PAN card rules to change from this Wednesday. List of new amendments in Income Tax Rules, 19621 min read . Updated: 03 Dec 2018, 02:50 PM IST
The government has amended Income Tax Rules, 1962, and has inserted new clauses. According to the new rules, having a PAN card is mandatory for all entities doing business of at least ₹2.5 lakh. The second amendment allows those with single mothers to not mention their father's name in PAN card application forms.