Pay income tax, apply for PAN using mobile app soon


Write Comment     |     E-Mail To a Friend     |     Facebook     |     Twitter     |     Print
PTI

New Delhi, 15 Feb 2017: In step with government’s digital India drive, the Income Tax department is developing an app that will soon allow assessees to pay taxes or apply for PAN using smartphones.

 

The department is also working on a project to issue PAN to assessees within minutes by way of e-KYC authentication using Aadhaar, a move that will help bring more people under the tax net by making it easier for people to get Permanent Account Numbers.

 

"The app concept is at a preliminary stage. The app will enable assessees to pay taxes online, apply for PAN or track tax returns. Pilot project will be undertaken after getting approval from the Finance Ministry," an official said.

 

Aadhaar-based e-KYC facility would allow individuals or entities wanting to apply for PAN to verify details such as date of birth or address by way of biometric identification using thumb impressions.

 

So far, more than 111 crore Aadhar numbers have been issued. The unique identification number is being used for getting a new SIM card, for opening bank accounts, transfer of subsidies and also for biometric based digital payments under Aadhaar Enabled Payment System.

 

As per the government estimate, every year 2.5 crore people across the country apply for PAN cards. There are currently more than 25 crore PAN cardholders in the country.

 

Government has made PAN quoting mandatory for cash withdrawals of Rs 50,000 and cash purchase of above Rs 2 lakh.

 

Beginning January 1, the tax department has started issuing newly designed PAN cards that have added security features to make them tamper-proof and with contents written in both Hindi and English.

 

Write your Comments on this Article
Your Name
Native Place / Place of Residence
Your E-mail
Your Comment   You have characters left.
Security Validation
Enter the characters in the image above
    
Disclaimer: Kindly do not post any abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful material or SPAM. BelleVision.com reserves the right to block/ remove without notice any content received from users.
GTI MarigoldGTI Marigold
Anil Studio
Badminton Sports AcademyBadminton Sports Academy

Now open at Al Qusais

Veez Konkani IllustratedVEEZ Konkani

Weekly e-Magazine

New State Bank of India, Customer Service Point
Cool House ConstructionCool House Construction
Uzvaad FortnightlyUzvaad Fortnightly

Call : 91 9482810148

Your ad Here
Power Care
Ryan Intl Mangaluru
Ryan International
pearl printing
https://samuelsequeira.substack.com/publish
Omintec
Kittall.ComKittall.Com

Konkani Literature World

Konkanipoetry.com
Bluechem