PAN must for Rs 50000 transaction

Stock markets crash, rupee down; investors lose Rs 6 trillion

Stock markets tumbled today with an estimated Rs 6 lakh crore getting wiped off from the invested wealth within seconds of opening trade as Sensex plunged 1,689 points on the US election trends showing lead for Donald Trump and the withdrawal of high-denomination notes worth billions.

Nov 09, 2016, 11:46 AM IST

Starting today, must quote PAN for cash transactions over Rs 50,000

Quoting the income tax Permanent Account Number (PAN) would be mandatory if you make cash transactions above Rs 50,000 from January 1, 2016.

Jan 01, 2016, 10:10 AM IST