Mandatory of PANs leading to Hike in its Demand

Last updated: 09 February 2008

Mandatory of PANs leading to Hike in its DemandThe demand for the Permanent Account Number (PAN) is on an all time high with the Income Tax (I-T) department issuing a record number of PANs in the ongoing financial year of 2007-08, with even minors joining the queue of PAN seekers.The I-T department has issued 95 lakhs PAN Card, till date. The highest number of PAN cards it has ever issued, ever since the PAN card became a mandatory document for trading in stocks, shares and mutual funds two yea
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neha sodhani

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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