI) has asked its account holders to update their PAN details with the bank in order to enjoy seamless international transactions through SBI debit cards. Taking to Twitter, SBI tweeted: “Having trouble with the international transactions? Update your PAN details in the bank’s record to enjoy seamless foreign transactions […]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..
All of us know how important Permanent Account Number or PAN is. It is not only an identity proof but an important document for financial transactions and for filing income tax returns. e-PAN is a valid proof of PAN. e-PAN has a QR code that possesses demographic details of PAN card holders such as the […]Continue Reading..
The Income Tax (I-T) department on September 2 said it has launched a functionality for scheduled commercial banks to check status of income tax returns filed by entities based on their Permanent Account Number (PAN). The I-T department has already provided a functionality ‘Verification of applicability u/s 194N’ for banks and post offices since July […]Continue Reading..