In the Indian financial landscape, PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) are two crucial identification numbers issued by the Income Tax Department. While both are alphanumeric codes, they … READ FULL STORY
Under the Indian income tax (IT) laws, a property owner is liable to pay taxes to the government on its sale, based on the holding period and profit earned (known as capital gains). The … READ FULL STORY
What is PAN KYC? KYC, the procedure of confirming the consumers’ identities, stands for ‘Know Your Client or ‘Know your Customer’. In 2002, the Reserve Bank of India (RBI) issued KYC regulations that applied … READ FULL STORY
The most well-known of the four credit information providers licensed by the Reserve Bank of India is the Credit Information Bureau (India) Limited (CIBIL). CIBIL Limited keeps credit records on 600 million citizens and … READ FULL STORY
