New Delhi: After settling on the note boycott choice, the legislature has realized certain adjustments in the prerequisites of Permanent Account Number (PAN).
The legislature has made correction in the arrangement 14 (b) of the wage assess rules. Presently the legislature is watching out for despoists made between Rs 50,000 to Rs 2.5 lakh.
Focal Board of Direct duties (CBDT) has affected changes in tenets connected with PAN card.
Those whose ledgers are not connected with PAN should deliver the card while saving sum more than Rs 50,000. Such contributors can go under pay duty division’s scanner.
The bank is required to illuminate wage impose division about rehashed stores of Rs 2.5 lakh being made in a solitary financial balance inside November 9 to December 30.
Edited By articlesworldbank.com