What is PAN and when is it required

What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric number allotted by Income Tax Department. Normally it is, issued in the form of a laminated card, by the IT Department. Who must have PAN? (a) All existing assesses or taxpayers or persons who are required to furnish a return of income, even on … Read more

Relaxation in the regulations for Business Startups

As we are aware that the Government of India started the initiative of #startupindia recently. One of the visions of this initiative was relaxation of regulations for Startups in India so that the startup company setup and operations become easier. Taking the step forward in order to relax the regulations for Start-ups, the Reserve Bank … Read more

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