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Here are the new PAN card rules coming into effect from December 5

Updated : November 27, 2018 10:20 AM IST

The application has to be filed on or before May 31 of the assessment year for which such income is assessable.
The notification has made it mandatory for entities that have made financial transactions worth Rs 2.5 lakh or more in a financial year to apply for a PAN card.
Here are the new PAN card rules coming into effect from December 5

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