Posts Tagged ‘Change PAN card rule’

20 PAN Card Changes you must be aware about

20 PAN Card Changes you must be aware about

Recently the government of India had made 20 PAN card changes. These PAN card changes are applicable while doing various monetary transactions in India. This change also includes a mandatory requirement of mentioning PAN card while doing financial transactions above Rs 2 Lakh. This change will be effective from 1st January, 2016. The basic objectives behind these changes are given below. Curb prevailing black money flow Black money is money generated from black market on which income and other taxes […]