Thursday, 3 August 2017


The central government has disabled more than 11.44 lakh PAN cards. Minister of State for Finance Santosh Kumar said in the Parliament on Tuesday that it has been done in the matter, where more than one PAN card has been allocated to one person.
In the written reply to the Rajya Sabha, they said, "On 27th July, 11,44,211 PAN cards have been separated. The PAN card has found that only one person has created more than one PAN card, now it will be canceled or the PAN card will be deactivated.
They said, "The law of allotment of paan is one page per person," he said, till July 27, 1,566 fake pages have been ensured. Some people suspect that the PAN card is not included in their canceled PAN card.
A mutual fund company is an investment company that receives money from investors for the sole purpose to invest in stocks, bonds, and other securities for the benefit of the investors. A mutual fund is the portfolio of stocks, bonds, or other securities that generate profits for the investor, or shareholder of the mutual fund. A mutual fund allows an investor with less money to diversify his holdings for greater safety and to benefit from the expertise of professional fund managers. Mutual funds are generally safer, but less profitable, than stocks, and riskier, but more profitable than bonds or bank accounts, although its profit-risk profile can vary widely, depending on the fund's investment objective.Most mutual funds are open-end funds, which sells new shares continuously or buys them back from the shareholder (redeems them), dealing directly with the investor (no-load funds) or through broker-dealers, who receive the sales load of a buy or sell order.The purchase price is the net asset value (NAV) at the end of the trading day, which is the total assets of the fund minus its liabilities divided by the number of shares outstanding for that day
Find out if your PAN card is active or not
Click on the Income Tax website first. After that, the KNOW YOUR PAN option will appear on the site. Click on it. Let us tell you that there is no need to log in on this site.
After clicking on KNOW YOUR PAN, a new window will open. There you will find a form. In this form you will have to fill your middle name, surname and first name. Keep in mind that the spelling of the name you enter must be like spelling in the name of your PAN card. If not the middle name, leave this column blank. Enter the date of birth given in the PAN card. Enter the Mobile Number and click on Submit button. Then there will be a code on the mobile number. Finally, by entering that code, click Submit.


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