Our collection of resources based on what we have learned on the ground
What is the significance of PAN to employers in India?
Q&AIn addition to witholding individual income tax monthly, businesses must issue an annual certificate within two months from the end of the tax year to employees regarding the amount of tax deducted at the source of income. All employees must be registered with tax authorities via a Permanent Account Number (PAN) in India. The PAN must also be quoted on all relevant correspondences with tax authorities.
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