Hello,
I have few queries reagrding Family pension. My mother applied to get her family pension transferred from another state. Now after a year's time all the documents/ intimation have reached to the bank. When we visited bank in Feb -
1. The bank official said that the Pension arrears and pension cannot be given during financial year end i.e. in March. Is there any govt rules / regulations, by which pension cannot be given in March ? Now they are telling they can give in April end.
2. The bank official said that PAN card is mandatory.
My mother's total source of income is less than 1 lakh INR. And interest does not exceed 10,000 during a financial year. Is PAN card is mandatory for a pensioner who already has account in the branch and source of income is non-taxable?
Any help on this would be great.
Thank you.
