Income Tax Department brings out new PAN card rules from December 5 to curb tax evasion
Updated : November 22, 2018 12:25 PM IST
All entities which made financial transactions of at least Rs 2.5 lakh in a financial year must apply for a PAN card till May 31 of the next financial year.
The new income tax rule is not meant for individual taxpayers who are not associated with such entities.
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