One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
01 May, 2026, 05.42 PM IST
Revised post office transaction norms based on New Income-tax Rules, 2026: PAN mandatory for these transactions; more rules explainedThe Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must subm...
01 May, 2026, 02.09 PM IST
No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...
28 Apr, 2026, 02.21 PM IST
Quote of the day by Tamannaah Bhatia: 'I have a theory that life meets you at your level of audacity'Actress Tamannaah Bhatia emphasizes that life rewards boldness, not hesitation. After over two decades in cinema, she embraces new opportun...
24 Apr, 2026, 02.17 PM IST
Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
20 Apr, 2026, 03.01 PM IST
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
18 Apr, 2026, 03.09 PM IST
4 new PAN card forms in FY26-27: Which form to use- 93, 94, 95 or 96? Old vs newStarting April 1, 2026, new PAN application forms are in effect. Four distinct forms, 93, 94, 95, and 96, cater to specific applicant types...
08 Apr, 2026, 02.14 PM IST
New form for correction in PAN related details: CBDT notifies new online and offline forms for modification in PAN card details; check the guideline and how it worksThe Central Board of Direct Taxes has introduced new forms for correcting PAN card details. These forms, PAN CR-01 for individuals and PAN ...
02 Apr, 2026, 02.50 PM IST
PAN rules change from April 1: Higher PAN quoting limits; new Form 93; additional documents required for application and moreNew PAN card application forms are now in effect under the Income-ax Act, 2025, with category-specific forms replacing the Aadhaar-only opt...
01 Apr, 2026, 04.02 PM IST
How to link Aadhaar card with income tax returnsWith effect from April 1, 2019, it is mandatory to quote your Aadhaar number while filing ITR unless specifically exempted.
01 Dec, 2020, 12.46 PM IST
Giving Aadhaar number in lieu of PAN? You might be fined for giving wrong informationSection 272B of the Income Tax Act provides for a levy of Rs 10,000 every time a wrong ID number is quoted.
05 Dec, 2019, 10.34 AM IST
Aadhaar holders without PAN to be auto-applied for PAN from Sept 1As per the notification, the new rules regarding the allotment of PAN and quoting of Aadhaar number instead of PAN have come into effect fr...
02 Sep, 2019, 04.13 PM IST
PAN card a must for deposits totalling Rs 2.5 lakhAny deposit with a bank or a post office as well as opening of an account, other than Jan-Dhan, also requires the PAN card.
18 Nov, 2016, 10.35 AM IST
Entering into any financial transaction – Are you required to disclose PAN?One of the biggest agenda of the govt is to curb black money menace in India and one of the step forward in this regard is the change made ...
10 Feb, 2016, 12.13 PM IST
- PAN to be must for all high-value spendings, overseas travels and new debit cards to come under lens
The Income-Tax department has amended rules to add these items to the list of financial transactions where disclosure of PAN is compulsory.
04 Jun, 2011, 12.54 AM IST
- Buying insurance to require PAN soon
The next time you buy an insurance policy or open a post office savings account, your may have to quote your PAN number compulsorily.
02 Aug, 2008, 02.51 AM IST
- Company deposits, PO savings may require flashing PAN
You may now have to quote your permanent account number (PAN) in more financial instruments such as fixed deposits of companies or National...
24 Mar, 2008, 03.17 AM IST