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Soon, you could get PAN card in 4 hours

The number of people filing income tax returns has increased by 50% to 6.08 crore so far in the assessment year 2018-19 compared to the year-ago period.

Financial deadlines in 2019 you need to know about

Not meeting some of these could lead to substantial financial hardships.

Can a US citizen invest in mutual funds in India?

Yes, a US citizen can invest in mutual funds and other financial products such as NRI fixed deposits, stocks and more, subject to prescribed regulations.

Father's name not mandatory for PAN application in case mother is single parent

Currently, furnishing father's name is mandatory for the allotment of Permanent Account Number (PAN).

5 steps to prepare yourself for a bank loan

The five steps listed here can make the process of taking a loan simpler and systematic.

PM asks for e-mails to be sent to PAN card holders informing them of action against corrupt officials

PM also asked CBDT to aim to shift to 100% technology driven mechanism for all the issues including e-assessment and sensitize its officers to increase efficiency and effectiveness.

Government to ban Bangladeshi terror group JMB

Officials explained that banning JMB is important as the outfit has opened its full-fledged India chapter, Jamaat-ul Mujahideen India (JMI) recently, under the leadership of Salahuddin Salehin and his deputy Jahidul Islam with three main objectives— proselytization, training and armed combat with a view to establishing Islamic rule across the Indian subcontinent.

How to get PAN card details changed

PAN card is a key document used for tax purposes and as a valid identity proof. The data recorded on PAN must be accurate and up-to-date.

Forged PAN card leaves man with bad credit score, Rs 6.5 lakh dues

On checking with the other bank, it emerged that someone had submitted a forged copy of his PAN card, with a different picture and a signature to get several loans sanctioned in his name.

Sebi lays framework for transfer of securities in physical mode

The Sebi has issued standardised norms for transfer of securities in physical mode.

India may not keep December 1 date with drones

India announced on August 27 that it would allow operation of drones from December 1 and categorised them into five based on weight.

Noida property registration to go online; commercial & individual owners to get UID

From November 1, an allottee/property holder can upload a form along with ID proof and a scanned copy of allotment/transfer letter on the website. The allottee will then get a KYA-UID number

Focus should be on developing mobile phone content in local languages: Ravi Shankar Prasad

“When you are talking about mobile networking, you must focus on local content and local languages,” Union Minister Ravi Shankar Prasad said.

How top global luxury brands are negotiating the minefield that is India

India has always been a difficult place for premier brands plagued by constant policy interventions.

Aadhaar is totally safe, isn't a card, just a number: R S Sharma

Speaking of the merits of Aadhar, he said that while unique identification is necessary, it is not sufficient. “Any identification system which is not digital will not work.”

Aadhaar is out, other documents back for banks

The five officially valid documents include the passport, driving licence, voter ID card, PAN card and job card issued by the NREGA.

16 illegal immigrants from Bangladesh arrested; another 4 children detained in Mathura

Seven mobile phones, eight Aadhaar cards, one PAN card, a driving license and Rs 500 in Indian currency were recovered from their possession, police said.

Will challenge verdict, says another early petitioner

Thomas alleged that the Centre collecting personal data of citizens including the army and police personnel and handing them over to foreign agencies could well be termed “espionage or treason”.

Top court's verdict on Aadhaar validity today

The SC order will have implications for linking Aadhaar to government welfare and financial inclusion schemes.

MobiKwik's 'Boost' to offer instant loan in 90 seconds

MobiKwik is the first wallet player to disburse loan amount in the user’s mobile wallet.

How to apply for PAN card

PAN is a 10-digit alphanumeric identity allotted by the income tax department which is required to conduct even the simplest of financial transactions.

Telcos to delete Aadhaar data if customer gives alternative KYC docs: COAI

He said that telecom operators will need some time to verify documents shared by customers but his connection will continue to work as till the time documents are verified.

Over 50 crore mobiles with Aadhaar KYC could be disconnected

The matter is now being discussed at the highest levels in the government, considering the large-scale impact it can have on citizens if phones are disconnected in vast numbers.

I-T dept moots doing away with mandatory quoting of father's name in PAN application

At present, furnishing of father's name is mandatory for the allotment of permanent account number (PAN).

How, What, Why, UIDAI: Aadhaar verdict throws up as many questions as it answers

While the verdict made certain things very clear, there are still some questions left unanswered.

