No Need to Fear on Losing PAN, Aadhaar, Passport etc., Use This Government Service to keep them Safe

DigiLocker means Digital Locker is very much in discussion these days. Actually, this is a system where all your important documents can remain safe and secure. Apart from this, even if you forget the driving license and the RC of the vehicle at home in a hurry, you will not have to worry because the […]

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Haven’t Submitted PAN Yet? You Have to Pay Tax on the Earnings, 4 Points to Get Relief

If you invest in stocks or mutual funds of companies, then there is a shocking news for you. From April 1, 2020, dividend distribution tax (DDT) on earnings from dividends of shares and mutual funds has been abolished. According to this new rule applicable from April 1, now investors will have to pay tax on […]

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Lost or misplaced your PAN card? Here’s how to get a duplicate one online

Before you apply for a duplicate one, there are certain prerequisites that need to be fulfilled. After completion of applying for a duplicate PAN card, it will be dispatched to the communication address of the cardholder, available with the I-T Department. PAN (Permanent Account Number) cards are required in India to conduct various financial transactions. […]

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I-T dept to share PAN, bank account data with CBI, ED and other probe agencies

The Income Tax Department will share bank account details and Permanent Account number (PAN) with investigative and intelligence agencies, according to a report by Press Trust of India. These agencies are — the Central Bureau of Investigation, Directorate of Revenue Intelligence, Enforcement Directorate, Central Board of Indirect Taxes and Customs, Cabinet Secretariat, Intelligence Bureau, Directorate […]

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Income tax dept can share PAN data with Financial Intelligence Unit: 5 points

As per the Central Board of Direct Taxes, the Income Tax Department can now share the PAN data of an individual or an entity with Financial Intelligence Unit (FIU). This sharing of data will assist FIU to dig deeper into large cash transaction or any suspicious transactions at the banks. The order to share the […]

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If You are an SBI Customer, Know this Thing Immediately, Otherwise You will have to Pay a Huge Tax

SBI has informed its customers about the TDS cutting rules. The bank said that if cash withdrawal of 20 lakh rupees or more is made annually, then customers may have to pay full TDS. If you are a customer of State Bank of India (SBI) and withdraw cash of 20 lakh rupees from your account […]

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