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CBDT notified new income tax rules for PAN card

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Neighbourhood News Desk/ Garima Kotroo: The Central Board Of Direct Taxes (CBDT) has notified to amend the income tax rules which will come into effect from December 5, 2018. The notification issued by the CBDT said, ” It is mandatory for entities that have made financial transactions worth Rs 2.5 lakh or more in a financial year to apply for a PAN card”.

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