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Existing PAN holders do not need to apply afresh under PAN 2.0: Tax dept

Existing PAN holders do not need to apply afresh under PAN 2.0: Tax dept

by AIP Online Bureau | Nov 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology

“With existing PAN database of 78 crore PANs and 73.28 lakh TANs, the project addresses the requirements of taxpayers, focusing on consolidation of multiple platforms/portals and efficient services to PAN/TAN holders,” Central Board of Direct Taxes (CBDT)...

Govt announces Rs1,435 cr project to make PAN a common business identifier

by AIP Online Bureau | Nov 26, 2024 | Eco/Invest/Demography, Indian News, Technology

“The PAN 2.0 Project resonates with the vision of the Government enshrined in Digital India by enabling the use of PAN as Common Identifier for all digital systems of specified government agencies,” an official release said New Delhi: The government on...

Linking PAN with Aadhaar: CBDT chairperson says 48 cr linked so far

by AIP Online Bureau | Feb 6, 2023 | Data, Eco/Invest/Demography, Technology

The government has made the linkage of the two databases mandatory and declared that those individual PANs that are not attached to the Aadhaar by the end of this financial year (March 31, 2023) will be rendered inoperative. New Delhi: About 48 crore individual...
PAN not linked with Aadhaar by end of March 2023 to be rendered inoperative

PAN not linked with Aadhaar by end of March 2023 to be rendered inoperative

by AIP Online Bureau | Dec 25, 2022 | Eco/Invest/Demography, Policy, Technology

“In addition to the above, the taxpayer might face difficulty at various other fora like banks and other financial portals as PAN is one of the important KYC (know your customer) criterion for all kinds of financial transaction,” the circular said New...

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