Permanent account number Current Affairs, GK & News

New TDS Rules from July 1

A new Tax Deducted at Source (TDS) rule is coming into effect from July 1, 2021. What are those new rules? Under the new rules, non-filer of income tax for past two financial years will be subjected to higher taxation. TDS or TCS will be charged at double rate specified in relevant provision of Income ..

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Aadhaar cards are now valid travel documents for Indians travelling to Nepal and Bhutan

According to recent Union Home Ministry communique, Aadhaar cards are now valid travel documents for Indians under 15 and over 65 years travelling to Nepal and Bhutan. Indians other than those in the two age brackets will not be able to use Aadhaar to travel to the two neighbouring countries, for which no visas are ..

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Supreme Court declares Centre’s flagship Aadhaar scheme as constitutionally valid for filing of IT returns and allotment of PAN

On September 26, the Supreme Court of India (SCI) declared the Centre’s flagship Aadhaar scheme as constitutionally valid for filing of IT returns and allotment of Permanent Account Number (PAN), but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions. A 5-judge constitution bench headed by Chief ..

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