Indian: Income Tax Department made changes in PAN card rules
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## Know these rules: What changes have been made to the Income Tax Department in the PAN card rules?
Business | to reduce this tax evasion, the Indian government is going to make some changes in the rules of the PAN card from December 5. With this new change, it is now mandatory to have a PAN card for an organization of more than 2.5 lakhs businesses. This is in accordance with the notification issued by the Central Board of Direct Taxes, which has more than 2.5 lakhs transactions in the institute, has to apply for PAN card before 31st May next year.
Your debit and credit card will stop working for the New Year. Know why In the stock market mixed trend, the dropped 28 points and the Nifty fell In this situation, they may have to face difficulties. This tax department has made another big change in the PAN card. Under this, people with single-parent will now have the option of not giving their father's name on the PAN card. Do not miss the name of your father on the PAN card, the freedom of children whose father is dead or living apart from his wife.
On the 5th day, the price of petrol and diesel is 74 in Delhi, 80 in Mumbai, Under the new rules of this PAN card, if a person does more than Rs 2.5 lakhs in a year, then he will have to make a PAN card before May 31. Under the notification of Income Tax Department, all people who have jobs or are working separately in the form of a managing director or director, partner, trustee, if they currently do not have a PAN card, before 31 May, the PAN card Creating is mandatory.
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