Sunday, December 22

Tag: e-KYC

Tax Dept Launches Prompt e-PAN on The Basis of Aadhaar
INDIA

Tax Dept Launches Prompt e-PAN on The Basis of Aadhaar

India’s tax department has now launched the provision of e-PAN occurring immediately. This move is anticipated to bring down the interaction with the department and assist the taxpayers in creating the permanent account number (PAN) without facing any difficulty. This provision of the tax department is totally free of cost and the taxpayers can log on to the income tax portal to create their e-PAN. The people are not required to submit any documents, instead, the e-PAN will be generated on the basis of details available in the user’s Aadhaar card. “Thanks to the elevated use of technology and digitization adopted by the government in the tax department, it is now resulting in truly convenient and paperless interface with taxpayers. One may expect more of such initiatives in the coming ...