Pan

Second amendment to LLP Rules will ease procedural burden: Experts

At the time of incorporation, five can be appointed designated partners

Big Data can at times spell trouble for taxpayers

The tax department's initiatives would, in the normal course, have been welcomed by honest taxpayers, but implementation issues and the taxman's misaligned views are causing problems

Top headlines: Centre to step up borrowing; Adani Group wins big in FY22

India's big business groups owned by families continue to steal a march over their bigger rivals. More on this is our top headlines.

Extend deadline to link PAN-Aadhaar by three months: Brokers' plea to Sebi

According to brokers and mutual fund transfer agents, millions of demat accounts as well as mutual fund (MF) folios are yet to link their PAN and Aadhaar

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

Prevent NRIs' PAN from being declared inactive

The I-T Department hasn't made provision for allowing those ineligible for Aadhaar to mark their PANs, so the latter can be kept active after March 31

Loan fraud hits Indiabulls' fintech arm, fraudsters use PAN numbers

On Tuesday, many users took to social media to complain that their credit reports reflected loans taken by them from IVL Finance Ltd which later became Indiabulls Consumer Finance.

LIC asks its policyholders to update PAN details for participation in IPO

As per the proposed plan, up to 10 per cent of the LIC IPO issue size would be reserved for policyholders

Sebi asks investors to link PAN with Aadhaar by Sep for smooth transactions

Failing to comply with this, a person's Permanent Account Number (PAN) card will become inoperative, which means incomplete Know Your Customer (KYC) details.

Showing PAN-Aadhaar for Covid treatment not practical: Experts

It would have been more effective, they say, if the exemption in cash payment had been given without any caveats and for a longer period

Full marks for technocratic budget that lets us embrace ease of living

India's corporate tax structure is now globally competitive! Rates of 25 and 15 per cent are completely acceptable to international investors

Budget 2020: Now, Amazon orders to cost more if this amendment is enacted

In order to provide relief to small businessman, it is proposed to provide exemption to an individual and Hindu Undivided Family who receives less than Rs 5 lakh and furnishes PAN/Aadhaar

I-T dept to issue PAN if taxpayers use Aadhaar for filing returns: CBDT

PAN will be generated automatically if a taxpayer uses Aadhaar for filing returns: CBDT

Soon, quoting father's name may not be mandatory in PAN application

At present, providing father's name in the PAN application Forms (Form No.49A and Form No.49AA) is mandatory

379 million and counting: What the sharp increase in PAN enrolment tells us

A sharp jump in the number of individual PAN holders reveals India's demography and underlines new challenges

300% rise in PAN applications post demonetisation: CBDT

CBDT chairman said after the Centre announced to scrap high value currency notes in November last year, the number rose to 7.5 lakh

More shell firms found: PAN deactivation jolt for tax evaders in stock market

High-value transactions of more than Rs 50,000 and above require PAN details

Tax department issues PAN, TAN to new companies in a day

Newly incorporated companies are getting Permanent Account Number (PAN) and Tax Deduction Account Number (TAN) in electronic form within a day. Till March end, 19,704 such companies have received PAN in a day of ministry of corporate affairs sending data of incorporation to the income tax department. The government hopes that the initiative will improve India's ranking in the World Bank's ease of doing report from the current position of 130th. The Central Board of Direct Taxes (CBDT) said it has tied up with the Ministry of Corporate Affairs (MCA) under which companies can submit a common application form.Applicant companies submit a common application form SPICe (INC 32) on MCA portal and once the data of incorporation is sent to CBDT by the MCA, PAN and TAN are issued immediately without any further intervention of the applicant.In the month of March, 2017 alone, PAN was allotted within 4 hours to 95.63 per cent of total 10,894 newly incorporated companies. All such companies got ..

Banks get time till June 30 to obtain PAN from account holders

Tax department had in January asked banks, post offices and cooperative banks to document PAN

Big Data to help tax department find out multiple PAN holders

It will also identify records with errors or other defects for resubmission