Now, govt pushes offline tools to verify Aadhaar

The KYC process will not even need users to reveal their Aadhaar numbers, the collection of which has often been subject to controversies over potential data mining and tracking.

Now, government pushes offline tools to verify Aadhaar

In an effort to address fears over surveillance, breach of privacy and data farming, the Centre is promoting offline verification tools for Aadhaar.

UIDAI sees victory in SC judgement, says pvt usage restricted

"I am happy that Aadhaar Act has been upheld and private sector entities have been virtually barred from collecting or linking Aadhar to any services they provide," UIDAI CEO Ajay Bhushan Pandey said.

Chronology of Aadhaar case

A timeline of the Aadhaar scheme that was today declared constitutionally valid by the Supreme Court.

How to surrender additional PAN card and what are the consequences

As per Section 272B of the Income Tax Act, the income tax officer can levy a penalty of Rs 10,000 on you for having more than one PAN card.

How to get PAN card details corrected

If you are looking to correct your PAN details, it can be done online as well as offline. Here's your primer on how to go about it.

Now no PAN card required for jewellery purchase of over Rs 50,000

The government has rescinded notification that extended provisions of the Prevention of Money Laundering Act, 2002, (PMLA) to jewellery purchases.

Tax dept allots 1.96 crore PAN in January-March 2018 quarter

The income tax data revealed that there were about 35.94 crore PAN alloted by end December 2017. The numbrer rose to 37.9 crore at March-end 2018.

Is there such a thing as an "Aadhaar card"?

The majority judgment still carries a confusion that has dogged the project through the years: is there such a thing as an "Aadhaar card" ?

Plan to make PAN card must for all transactions in gold

The panel was set up to look at various facets of household finance in India on the recommendations of the subcommittee of the Financial Stability and Development Council meeting last year.

Aadhaar mandatory for PAN cards: SC verdict tomorrow

the Centre had contended that Aadhaar was made mandatory for allotment of PAN to weed out fake cards which were used for terror financing and circulation of black money.

Now you can register for voter ID, update details in voters' list online

All you have to do is to log on to elections commission website http://www.nvsp.in and apply for inclusion or correction of names

AMFI's new campaign to focus on debt investment benefits

Rs 150-175 crore will be deployed to promote mutual funds investments.

Banks opening accounts using Aadhaar copy without biometric/OTP check will be liable for loss: UIDAI

If a bank account is opened by accepting Aadhaar without biometric or OTP authentication and other verification, then bank will be held responsible for any loss.

UPPSC LT grade teacher exam 2018 admit card released. Download it from here

​​The state public service commission had invited application for over 10,000 LT grade teacher posts across the state.

You can now earn 1.5% more via direct plans in mutual funds

With several mobile apps allowing investors to buy direct mutual funds, they can earn higher returns compared with those from regular plans.

How to check ITR-V receipt status

You can verify your ITR either electronically, using OTP, EVC, or physically by sending a signed copy of ITR-V to CPC, Bengaluru.

Aadhaar linking can only curb PAN card duplication, says petitioner

Govt had defended the law, rejecting claims against it over privacy concerns and terming biometric identification as a vital feature of contemporary society.

Rajasthan to develop model Atal Seva Kendra to honour late PM

Rajasthan has nearly 10,000 Atal Seva Kendras (earlier called Rajiv Gandhi Seva Kendras) at village panchayat and panchayat samiti levels which provide public utility services to rural people.

Aadhaar mandatory to avoid fake PAN cards: Government tells Supreme Court

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.

Initials, punctuations on PAN card make linking with Aadhaar a pain

Millions of Indians could be facing the problem as the government insists on Aadhaar-PAN linking by July 31, a prerequisite to filing tax returns.

Aadhar to be made mandatory for filing I-T return, applying for PAN card

Aadhaar-based e-KYC facility would allow individuals or entities wanting to apply for PAN to verify details such as date of birth or address by way of biometric identification.

CBDT amends PAN application form to include third gender option

According to notification issued dated April 9, 2018, Form 49A and Form 49AA, will now also have the option of transgender, along with the 'Male' and 'Female'.

Over a lakh entered NRC's first draft with forged papers

Forging PAN cards, voter identity cards, children’s birth certificates were different modes used by these people for their inclusion in the draft.

