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Importance of PAN ? Permanent Account Number PAN or Permanent Account Number is a 10 digit code issued by the Income Tax department to every assessee. For specified transactions every person has to quote his or her permanent account number ( PAN ) compulsorily according to a new rule 114. Under new series Permanent Account Number or PAN is an …
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Residential Status of the person in India The Income Tax liability of a person is determined on the basis of his residential status. Under section 6 of Income Tax Act the rules to determine the residential status have been given. There are two classes of determinaries ? Indian Residents and Non Resident Indians (NRIs). Other persons/HUF can be classified into …
Continue readingHow to invest in Share market We need to think twice before investing money in share market. Share market is the place where ever one likes to earn money easily. But it all depends on the knowledge, luck, global issues, other country economical market, currency variations, and many other things. Share market is a place to get by watching on …
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