ജനുവരി ഒന്നുമുതല്‍ രണ്ട് ലക്ഷത്തിനു മുകളിലുള്ള പണ ഇടപാടുകള്‍ക്ക് പാന്‍കാര്‍ഡ് നിര്‍ബന്ധം

NewsDesk
ജനുവരി ഒന്നുമുതല്‍ രണ്ട് ലക്ഷത്തിനു മുകളിലുള്ള പണ ഇടപാടുകള്‍ക്ക് പാന്‍കാര്‍ഡ് നിര്‍ബന്ധം

കള്ളപ്പണം തടയാന്‍ സര്‍ക്കാന്‍ കടുത്ത നടപടികള്‍ക്ക് ഒരുങ്ങുന്നു. രണ്ടു ലക്ഷം രൂപയ്ക്ക് മുകളിലുള്ള എല്ലാ പണ ഇടപാടുകള്‍ക്കും പാന്‍കാര്‍ഡ് നിര്‍ബന്ധമാക്കാന്‍ കേന്ദ്രസര്‍ക്കാര്‍ തീരുമാനിച്ചു. അടുത്ത വര്‍ഷം ജനുവരി ഒന്നു മുതല്‍ ഇതു നടപ്പാക്കുമെന്ന് ധനകാര്യമന്ത്രി അരുണ്‍ ജെയ്റ്റ്‌ലി അറിയിച്ചു.

നേരത്തെ ഇത് ഒരു ലക്ഷം രൂപയായാണ് നിശ്ചയിച്ചിരുന്നത്. വിവിധ വ്യാപാരി സംഘടനകളില്‍ നിന്നുള്ള ശക്തമായ സമ്മര്‍ദ്ദത്തെ തുടര്‍ന്നാണ് തീരുമാനം മാറ്റിയത്. പുതിയ നിയമം എങ്ങനെയാണെന്ന് നോക്കാം.

 


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NATURE OF TRANSACTION

MANDATORY QUOTING OF PAN (RULE 114B)

Existing requirement

New requirement

1.

Immovable property

Sale/ purchase valued at Rs.5  lakh or more

i.       Sale/ purchase exceeding Rs.10 lakh;

ii.     Properties valued by Stamp Valuation authority at amount exceeding Rs.10 lakh will also need PAN.

2

Motor vehicle (other than two wheeler)

All sales/purchases

No change

3.

Time deposit

Time deposit exceeding Rs.50,000/- with a banking company

i.      Deposits with Co-op banks, Post Office, Nidhi, NBFC companies will also need PAN;

ii.    Deposits aggregating to more than Rs.5 lakh   during the year will also need PAN

4.

Deposit with Post Office Savings Bank

Exceeding Rs.50,000/-

Discontinued

5.

Sale or purchase of securities

Contract for sale/purchase of a value exceeding Rs.1 lakh

No change

6.

Opening an account (other than time deposit) with a banking company.

All new accounts.

i. Basic Savings Bank Deposit Account excluded (no PAN requirement for opening these accounts);

ii. Co-operative banks also to comply

7.

Installation of telephone/ cellphone connections

All instances

Discontinued

8.

Hotel/restaurant bill(s)

Exceeding Rs.25,000/- at any one time (by any mode of payment)

Cash payment exceeding Rs.50,000/-.

9.

Cash purchase of bank drafts/ pay orders/ banker's cheques

Amount aggregating to Rs.50,000/- or more during any one day

Exceeding Rs.50,000/- on any one day.

10.

Cash deposit with banking company

Cash aggregating to Rs.50,000/- or more during any one day

Cash deposit exceeding Rs.50,000/- in a day.

11.

Foreign travel

Cash payment in connection with foreign travel  of an amount exceeding Rs.25,000/- at any one time (including fare, payment to travel agent, purchase of forex)

Cash payment in connection with foreign travel or purchase of foreign currency of an amount exceeding Rs.50,000/- at any one time (including fare, payment to travel agent)

12.

Credit card

Application to banking company/ any other company/institution for credit card

No change.

Co-operative banks also to comply.

13.

Mutual fund units

Payment of Rs.50,000/- or more for purchase

Payment exceeding Rs.50,000/- for purchase.

14.

Shares of company

Payment of Rs.50,000/-  or more to a company for acquiring its shares

i.      Opening a demat account;

ii.    Purchase or sale of shares of an unlisted company for an amount exceeding Rs.1 lakh per transaction.

15.

Debentures/ bonds

Payment of Rs.50,000/- or more to a company/ institution for acquiring its debentures/ bonds

Payment exceeding Rs.50,000/-.

16.

RBI bonds

Payment of Rs.50,000/-or more to RBI for acquiring its bonds

Payment exceeding Rs.50,000/-.

17.

Life insurance premium

Payment of Rs.50,000/- or more in a year as premium  to an insurer

Payment exceeding Rs.50,000/- in a year.

18.

Purchase of jewellery/bullion

Payment of Rs.5 lakh or more at any one time or against a bill

Deleted and merged with next item in this table

19.

Purchases or sales of goods or services

No requirement

Purchase/ sale of any goods or services exceeding Rs.2 lakh per transaction.

20.

Cash cards/ prepaid instruments issued under Payment & Settlement Act

No requirement

Cash payment aggregating to more than Rs.50,000 in a year.

English summary
From Jan 1, PAN mandatory for transactions above Rs 2 lakh

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