PAN Archives - H&R Block| Blog
February 17, 2017

PAN Deactivation by I-T Department

Income Tax Department is on a mission to deactivate PAN cards of people. Don’t worry, they aren’t cancelling everyone’s PAN card. As per the law, an assessee is allowed to hold only one PAN card under his name, but some people keep multiple PAN cards […]
January 25, 2017

PAN Card Required for Cash Deals Exceeding Rs. 30,000

The government is planning to use Union Budget 2017-18 to take India closer to becoming cashless economy. Recent reports suggest that government may lower the threshold limit of Rs. 50,000 applicable on cash transactions. The revised limit is expected to be Rs. 30,000. In the […]
June 23, 2016

Want to buy a home? You must know the associated TDS rules!

Being the owner of your own house is one of the biggest dream of a common Indian. People burn the candle at both ends for several years to fulfill this dream. For most of us, purchasing a house is the biggest financial transaction we will […]