Revised PAN Card Rules Under Income Tax Act 1962

The Central Board of Direct Taxes (CBDT) today has notified five new changes in PAN card provisions. The new changes will become valid from 5th December 2018. According to new notification issued by CBDT, all the entities, which made financial transaction of Rs 2.5 lakh or more in a financial year will be eligible for the PAN card and has to mandatory apply for a PAN card on or before 31st May of the next financial year.

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A Full Guide to GST E-Way Bill 2 for Faster Compliance

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