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In September 2024, Protean announced its bid for the Income Tax Department of India's PAN 2.0 project. This initiative by the IT Department aimed to create, manage, and maintain the PAN database as well as consolidate PAN and Tax Deduction and Collection Account Number (TAN) services. [33]
The central government has introduced a new online service called "Know Your PAN", [3] to for knowing your PAN number, verify your PAN [4] for new and existing PAN numbers. [5] Failure to comply with the provisions of Section 139A of Income Tax Act, a penalty of ₹10,000/- for each default is payable u/s.272B to the assessing officer. [6]
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National Securities Depository Limited (NSDL) is an Indian central securities depository under the jurisdiction of Ministry of Finance, Government of India based in Mumbai. The enactment of Depositories Act, December 1995 paved the way for establishment of NSDL. It was established in 1995 as the first electronic securities depository in India ...
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When a customer decides to use toll-free service, they assign a Responsible Organization (RespOrg) to own and maintain that number. The RespOrg can be either the IXC that is going to deliver the majority of the toll-free services or an independent RespOrg. [6] When a toll-free number is dialed, each digit is analyzed and processed by the LEC.
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