** No PAN? Get reday to shell out 20% tax from tomorrow **

[Rapp-Chikk]

NEW DELHI:
Get ready to shell out more tax up front on any income received if you are unable to provide your permanent account number from April 1. The tax deducted at source, or TDS, on payments could be as high as 20% for those not quoting PAN against the regular rate of 2%-10%.

[url=http://timesofindia.indiatimes.com/biz/india-business/No-PAN-Get-reday-to-shell-out-20-tax-from-tomorrow/articleshow/5746226.cms]http://timesofindia.indiatimes.com/biz/india-business/No-PAN-Get-reday-to-shell-out-20-tax-from-tomorrow/articleshow/5746226.cms[/url]