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News
PAN Card fine
PAN Card fine News
PAN card
08 Jan 2022
PAN Card Holders Alert! Do THIS or else face a fine of Rs 1,000: Details here
A Finance Bill was introduced in Budget Session 2021 to include the clause. Apart from the Rs 1,000 charge for linking a PAN card to an Aadhaar number, there are a number of other financial losses that a PAN cardholder cannot afford to overlook. In addition, a person with an invalid PAN card will be unable to file an income tax return (ITR).
PAN card
02 Jan 2022
Alert PAN Card Holders! You have to pay Rs 10,000 fine if you don’t do THIS
PAN cards are required by the Income Tax Department for cash transactions of bank drafts, pay orders, or banker's checks totaling Rs 50,000 or more in a single day. If you are caught with two PAN cards during an investigation, you could face a punishment of up to Rs 10,000.
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