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ITBA-PAN: Proposed Portal by the Tax Department Promises the Moon

TaxPlanning

Get a new PAN and PAN card in 48 hours flat, instead of the usual 15 days.

Request for deletion or deactivation of your PAN from the comfort of your home.

Or activate a wrongly deleted or deactivated one equally easily.

Wondering what’s changed?

The Government is all set to launch the Income Tax Business Application-Permanent Account Number (ITBA-PAN), expected to be brought into effect by October end.

With this, the Income Tax Department will be able to have a 360-degree view of all tax assessees. The system also promises to curb black money proliferation through duplicate or fake PANs which will now bubble up on the taxman’s radar.

So, PAN up and go digital with the ITBA-PAN!

 

Additional Reading: All about Taxation in India

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