PAN Migration: Do You Need It? And How To Do It

PAN or Permanent Account Number is issued by the Income Tax department with details including date of birth, name and PAN number of the individual. A PAN number allotted to a person is a 10-digit alphanumeric number used in to link all of his or her financial transactions with the unique ID such as tax payments, income tax return and wealth tax return. PAN, thus, acts as a financial identifier for the person with the tax department.

Vodafone Offers Unlimited Voice Calling, 1GB Data Per Day at Rs. 348

HIGHLIGHTS Vodafone’s new prepaid plan offers unlimited voice calling It is priced at Rs. 348 and offers 1GB per day of data benefits The recharge plan is available for Rajasthan subscribers only In a bid to combat the Reliance Jio competition, Vodafone has now launched a special recharge plan for prepaid users in Rajasthan. The Vodafone 348 Prepaid Recharge offer comes with unlimited voice calling benefits and 1GB of 4G data per day.

Your PAN card could be invalid without Aadhaar by December. Here’s what to do

Permanent account numbers (PAN) not linked to Aadhaar cards will likely become invalid after December 31, a government source said on Thursday, as the Centre pushes to widen the use of the 12-digit biometric identity project. Permanent account numbers (PAN) not linked to Aadhaar cards will likely become invalid after December 31, a government source said on Thursday, as the Centre pushes to widen the use of the 12-digit biometric identity project.

e-facility to link Aadhaar with PAN launched

I-T Department asks people to ensure that the date of birth and gender in PAN and Aadhaar are exactly the same, to ensure linkage without failure. The Income Tax Department has launched an e-facility to link Aadhaar with Permanent Account Number (PAN), a mandatory procedure for filing IT returns now. The department’s e-filing website has created the link on its homepage. The link requires the PAN, the Aadhaar number and the “exact name as given in the Aadhaar card”.

your Aadhaar is safe

Amidst concerns regarding Aadhaar data leak, a look at how the unique identification system actually adheres to the principles of privacy Privacy and data protection concerns have become serious in a digital world due to ease of search and aggregation, with or without Aadhaar. Type any name in Google and it will throw up thousands of results, giving data/information publicly available. Hence, the responsibility falls on organisations which collect data from individuals to protect it.

आधार कार्ड से नहीं जोड़ने पर अवैध हो जाएगा PAN,

अगर आपने परमानेंट अकाउंट नंबर (PAN) को आधार कार्ड से नहीं जोड़ा तो संभव है कि 31 दिसंबर के बाद यह अवैध हो जाए। दरअसल, इनकम टैक्स रिटर्न और PAN के लिए आधार को अनिवार्य बनाने के सरकार के फैसले के बाद इसे वित्तीय लेनदेन (फाइनैंशल ट्रांजैक्शंज) के लिए जरूरी नंबर बनाने की दिशा में एक और कदम बढ़ा दिया गया है। सरकार पूरे फाइनैंशल सेक्टर में आधार आधारित नो योर कस्टमर (KYC) को इंटीग्रेट करने पर विचार कर रही है।

पेट्रोल-डीजल प्राइस रोज बदलने से किसका लाभ?

पेट्रोल-डीजल के खुदरा मूल्यों का रोजाना संशोधन करने के सरकार के फैसले से तेल कंपनियों के मार्जिन में सुधार आएगा और उन्हें अच्छा मुनाफा होने की संभावना है। इंडिया रेटिंग ने सोमवार को अपनी रिपोर्ट में कहा कि सरकार के इस कदम की सराहना किया। रिपोर्ट में कहा गया है कि 2010 में पेट्रोल के दाम को, 2014 में डीजल के दाम को नियंत्रण मुक्त करने, एलपीजी से संबंधित गिव इट अप योजना, पीडीएस केरोसिन आवंटन घटाने और उसके दामों में क्रमिक वृद्धि के बाद मार्केटिंग सेक्टर में यह एक अन्य सकारात्मक ढांचागत बदलाव है।

10 Income Tax Rules That have Changed From April. See Details Here

Finance Minister Arun Jaitley had announced a number of income tax changes in Budget 2017. In addition, some amendments were also introduced in the Finance Bill that was passed by the Lok Sabha. HIGHLIGHTS Tax rate on income between Rs. 2.5-Rs. 5 lakh will get halved to 5% The Lok Sabha on Wednesday passed the Finance Bill, completing the budgetary exercise for 2017-18. Since the Finance Bill is a Money Bill, it needs only to be cleared by the Lok Sabha.

18 specified financial transactions in which quoting of PAN is mandatory now

Although Aadhaar is gradually gaining more importance than PAN – a ten-digit unique alphanumeric number issued by the Income Tax Department – however, PAN is still important, especially for financial transactions. According to experts, PAN is a way for the Income Tax Department to keep tabs on your financial dealings whereas Aadhaar’s main purpose is to create a centralized database of each citizen residing in India. PAN, in fact, is a very useful tool to estimate the total tax revenue being generated in the country and to be used as an identification document is not its primary job.

5 financial tasks to do when a parent dies

Goodbyes are the hardest when they are final. It’s worse if it involves one of your parents. The heartbreak is probably lesser in intensity only to that of your surviving parent, the spouse who is left grappling with a crippling emotional void at the fag end of life. Yet, it is critical to take a financial reality check and you, as progeny, are the best suited to do it. Taking stock of the finances is an overwhelming task and it’s easy to be stumped by the maze of formalities.