NIC Asia Bank Requests Customers to Update PAN and Email for Tax
Summary
NIC Asia Bank requests customers to update their PAN and email addresses to comply with Nepal’s Income Tax Act for accurate E-TDS reporting on interest payments.
Key Points
- NIC Asia Bank urges customers to update their Permanent Account Number (PAN) to comply with Nepal’s Income Tax Act.
- Updating PAN helps in automatic matching of tax records and eases access to tax certificates.
- Customers can update their PAN via the bank’s portal, mobile app, or branches.
- The bank is not responsible for tax discrepancies if customers fail to update their PAN.