30k Pakistanis granted Long Term Visas; can buy property, get PAN, Aadhaar

A total of 14,726 Pakistani citizens were given LTVs between 2011 and 2014 after they submitted applications in papers (offline), a Home Ministry official said.

10.52 lakh bogus PAN cards cannot be termed miniscule number to harm economy: Supreme Court

The apex court said that it has come on record that 11.35 lakh duplicate or fraudulent PAN cards have been detected and out of these, 10.52 lakh cases pertain to individual assesses.

How startup staffing is getting a rainbow hue

The startup, founded in 2015 by four alumni of NIT Surathkal, changed a number of its policies last year to include more LGBTQ people in the workplace.

Assam ministers want Centre to drop penalty clause on NRC objections

The process for filing claims and objections will start from August 30 and continue till September 28.

Features of 3 different India Post Payments Bank savings accounts

We look at the three different kinds of India Post Payments Bank savings accounts - regular, digital and basic saving account.

Allow gambling, betting on sports as regulated, taxable activities: Law panel

The commission's report, " Gambling and Sports Betting including Cricket in India", recommends a number of changes in the law for regulating betting and generating tax revenues from it.

PAN card a must for deposits totalling Rs 2.5 lakh

Any deposit with a bank or a post office as well as opening of an account, other than Jan-Dhan, also requires the PAN card.

Buying an NRI's flat? Know the tax impact

The TDS rules in case of purchase of property from a resident individual are completely different than those of non-resident individuals.

DRI busts Rs 2,000-crore money laundering racket at diamond bourse, four held

The racket was unearthed after the DRI recently conducted raids at the BDB at Bandra Kurla Complex (BKC) here following a tip off and intercepted consignments of rough diamonds of "low quality" with a declared value of Rs 156 crore.

Supporting document for gender not needed for PAN under transgender category: I-T

The I-T department, on April 10, amended income tax rules to allow transgenders be recognised as an independent category of applicants for obtaining a Permanent Account Number (PAN).

Your Aadhaar number may soon be noted by prosecuting plastic squad

From Saturday onwards if one is caught with plastic items that are banned in karnataka, state civic inspectors will note down all details pertaining to the person.

Aadhaar, PAN mandatory for customs broker licence: Tax department

According to the Customs Brokers Licensing Regulations, 2018, an applicant seeking to get a licence for customs broker should hold Aadhaar as well as PAN card.

Step by step guide on how to get an instant e-PAN using Aadhaar card

This facility is free of cost and instant allotment of e-PAN is available only for a limited period on first-come-first-serve basis for valid Aadhaar holders.

Aadhaar, PAN card likely for minorities from Pakistan

Religious minorities from Pakistan staying in India on long-term visa could soon be issued Aadhaar/PAN cards and driving licence.

Tax department receives 15-25 lakh PAN applications per week

The allotment of PAN is being carried out through two service providers, NSDL e-Gov and UTIITSL, which collect applications, process them, digitise the data and submit the same to ITD

Submitting documents in government offices still a headache

For PAN card applications, if a person fails to provide any document for date-of-birth proof, submission of an affidavit is required.

GJF wants 5% import tax; PAN card limit to Rs 5 lakh for Budget

GJF has recommended GST at 1.25 per cent for the gems and jewellery sector, so that it help the industry become compliant and organised.

Government issuing new-look and tamper-proof PAN cards: Income-Tax Department

The distribution of new-look PAN cards, being printed by NSDL and UTIITSL (UTI Infrastructure Technology and Services Ltd), started since January 1.

How NRIs can apply for PAN card in India

Get to know the process of applying for a PAN by an NRI as they need to provide certain documents which are specific to them.

Why UIDAI, Centre must reveal all their plans for Aadhaar

The apex court has adumbrated an excellent principle, at least for now, that Aadhaar can be made mandatory for disbursing subsidies, but not for services.

Rs 2 lakh crore income: Family’s PAN cards may have been misused

A Rs 2 lakh crore income declaration was made in the family's name under the IDS. But the government has rejected the claim and has stated that it will conduct investigations into the matter.

20k Aadhaar cards available online, says expert; UIDAI dismisses security concerns

Publication of Aadhaar cards by some people has no bearing on UIDAI and not the least on Aadhaar security, said the Aadhaar authority in reply to a query.

Be a sport, make gambling legal: Law Commission

State Legislature is also competent to enact the required law but in consonance with the national policy on gambling and other relevant legal provisions.

