Month: February 2019

How NRIs can apply for PAN card in India

Permanent Account Number (PAN) is a unique, ten-digit alphanumeric identity issued by the Income Tax Department to all tax-paying individuals and organizations in India. PAN facilitates instrumental financial transactions such as tax payments,entering certain financial contracts, making larger cash deposits, applying for credit/debit cards, filing I-T returns, among others. It […]

How you can store Aadhaar card in DigiLocker

DigiLocker is an online, cloud-based service that was launched by the government as part of its Digital India campaign for storage, issuance, and verification of important documents, in a safe and convenient manner. DigiLocker has partnered with the Unique Identification Authority of India (UIDAI) to make Aadhaar available online, automatically […]

Four Ways To Link PAN With Aadhaar

With the linking of PAN card with Aadhaar card mandatory for filing of income tax return (ITR), the Income Tax Department has announced March 31, 2019 as the due date for assessees to link the two. Linking of Aadhaar and PAN has to be completed by March 31, according to […]

RBI extends deadline for full wallet KYC

In a relief to e-wallet companies, the Reserve Bank of India Monday extended by six months the deadline for compliance with Know Your Customer (KYC) norms, for prepaid payment instrument (PPI) issuers. The earlier deadline was February 28. “Based on requests received from various stakeholders to increase the above timeline […]