Question

    PAN is currently required for cash deposits of Rs _____ or more per day.

    A Rs 30,000 Correct Answer Incorrect Answer
    B Rs 40,000 Correct Answer Incorrect Answer
    C Rs 50,000 Correct Answer Incorrect Answer
    D Rs 60,000 Correct Answer Incorrect Answer
    E Rs 70,000 Correct Answer Incorrect Answer

    Solution

    PAN is currently required for cash deposits of Rs 50,000 or more per day. With these restrictions, a total annual threshold of Rs 20 lakh has been set.

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