Demonetisation: PAN card required if combined cash deposits exceed Rs 2.5 lakh till Dec 30

The rule applies to all the bank accounts of an individual, though it is unclear how banks will capture the information of the cash deposited in other accounts.

ED attaches Rs 4,700-crore assets in Sterling Biotech crackdown

Last October, the CBI registered a criminal case against Sterling Biotech, its directors and a then director of Andhra Bank for allegedly cheating public sector banks of Rs 5,383 crore.

Need rented house? Get parents’ consent letter first

If you are single and looking out for a house on rent in ceramic town Morbi, ensure that your parents give their consent in writing.

From Aadhaar to BH Loya case: Cases in Supreme Court this week

On December 15, the Supreme Court had ordered that the deadline for linking Aadhaar to mobile phone numbers be extended till March 31, 2018.

How to update a minor's PAN card once he becomes adult

Once a minor PAN card holder turns 18, the relevant changes must be made in the PAN records as the card does not contain the minor’s photograph or signature.

How to register yourself on income tax e-filing website

You must keep your PAN card handy to enter the required details on registration portal. You will be required to provide your mobile number and email ID as well.

Black money, PAN card issues affecting jewellery business as a whole: S Subramaniam, CFO of Titan

Subramaniam said,"with the festive season being strong in this second half compared to the first half, it gives us some hope for optimism. "

Bullion market closed due to protest against PAN card requirement

"We have shut our shops to protest against the mandatory PAN card requirement," All India Sarafa Bazar Association Vice President S K Jain said.

How to make an error-free will

Here are ten tips on how to draft a basic will by including the mandatory details and avoiding technical glitches and mistakes.

No honking drive: The car horn is our PAN card, Aadhaar ID and much more

This brings me to my theory that horns are used by us purely to announce our presence in a sort of aural 'Kilroy was here' fashion.

A mutual fund guide for starters

As mutual funds become a preferred vehicle to reach financial goals, many investors are putting money in them for the first time.

High Court irked over government inaction on PAN card issued to foreigner

The Bombay High Court has summoned three senior Central government officials to appear before it on January 8 to show what action had been taken in the matter.

GJF resents PAN card requirement for transaction above Rs 2 lakh

Gems and jewellery trade today expressed resentment over the requirement to produce PAN card for any transaction above Rs 2 lakh.

16.65 crore PAN, 87.79 crore bank accounts linked to Aadhaar: Government

The government has mandated submission of the 12-digit unique identity number Aadhaar by every bank account holder by March 31, 2018 to weed out unaccounted wealth.

UIDAI askes mobile operators to provide users information on sim cards linked to Aadhaar

The decision by UIDAI was taken after reports that sim card retailers along with operators and agents indulge in fraudulently issuing new sim cards.

Aadhaar cards have not been duplicated: Government

He dismissed the argument that the scheme was based on the presumption that the entire population was hesitant in paying taxes and indulged in money-laundering.

SBI Small & Midcap Fund to reopen for investments via SIP mode

The SBI Small & Midcap Fund, which was suspended for new investments in October 2015, will reopen for fresh subscriptions from May 16.

Requesting a new PAN card

Swachh Bharat cess: PAN card gets costlier by Re 1

With the imposition of the Swachh Bharat cess on all services from today, getting a new PAN card for income tax purposes has become costlier by a rupee to Rs 107.

Aadhaar must for Ayushman Bharat; apply for UID by March 2019: Government

The government has given beneficiaries time till March 31, 2019 to apply for Aadhaar if they have yet to get the 12-digit unique identity number, even as the Ayushman Bharat scheme may be rolled out later this year.

Verifying users just got tougher for wallet companies

UIDAI restricts access to its database by classifying payment firms as local authentication user agencies, forcing them to ask for virtual IDs.

Centre tells Jammu and Kashmir government to prevent Rohingyas entry

In particular, the Home Ministry expressed its serious concern over Rohingyas and other foreigners who have already entered and are illegally staying in India, including in the state of Jammu and Kashmir.

Aadhaar not mandatory, but it can make your financial life easier

If you want to invest in mutual funds online, Aadhaar-based KYC process is much easier compared to a process that asked for scanned copies of documents.

Deadline to link PAN with Aadhaar expires today: Confusion over what will happen from tomorrow

Chartered accountants opine that there would be grave consequences for those whose PAN-Aadhaar are not linked by today's deadline.

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