In order to prevent tax evasions, the Income Tax Department has introduced a new set of rules applicable from 5th December as follows : Rule 1 : Father's Name not Mandatory. Where a person has only Mother as a single parent, it is not mandatory to specify Father's name on PAN card. The applicant can choose to have the Mother's name on PAN card. Rule 2 : Mandatory PAN card. If any person other than individuals who fall under Hindu Undivided Family (HUF), firm, charitable trusts, association of persons, body of individuals and local authority or company who conduct transactions amounting to Rs 2.50 lakh or more in a single financial year say 2018-19, have to apply for a PAN by May 31, 2019, if they have not already applied already. Subscribe & Follow us to stay updated!