Aadhaar card may soon be a must for filing income tax returns, and applying for pan card :
The Centre plans to make having an Aadhaar card mandatory for filing income tax returns and compulsory to apply for a PAN (permanent account number) card.
The Centre plans to make having an Aadhaar card mandatory for filing income tax returns and compulsory to apply for a PAN (permanent account number) card.
The government has proposed a limit of Rs 3 lakh for cash transaction to be reduced to Rs 2 lakh. Transactions will be considered illegal beyond that stipulated the upper limit. The penalty for violating this is a fine equivalent to the amount of transaction.This is part of steps to reduce dependence on cash and crack down on black money. For Any Info : www.paceresearchindia.com and Call : 8817774774
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