PAN requirement: How your life will change from 1 January
A look at where the tax department’s new rules will apply
In an attempt to curb black money and encourage people to move towards cashless transactions, the income tax department has changed some rules related to the Permanent Account Number (PAN). The rules, which apply to financial transactions, will come into effect on 1 January. Listed here are some of the changes that will come into force.
A look at where the tax department’s new rules will apply
In an attempt to curb black money and encourage people to move towards cashless transactions, the income tax department has changed some rules related to the Permanent Account Number (PAN). The rules, which apply to financial transactions, will come into effect on 1 January. Listed here are some of the changes that will come into force.
