Soon, father’s name may not be must for PAN

A draft notification proposing amendments in rule 114 of the income tax rules has proposed that furnishing father’s name will not be mandatory for those whose mother is the single parent. Current rules make it mandatory to provide the father’s name in allotment of PAN.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2wujSm8