Wednesday, 6 August 2014

Important Message - Knowledge Helps

I received some important messages today.
I had never thought of these before...
But for the info that came my way,
I would never suspect what's in store...

Knowledge is power & info adds value...
Sharing the info here through this Post,
This is the least I can do for you...
Hope that this will help you, my Dost... 

***Important info for regular train travellers***

Don't give PAN number for Railway Tatkal Ticket booking as proof of ID.

"The Railways display the PAN. name, sex and age of passengers on reservation charts pasted on railway compartments.

This is a boon for benami transactions. It is mandatory for traders like jewelers to collect tax (TCS) from customers on purchase of jewelry worth Rs 5 lakh & bullion worth Rs 2 lakh.

To accommodate high net worth customers, traders have a easy source of benami PAN numbers, name, sex and age from reserved railway compartments. A traveller recently noticed a chap copying PAN particulars along with name, age and sex pasted on reserved compartments, and when confronted with the help of railway police, he admitted that he gets Rs 10 per PAN particulars from jewellers. These persons are copying PAN information of senior citizens, women etc from sleeper class with the intention that passengers in sleeper class are not serious tax payers and generally salaried class..

In that case the department will first initiate action from the tax payer's side asking him to explain the sources of money for the above transaction done in his name and also to prove that he has not carried on the above transaction..
You may quote your driving licence #, Voter ID # etc as your ID Proof but definitely not your PAN.
Spread this msg to all ur frndz and relatives."

***Important info - Take care while submitting KYC Documents***

Write the purpose for which you are submitting KYC Documents

"In ordinary course we keep issuing and submitting our KYC (Know Your Customer) documents (identity and residential proofs..such as PAN card, electricity bill etc.) to various people. For housing or car or other loans, bank accounts, or even for buying new sim card we submit these documents. 

At almost all these places they ask for self certification on these documents. We immediately sign those documents and hand over. Just imagine your self certified copies are freely available in the hands of such persons & those documents can be used by him for EVERYTHING! 

It is really serious and its been seen that in most of the terrorist activities, KYC documents are sourced from the SIM card sellers. Hence, please inculcate a habit of writing the purpose for which you are submitting the self certified KYC Documents so that those documents cannot be used again. Please share this as much as possible."


  1. whaaaaaaaaaaaaaaat the hell!
    DAMN DAMN..Need to be careful.

    1. Seriously, Red!
      We all need to take care :)

  2. seriously i wasn't aware of these facts .. ! thank you so much for this :)

  3. Anitaji you really deserve thanks for such a nice post. A lot of cases of mis using PAN Cards and other documents are reported. I would like to request one thing. Comments containing less than 60 characters are totally filtered out, Comments containing less120 characters but more than 60 characters are categorised as sub standard and Comments containing more than 120 characters are considered as standard comments by Google.

    1. Thanks Sampatji for your informative comment about comments.
      Thanks for your appreciation about this post. I shared the info as it is important...


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