Cholamandalam Distribution Services Ltd on Wednesday said it has entered into a tie-up with UTI Investor Services Ltd to process IT PAN number applications in the country.
The AG said that due to Aadhaar, government has saved over Rs 50,000 crore on the schemes to benefit the poor as well as the pension schemes.
"Delays, if any, in issuance of PAN cards take place usually due to incomplete documentation by applicants," Central Board of Direct Taxes (CBDT) spokesman Shishir Jha said reacting to a story which appeared in a Delhi newspaper that suggested such decline in FII investments was due to delays in issuing PAN cards.
That he was, on that date, just 56 days old gives the whole 'catch them young' cliche a whole new definition.
Mumbai police have informed a court that they need to conduct facial recognition of the Bangladeshi man arrested for allegedly stabbing Saif Ali Khan to ascertain if he is the person seen in CCTV footage. The accused, Shareeful Islam Shehzad Mohammad Rohilla Amin Fakir, has been remanded in police custody till January 29. The police are also seeking to match Fakir's footprints and recover the missing part of the knife used in the crime. Fakir's lawyers have opposed the police's plea, raising doubts about the credibility of the incident and arguing that the remand of the accused is not required to recover the material.
PAN is a 10-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department of India.
"There is progress on biometric PAN cards. Features have been finalised, what biometric measure will be used in the PAN card is being identified," he said when asked about the progress on government's proposal last year to introduce biometric PAN cards. He said the bids would soon be invited by the Central Board of Direct Taxes in this regard to issue PAN cards with biometric features.
The victim, who had a keen interest in stock market investments, was lured by fraudsters with promises of hefty returns on investments in stocks.
The government has made pan card mandatory for all transactions above Rs 1 lakh.
The government will soon launch a facility under which a Permanent Account Number card will be issued within 48 hours of applying.
The government on Tuesday warned the estimated 13 lakh (1.3 million) duplicate Permanent Account Number card holders of a penalty of Rs 10,000 if they do not surrender these by the December 31 deadline.
Women will have to wear hijab and have to be accompanied by a family member to enter the campus, according to the rules that came into effect on Friday.
An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked in New Delhi on Thursday, officials said.
I-T dept to outsource PAN card allotment
Verification process to be made robust after detection of frauds
The bench also sought a report about an inquiry made on the issue.
A total of 1,162 essential documents have been distributed among 872 persons at the camp, the district administration in Wayanad said.
Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.
They said the Left party is consulting its lawyers to challenge the notice of the tax authorities.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
It is advisable to file your ITR right away and not rely on potential extensions.
Two persons were arrested in Surat in Gujarat for allegedly forging documents like Aadhaar and PAN cards as well as voter IDs using a website, in the process posing a serious threat to national security, a police official said on Monday.
His new nameplate now reads 'Eknath Gangubai Sambhaji Shinde'.
Cos can apply for PAN card number online through e-Biz portal.
A joint working group in the ministry of finance has given its report after obtaining technical and commercial proposals from leading biometric solution providers, Finance Minister P Chidambaram said in Lok Sabha during Question Hour.
Not filing an ITR or paying the tax dues on the deceased's behalf can lead to penal consequences.
Ramesh alleged that through the "electoral bonds scam", the Bharatiya Janata Party has collected Rs 8,200 crore and used the route of "pre-paid, post-paid, post-raid bribes and shell companies".
The Gujarat Anti Terrorist Squad (ATS) has busted an Al Qaeda module and arrested four members who hail from Bangladesh but have been living illegally in Ahmedabad, an official said on Monday.
Some of the celebrities whose names and details were used by the fraudsters are Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said.
A massive data breach that has implications for national security was unearthed by the Cyberabad Police in Hyderabad, who arrested seven people of a gang allegedly involved in the theft and sale of sensitive data of the government and important organisations, including details of defence personnel as well as the personal and confidential data of about 16.8 crore citizens.
Applicants for Indian citizenship under the Citizenship (Amendment) Act 2019 (CAA) can submit any of nine documents, including valid or expired passport, ID cards and land tenancy records, to prove he or she is a national of Afghanistan or Bangladesh or Pakistan.
Importance of Permanent Account Number card has grown over the years.
Finance Minister P Chidambaram on Wednesday announced that the Permanent Account Number (PAN) to be made sole identity for participants in the security markets to strengthen capital market.
If your house owner does not have a PAN, you need not worry, as long as he/she is ready to sign a self declaration stating he does not have a PAN. You can submit a copy of this declaration to your employer and avail of the HRA deduction.
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