NewsBizkoot.com

Business News Blog for Millenialaires

PAN Mandatory for Deposits & Withdrawals

1 min read
PAN Mandatory for Deposits & Withdrawals
PAN Mandatory for Deposits & Withdrawals

Frequently Asked Questions (FAQs)

I donu2019t have a PAN. What now?

A: Fill out Formu202f97 (oru202f98) with your full name, address and a supporting ID. The post office will process your transaction without a PAN.

Is Formu202f121 compulsory for everyone?

A: No. Itu2019s only needed when you want to claim a TDS exemption because your taxable income is zero. Otherwise, you can continue without it.

Where can I obtain the new forms?

A: Visit any u201cJanu202fSevau202fConnectu201d centre or download them from the official Indiau202fPost website.

Can I still use Formu202f15G/15H?

A: They remain usable until the new digital platform is fully rolled out. Check with your local postmaster for the current status.


PAN Required

Every deposit & withdrawal

Form 121

Single TDS‑exemption form

Jan Seva Connect

One‑stop citizen services

Subscribe For Latest News Updates inside your mailbox
with Our Various Newsletters  

Sign up to best of business news, informed analysis and opinions on what matters to you. 

Invalid email address
We promise not to spam you. You can unsubscribe at any time. Our Privacy Poliy is here