PAN (Permanent Account Number) is a unique identification number assigned to individuals, businesses, and other entities in India for tax purposes. The PAN card is a physical document that contains the PAN number and other details of the cardholder, such as their name, photograph, date of birth, and signature.
The PAN number is a 10-character alphanumeric code that is unique to each individual or entity, and it serves as a universal identification key for all financial transactions in India. It is issued by the Income Tax Department of India, and the card serves as a proof of identity and is used for various purposes such as opening a bank account, filing income tax returns, and making investments.
In summary, the PAN card is an important document that helps the government track financial transactions of individuals and entities in India and ensure compliance with tax regulations.
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About Pan Card
The PAN card serves as a proof of identity and is used for various financial transactions in India, such as opening a bank account, investing in securities, and filing income tax returns. It is issued by the Income Tax Department of India, and it is mandatory for all individuals and entities that carry out financial transactions above a certain limit.
To apply for a PAN card in India, one needs to fill out the appropriate form online, submit the required documents, and pay the application fee. The application can be tracked online, and once approved, the PAN card will be delivered to the applicant’s registered address.
It is important to note that the PAN card is a critical document for tax-related activities in India, and it is illegal to use a fake or duplicate PAN card. Also, if there are any changes in the information provided in the PAN card, such as a change in name or address, the cardholder should update the information with the Income Tax Department.
Importance of Pan Card
PAN (Permanent Account Number) card is an important document for individuals and entities in India due to the following reasons:
- Identification: PAN card serves as a unique identification key for individuals and entities in India, which helps in establishing their identity and conducting financial transactions.
- Taxation: PAN card is essential for filing income tax returns and paying taxes in India. It also helps in tracking financial transactions and preventing tax evasion.
- Financial transactions: PAN card is mandatory for various financial transactions in India, such as opening a bank account, making investments, buying and selling property, and applying for loans.
- Government services: PAN card is also required for availing various government services, such as applying for a passport, getting a driving license, and applying for a gas connection.
- Proof of address and age: PAN card also serves as a valid proof of address and age, which can be used for various purposes, such as applying for a loan or a credit card.
In summary, PAN card is an important document that helps the government track financial transactions of individuals and entities in India, ensure compliance with tax regulations, and prevent tax evasion. It also serves as a valid proof of identity, address, and age and is required for various financial and government-related transactions.
Eligibility Criteria for applying for a PAN Card
The eligibility criteria for applying for a PAN (Permanent Account Number) card in India are as follows:
- Individuals: Any Indian citizen, whether residing in India or abroad, can apply for a PAN card. Minors can also apply for a PAN card, but the application should be made on their behalf by their parents or guardians.
- Companies: Any company registered in India can apply for a PAN card. The application should be made in the name of the company, and the authorized signatory should sign the application form.
- Partnership firms: Any partnership firm registered in India can apply for a PAN card. The application should be made in the name of the partnership firm, and the authorized signatory should sign the application form.
- Trusts: Any trust registered in India can apply for a PAN card. The application should be made in the name of the trust, and the authorized signatory should sign the application form.
- Association of persons (AOP): Any association of persons registered in India can apply for a PAN card. The application should be made in the name of the AOP, and the authorized signatory should sign the application form.
Document Required for Pan Card online
To apply for a PAN (Permanent Account Number) card in India, the following documents are required:
- Proof of identity: This can be any of the following documents:
- Aadhaar card issued by the Unique Identification Authority of India (UIDAI)
- Voter ID card
- Driving license
- Passport
- Ration card with a photograph of the applicant
- Photo identity card issued by the Central Government, State Government, or Public Sector Undertaking
- Proof of address: This can be any of the following documents:
- Aadhaar card issued by the UIDAI
- Voter ID card
- Driving license
- Passport
- Bank account statement
- Credit card statement
- Water bill
- Gas connection bill
- Landline bill
- Electricity bill
- Property tax assessment order
- Proof of date of birth: This can be any of the following documents:
- Birth certificate issued by a Municipal Authority or Registrar of Births and Deaths
- Aadhaar card issued by the UIDAI
- Passport
- Driving license
- Matriculation certificate or mark sheet
In addition to the above documents, a recent passport-size photograph of the applicant is also required.
