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The CBDT on Friday said farmers do not need to quote PAN for cash sale of their produce up to Rs 2 lakh a day. (Photo: PTI)

PAN not required for cash sale of farm produce up to Rs 2 lakh per day

The CBDT was responding to section 269ST in the Income Tax Act that bans such cash dealings on a single day.

4 Nov 2017 10:40 AM IST

Minister of State for Finance Santosh Kumar Gangwar

Fake PANs detected, over 11.44 lakh PANs deactivated: Gangwar

One PAN for one person is the guiding principle for allotment of PAN, said Santosh Kumar Gangwar .

2 Aug 2017 10:53 AM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

More than 6.83 lakh firms have PAN but did not file I-T returns: govt

As per database of Income Tax department, Delhi had most number of such companies at over 1.44 lakh.

25 July 2017 7:29 PM IST

BSBDA were introduced to take care of simple banking needs of people, which come with free ATM card, monthly statement and cheque book.

Collect PAN card info, says Centre

Jan Dhan accounts are exempt from rule.

9 Jan 2017 1:47 AM IST