Blogs Frequently Asked Questions

The QR code enables PAN 2.0 to collect an individual's personal information more easily, and it provides high-level encryption security for individual information. To access and read the QR code, you will need authorised software, which cannot be easily available.

In the current situation, citizens need to update their PAN card to PAN 2.0 for easy and secure identification through the QR code, which ordinary applications or scanners cannot read.

Go to the Income tax e-filling portal> Click on 'Verify' your PAN, and enter your PAN number, full name, date of birth, and mobile number. Upon receiving OTP, your PAN details can be checked.

PAN 2.0 is a project of the Income Tax Department, approved by the CCEA, which aims to enhance the taxpayer registration process through advanced technology-driven PAN and TAN services, providing a Paperless process with a secure system. It differs from their existing PAN card because old PAN cards require a paperwork process and don't have an e-PAN. However, PAN 2.0 is a fully digital process, without a single piece of paperwork, and also contains a QR code that protects it from unwanted threats, such as duplicate or fake PAN cards.

To upgrade your old PAN card to PAN 2.0, you need to visit the NSDL or UTIITSL e-PAN portal and enter all the details like name, date of birth, PAN number, and captcha. Then you have to verify your information by checking all the boxes and choose the mentodf to receive OTP and enter it in under 10 minutes, and after aggreging to terms you will be redirected to payemt page where you have to pay fees, but if you have applied for an PAN within 30 days then you don't have to pay any fees and if after 30 days then you need to give INR 8.26 including GST, and you will get your e-PAN in your registered email address.

PAN 2.0 is an e-government project to make the PAN card more advanced and to upgrade it. It will help TAN and PAN services and make the application process paperless and secure. It has a unique QR code that will make verification quick and easy.

Go to the e-filling portal> login >Under the profile section on the Dashboard. Choose the link Aadhar to PAN option. Click on Link Aadhar.

The Kuwaiti Dinar is so high because of its involvement in the gas and oil industry. Kuwait is one of the biggest oil exporters in the world, with vast reserves all across the country. Also, the largest oil reserves in the world are found in Kuwait.

The most traded currency in the world is the US dollar (USD). It has a $6.6 trillion global daily average trading volume. It is because the country has the largest economy in the world, and the US dollar is widely used as a reserve currency and in international transactions.

The Swiss Franc is considered the most stable global currency. It is because the economy of the country is strong, has low debts, and conservative monetary policies.

The strongest currency pair is the US dollar (USD) and the euro (EUR), as both currencies are traded most commonly, and both countries have strong and large economies.

One of the simplest ways to know which currency is the strongest is to use the exchange rates and compare one currency with the other. A higher exchange rate showcases currency strength and indicates the stronger currency.

There are several factors that cause a country's currency to have the highest value in the world. It includes interest rates, economic growth, stability, demand and supply, inflation, and more.

The weakest currency in the world is the Iranian Rial (IRR). This is the outcome of factors such as political unrest in the country. In addition, the nuclear program and the Iran-Iraq war have also played a big role in making the Iranian Rial the weakest currency.

The Kuwaiti Dinar (KWD) has the highest currency value in the world. For many years, the country has maintained its number one position among the strongest currencies in the world. The key reason behind it is the economic stability of the country.

The process of writing a power of attorney for property is as follows: Determine the type of POA, Know the principal's requirements, Identify which POA is needed based on the requirements, Mention the details of the principal and the agent, Define the scope of authority for the agent, Mention the Power of Attorney Validity, Include the safeguards and legal clauses to protect the principal, The principal and the agent should sign the documents in the presence of the witnesses, Lastly, get the document notarised.

Yes, an NRI Power of Attorney can be used to sell the property in India while the NRIs are still staying abroad.

The Power of Attorney Validity for property depends on the time mentioned in the document or until the principal revokes the POA. If the principal becomes incapacitated, then the durable POA remains valid, but the non-durable doesn't.

A General Power of Attorney (GPA) in property allows the agent to act on behalf of the principal in matters of buying or selling property and transferring real estate with the specified authorities.

Yes, an NRI can buy property in India without the Power of Attorney. They can make the purchase remotely and appoint a resident Indian to act on their behalf.