Income Tax rules: PAN mandatory for withdrawing Rs 20 lakh, opening current account

From May 26 onwards, anyone depositing or withdrawing Rs 20 lakh or more from one or more bank accounts in a financial year will have to quote the Permanent Account Number (PAN) at the time of withdrawal. With a view to curb evasion of taxes through the use of cash, the Central Board of Indirect Taxes (CBDT) has…

Algerian judoka, coach, slapped with 10-year ban for pulling out of Tokyo Olympics to avoid Israeli opponent

HIGHLIGHTS Nourine and his coach are banned from all IJF events and activities through to July 23, 2031 The IJF said the pair used the Games “as a platform for protest and promotion of political and religious propaganda” pulled out of the 2019 world championships in Tokyo for the same reason Algerian Fethi…