PAN Current Affairs, GK & News

Ordinance passed for 100% Tax Exemption on donations to PM Cares Fund

On March 31, 2020, the Government of India passed an ordinance to allow 100% exemption on donations made on PM Cares Funds. The ordinance has also extended the time limit of direct and indirect tax filings to June 30, 2020. Key Features on Direct Taxes The last date for filing Income Tax returns has been ..

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Linking Of PAN Card with Aadhaar Mandatory for Filing IT returns : SC

The Supreme Court has upheld the section 139AA of the Income Tax Act and said that linking of PAN with Aadhaar is mandatory for the filing of Income Tax returns. The Supreme Court made these observations while hearing an appeal filed by the Centre against a Delhi High Court order allowing two people, Shreya Sen and ..

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Supreme Court: Linking of Aadhaar with PAN Mandatory

The Supreme Court has upheld the government’s decision and ruled that it would be mandatory for all Aadhaar holders to link it with the permanent account number (PAN) for filing of income tax returns. However, in a partial setback to the government, the apex court refused to make it compulsory for those people who do not possess ..

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Government makes PAN mandatory for central excise registration

Union Government has made Permanent Account Number (PAN) mandatory for private firms seeking central excise registration. As per the new rules, the PAN registration will now be given within two days of filing online applications to improve the ease in doing business in manufacturing. In this regard Union Finance Ministry has issued an order that ..

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Union Government launches single window e-biz portal

Union Government has launched a single window government-to-business (G2B) portal- e-Biz (www.ebiz.gov.in) for 11 Central government services to bring transparency and ease of doing business in the country. The portal was unveiled to public by Union Finance Minister Arun Jaitley in New Delhi. Key facts It is government’s approach aimed at improving India’s ranking in ..

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