PAN-less candidates with over Rs 5 crore to face I-T scrutiny

This is part of a joint charter prepared by the Central Board of Direct Taxes (CBDT) and the Election Commission (EC) for scrutinising the poll affidavits of candidates contesting 2014 Lok Sabha elections.

New PAN allotment norms put on hold; old procedure to continue

New norms for issuing of PAN (Permanent Account Number) cards have been put on hold by the Finance Ministry.

10-day-old girl in Rajkot gets a PAN card

A ten-day old girl in Rajkot has become one of the youngest Permanent Account Number (PAN) card holders in the country.

Quote PAN, or else pay 20% tax: Taxmen to contractors

Not quoting the permanent account number (PAN) can cost the contractors and sub-contractors dear, as the budget proposal of taxing them at up to 20 percent instead of 1-2 percent comes into effect from Tuesday.

IT department to check PAN card details in Koda case

The Income Tax department,
investigating allegations of hawala transactions and
investments by former Jharkhand chief minister Madhu Koda, is
verifying details of PAN cards found during searches in
connection with the probe.

PAN mandatory for customers paying annual premium over 1 lakh

Insurance regulator IRDA on Friday
made it mandatory for insurers to collect permanent account numbers (PANs) of every customer paying an annual premium of
over Rs 1 lakh, a move designed as a part of know your customer norms.