After Aadhar Card, Driving License, Voter Card, PAN card becomes necessary now...
If you do not have a PAN card, get it done soon. Because the government has ordered works related to PAN card. The Modi government has taken another major step to curb black money. by 28 February. The Finance Ministry has today issued an order making it mandatory for people to submit PAN numbers for their savings accounts in banks and post offices. According to the government, those who have not given their PAN number should submit the PAN number or form by 28 February.
According to the order - between 9 November and 30 December, accounts with deposits of more than Rs 2.50 lakh, the details of the savings accounts between 1 April 2016 and 9 November were submitted to the Income Tax Department by the bank and the post office by 15 January 2017. Detail has been sought in which more than Rs 2.50 lakh has been deposited between 9 November and 30 December, when more than 12.50 lakh has been deposited in the current accounts, PAN will be necessary for withdrawing more than 50 thousand cash from the bank. O, post office, restaurants and hotels have to keep a record of this. After demonetization, now this decision of the government can increase the difficulty of those who hide black money.
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