\"The procedure for PAN allotment process will undergo a change with effect from February 3, 2014,\" the finance ministry said in a statement.

A look at recent rulings which can affect you -

The I-T department will set up special counters from Thursday to enable salaried taxpayers to file their returns on paper for income up to Rs  5 lakh while those with taxable income above Rs 5 lakh will not be able to avail of this facility as it is mandatory for them to e-file their returns.

Expediting the refund process in Sahara case, market regulator Sebi sought personal and investment details of the 'genuine investors' of two Sahara firms so that they get back money directly into their bank accounts.

Demand in India for Bitcoins, a virtual currency maintained by peer networks, is largely from speculators - as it is worldwide.

Money Today experts answer your personal finance queries - banking, insurance, real estate, taxation and more.

Demand in India for Bitcoins, a virtual currency maintained by peer networks, is largely from speculators - as it is worldwide.

A look at recent rulings in the personal finance space which can affect you -

Money Today experts answer your financial queries -

The government appointed panel to suggest a roadmap for fiscal consolidation has recommended a comprehensive review of the Direct Taxes Code Bill and bringing in more services in the tax net.

The declarations in the proposal form are the basis on which the insurance companies underwrite policies, that is, assess the risk and calculate the premium to cover that risk.

The number of electronic tax returns almost doubled to as many as 16.4 million in 2011-12. This is slightly less than half the 35 million-odd returns filed for the year.

As July 31 deadline for filing income tax returns approaches, electronic filing of returns is getting popula with many people going for filing returns online.

Giving relief to taxpayers, the Income Tax Department has asked its officials to take action to refund excess tax even if such applications are hit by limitation period of four years.

E-filing of income-tax returns has become mandatory for some taxpayers as the tax department tries to modernise.

Facebook India and Google India, along with the government, have been issued notices by the Delhi High Court seeking responses on an income tax recovery plea.

All of us have a big footprint on the Net. So, what happens to all that we have stored in the cloud and in servers across the globe, after we die?

All of us have big footprint on the Net. But what happens to online accounts and content when its creator dies?

Missing the deadline for filing income tax returns can be rectified by filing a late return. As long as you do not have tax losses to be carried forward or tax that is still payable, it is possible to avoid negative consequences as well.

Times have seldom been as tough for home buyers. Lenders have increased interest rates a number of times in recent months. On another front, the land acquisition issue is becoming too hot to handle.