I-T dept asks taxpayers to link PAN with Aadhaar by May 31 to avoid higher TDS deduction
New Delhi: The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid tax deduction at a higher rate. As per income tax rules, if a Permanent Account Number (PAN) is not linked with biometric Aadhaar, TDS is required to be deducted at double the applicable rate. Last…
