Questions and Answers

Q: My mother income is less than 50 K now.She is super senior citizen. Can I cancel her PAN card?

Ans. Yes, you can cancel the PAN card but there is no benefit for cancelling the PAN Card as PAN card is must for all the banking activities like Opening a New Account, Closing of An Account, Opening FD and PAN Card is also useful for KYC purpose. It can also be required at many other activities whether Government and Non Government Activities. So I suggest that don't cancel her PAN Card.

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