Aadhaar for ITR filing, PAN will be auto-generated

The Income Tax Department announced that it will automatically issue PAN to all taxpayers who do not have a Permanent Account Number and are using Aadhaar for filing income tax returns (ITR).

Under this new Aadhaar-PAN rule, the Central Board of Direct Taxes (CBDT) will obtain demographic information from the Unique Identification Authority of India (UIDAI) and issue a new Permanent Account Number (PAN).

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Main:

• UIDAI Chief Executive Officer(CEO): Ajay Bhushan Pandey; Headquarters: New Delhi.

Source: The Livemint