Friday, January 31, 2025 | 07:28 PM ISTEN Hindi
Business Standard
Notification Icon
userprofile IconSearch

Page 2 - Pan Card

PAN mandatory for cash deposit or withdrawal of Rs 20 lakh or more

PAN will also be required for opening of current and cash credit account

PAN mandatory for cash deposit or withdrawal of Rs 20 lakh or more
Updated On : 12 May 2022 | 8:44 AM IST

Quoting PAN or Aadhaar must for deposit or withdrawal of Rs 20 lakh or more

CBDT said furnishing the PAN or Aadhaar will be mandatory for such high-value deposits or withdrawals from banks, or opening of a current account or cash credit account with a bank or post office

Quoting PAN or Aadhaar must for deposit or withdrawal of Rs 20 lakh or more
Updated On : 11 May 2022 | 6:35 PM IST

Linking PAN & Aadhaar is inevitable: What happens after March 31

The fee will be Rs 500 for those who link their PAN with Aadhaar between April 1 and June 30, 2022

Linking PAN & Aadhaar is inevitable: What happens after March 31
Updated On : 02 Apr 2022 | 11:27 AM IST

PAN to become inoperative after March 2023 if not linked to Aadhaar

For those who do not have access to income tax portal, the linking process is made available through SMS also

PAN to become inoperative after March 2023 if not linked to Aadhaar
Updated On : 30 Mar 2022 | 9:01 PM IST

CBIC cautions against sharing Aadhaar, PAN details without valid reasons

"Protect your personal data which may be used for creating fake entities in GST for evasion of taxes," the CBIC tweeted

CBIC cautions against sharing Aadhaar, PAN details without valid reasons
Updated On : 03 Mar 2022 | 2:46 PM IST

LIC policyholders must update PAN details by Feb 28 to participate in IPO

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March

LIC policyholders must update PAN details by Feb 28 to participate in IPO
Updated On : 15 Feb 2022 | 7:36 PM IST

PAN-Aadhaar linkage deadline extended by six months till March 2022

The government on Friday extended by six months till March 2022 the deadline to link PAN with biometric ID Aadhaar. In a statement, the Central Board of Direct Taxes (CBDT) said to address the hardship being faced by various stakeholders on account of the COVID-19 pandemic, the timeline has been extended which will ease compliance. "Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022," it said. Also, the due date for completion of penalty proceedings under the I-T Act has been extended from September 30, 2021 to March 31, 2022. Further, the time limit for issuance of notice and passing of order by the Adjudicating Authority under the Prohibition of Benami Property Transactions Act, 1988 has been extended to March 2022.

PAN-Aadhaar linkage deadline extended by six months till March 2022
Updated On : 18 Sep 2021 | 12:36 AM IST

Over 2.58 mn ITRs filed, 0.79 mn e-PANs allocated at new IT e-filing portal

The new Income Tax Department website, which has been marred by glitches, has successfully received over 2.5 million returns, more than 35.7 million unique logins

Over 2.58 mn ITRs filed, 0.79 mn e-PANs allocated at new IT e-filing portal
Updated On : 29 Jul 2021 | 8:41 PM IST

IBBI puts out Aadhaar, PAN info of creditors on website; removes them later

A senior official said the details came into the public domain "inadvertently" as the regulator is working on a beta project to host the information of creditors

IBBI puts out Aadhaar, PAN info of creditors on website; removes them later
Updated On : 27 Jun 2021 | 6:24 PM IST

The future of taxation is automation

The finance ministry's new online tax filing system will help expand the tax base by reducing the time and effort required to register a new taxpayer and create a permanent account number

Image
Updated On : 13 Jun 2021 | 10:17 PM IST

Foreigners won't need PAN for investment in GIFT alternate investment funds

PAN requirement will no longer apply to such investors

Foreigners won't need PAN for investment in GIFT alternate investment funds
Updated On : 05 May 2021 | 10:26 PM IST

Covid impact: Govt extends deadline for PAN-Aadhaar linkage till June 30

The income tax department said it has received representations from taxpayers for the extension in the wake of the ongoing Covid pandemic

Covid impact: Govt extends deadline for PAN-Aadhaar linkage till June 30
Updated On : 31 Mar 2021 | 8:58 PM IST

Push Rupay as first option, seed accounts with Aadhaar by Dec: FM to banks

Retired bank employees should not be forgotten; bankers should be a cohesive family such as in defence, says Sitharaman

Push Rupay as first option, seed accounts with Aadhaar by Dec: FM to banks
Updated On : 11 Nov 2020 | 4:05 PM IST

Lower tax collected at source rate on funds remitted for education

But a higher rate will be levied if PAN isn't furnished

Lower tax collected at source rate on funds remitted for education
Updated On : 07 Oct 2020 | 12:46 AM IST

New procedure on promoters' PAN applies under takeover norms also: Sebi

In order to align the practices, Sebi on Wednesday asked depositories and exchanges to use the new procedure of capturing the PAN of the promoters from listed companies for disclosures under the takeover norms also. Earlier this month, the regulator put in place a detailed procedure for system-driven disclosures under the PIT (Prohibition of Insider Trading) Regulations. This system-driven disclosures will pertain to trading in equity shares and equity derivative instruments -- futures and options -- of the listed company by such entities. The new framework required that the capture of the Permanent Account Number (PAN) of the entities be done from the listed company itself, rather than through the registrar and share transfer agents (RTAs). In order to align the practices, it has been decided to use the procedure of capturing the PAN of the promoters from listed companies as stipulated by the regulator earlier this month for SAST (Substantial Acquisition of Shares and Takeover) no

New procedure on promoters' PAN applies under takeover norms also: Sebi
Updated On : 23 Sep 2020 | 9:00 PM IST

Eligibility to prepare e-invoice under GST based on PAN, says expert

One have to prepare e-invoice for all your supplies with effect from October 1, 2020, expert suggests

Eligibility to prepare e-invoice under GST based on PAN, says expert
Updated On : 22 Sep 2020 | 12:53 AM IST

IT dept launches functionality for banks to check refund filing status

The Income Tax department on Wednesday said it has launched a functionality for scheduled commercial banks to check status of income tax returns filed by entities based on their PAN

IT dept launches functionality for banks to check refund filing status
Updated On : 02 Sep 2020 | 10:32 PM IST

Taxpayers don't need to mention high-value transactions in ITR form: Report

Government is not considering any modification in the ITR form

Taxpayers don't need to mention high-value transactions in ITR form: Report
Updated On : 17 Aug 2020 | 10:33 AM IST

Income tax scrutiny down in AY18; Delhi faced the highest, Bihar the least

Gujarat the most tax-compliant state in terms of proportion of return filers to PAN holders

Income tax scrutiny down in AY18; Delhi faced the highest, Bihar the least
Updated On : 05 Aug 2020 | 4:34 PM IST

In pictures: All updates on Income Tax deadlines, exemptions, GST fine

Here are the eight major announcements by the govt in the recent past

In pictures: All updates on Income Tax deadlines, exemptions, GST fine
Updated On : 04 Jul 2020 | 3:55 PM IST