NIC Asia Urges Customers to Update PAN and Email Details

Summary

NIC Asia Bank has urged customers to update their Permanent Account Number (PAN) and email addresses to ensure proper tax record management and improved banking services.

Key Points
  • NIC Asia Bank has requested customers to update their PAN to facilitate accurate tax deduction records.
  • PAN updates are mandatory for recording interest tax deductions in the government’s E-TDS system under the Income Tax Act 2058.
  • Customers can update PAN and email information via online portal, mobile app, or branch visits.
  • Updating PAN and email ensures timely banking communications and easier access to tax certificates.
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