PAN Card returns?

I am from Bangalore, I got my PAN card just today, i am not applicable to pay any tax to govt. as my income is below 150000/- so i need not pay may tax, kindly help me if i had to pay no tax then i should i file the returns to govt. how should i go about it. kindly help

If your income is less than the threshold limit, which is Rs.150000 for males, Rs.180000 for females and Rs.225000 for senior citizens in the current financial year, you don't need to file IT return.
But filing a return would be beneficial, for it would build up your capital.
To file a return, consult an IT advocate or a CA. It won't be easy for you, as too many forms have been introduced.

if the income is below the taxable limit, you need not file a Tax Return

If your income is less than the threshold limit, which is Rs.150000 for males, Rs.180000 for females and Rs.225000 for senior citizens in the current financial year, you don't need to file IT return.

Its not necesary for you to file return and u dont need to return your PAN Card as it is also compulsory to quote PAN in all documents pertaining to financial transactions notified from time-to-time by the Central Board of Direct Taxes. Some such transactions are sale and purchase of immovable property or motor vehicle or payments in cash, of amounts exceeding Rs. 25,000/-to hotels and restaurants or in connection with travel to any foreign country. It is also mandatory to mention PAN for obtaining a telephone or cellular telephone connection. Likewise, PAN has to be mentioned for making a time deposit exceeding Rs. 50,000/- with a Bank or Post Office or depositing cash of Rs. 50,000/- or more in a Bank.

PAN Card is a very important proof so keep it safely.