Monday, May 18, 2015
by
Indian Real Estate News
Soon, you will be able to get your PAN card within 48 hours of applying for it. According to a senior official, "An online facility for issuance of PAN is on the anvil under which an applicant can get a PAN card within 48 hours." Special camps will also be organised across the country to help people obtain the cards.
The Central Board of Direct Taxes had issued a notification recently making the Elector's Photo Identity Card (EPIC) and Aadhaar valid proofs of date of birth for obtaining a PAN card. PAN is a 10-digit alpha-numeric number issued in the form of a laminated card by the Income Tax Department required for filing income tax returns, sale or purchase of immovable property exceeding a certain amount, sale or purchase of a motor vehicle, among others.
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