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Querist : Anonymous (Querist) 25 November 2010 This query is : Resolved
if a person working in govt. hospital, trust, blood bank which is govt. undertaking so is it compulsory to have PAN Card and to file tax.

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A V Vishal (Expert) 25 November 2010
If he has taxable income then it is mandatory to have a PAN Card and file returns also. Taxable income is the net salary after all deductions and exemptions. In case of a Male/female under the age of 65 yrs, the threshold limit for exempt income is Rs.1.6/1.9 lakhs respectively. Since, you may have taxable income and the employer needs to make TDS hence he might be insisting for a PAN Card.

Vishnu Promod Srivastava (Expert) 27 November 2010
PAN card is required for certain transactions like opening of a bank a/c, investment in shares & mutual funds and many other transactions notified by Govt.
But it is not nesseeary to file returns if the inome is below taxable limit.

Vishnu P. Srivastava Advocate

Khaleel Ahmed Mohammed (Expert) 01 December 2010
well advised. Nothing wrong to have pan card.

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