It is important to note that the documents should be valid and should match the information provided in the PAN card application form. Any mismatch or discrepancy in the information may result in the rejection of the application.
Pan Card Apply Fees
The fee for applying for a PAN (Permanent Account Number) card in India varies based on whether the applicant is an Indian citizen or a foreign national. The fee also varies depending on the mode of application.
For Indian citizens
the fee for applying for a PAN card is as follows:
- Online application: Rs. 107 (including GST)
- Physical application: Rs. 115 (including GST)
For foreign nationals
the fee for applying for a PAN card is as follows:
- Online application: Rs. 1,017 (including GST)
- Physical application: Rs. 1,125 (including GST)
It is important to note that the fees mentioned above are subject to change, and applicants should check the official website of the Income Tax Department of India for the latest fee structure. The payment for the PAN card application can be made online using a credit/debit card, net banking, or demand draft.
How to online apply Pan Card
There are two ways to apply for a PAN (Permanent Account Number) card in India: online and offline. Here are the steps to apply for a PAN card:
Online application
- Visit the official website of NSDL (National Securities Depository Limited) or UTIITSL (UTI Infrastructure Technology and Services Limited), which are authorized agencies for processing PAN card applications in India.
- Click on the “New PAN Card (Form 49A)” option.
- Fill in the PAN card application form online, providing accurate personal and contact details.
- Upload the scanned copies of supporting documents, including proof of identity, proof of address, and proof of date of birth.
- Pay the application fee online using a credit/debit card, net banking, or demand draft.
- Submit the application form and take note of the acknowledgement number for future reference.
- The PAN card will be sent to the applicant’s address within a few weeks.
Offline application
- Download the PAN card application form from the official website of NSDL or UTIITSL.
- Fill in the application form with accurate personal and contact details.
- Attach the supporting documents, including proof of identity, proof of address, and proof of date of birth.
- Make a demand draft or a cheque for the application fee in favor of “NSDL – PAN” or “UTIITSL – PAN”.
- Submit the application form along with the demand draft/cheque to the nearest NSDL or UTIITSL office or to any authorized collection center.
- After processing the application, the PAN card will be sent to the applicant’s address within a few weeks.
It is important to note that the application process and fees may change from time to time. Therefore, applicants should check the official website of NSDL or UTIITSL for the latest information before applying for a PAN card.
Important Links for Pan Card
- Apply Online – Click here
- Reprint Pan Card – Click Here
- Check Status Pan Card – Click Here
- Download Pan Card – Click Here
- Official Website – Click Here
Pan Card Status Check
To check the status of your PAN (Permanent Account Number) card application in India, you can follow these steps:
- Visit the official website of NSDL (National Securities Depository Limited) or UTIITSL (UTI Infrastructure Technology and Services Limited), which are authorized agencies for processing PAN card applications in India.
- Click on the “Track PAN Card Application Status” option.
- Select the type of application (new PAN card or changes/corrections to an existing PAN card).
- Enter your 15-digit acknowledgement number or your name and date of birth as per the application form.
- Enter the captcha code displayed on the screen.
- Click on the “Submit” button.
- The status of your PAN card application will be displayed on the screen.
The status of the PAN card application may include the following details:
- Application received
- Under process
- Dispatched
- PAN card delivered
If the status shows that the PAN card has been dispatched, you can also track the delivery status of the PAN card by entering the consignment number provided by the courier service on the official website of the courier company.
It is important to note that the PAN card application status may take a few days to update, and applicants should wait for a reasonable amount of time before checking the status. If there is any delay or issue with the application status, applicants can contact the NSDL or UTIITSL customer service for assistance.
Pan Card Download Online
Once the PAN (Permanent Account Number) card is issued, it can be downloaded from the official website of NSDL (National Securities Depository Limited) or UTIITSL (UTI Infrastructure Technology and Services Limited), which are authorized agencies for issuing PAN cards in India. Here are the steps to download a PAN card:
- Visit the official website of NSDL or UTIITSL.
- Click on the “Download PAN Card” option.
- Select the type of PAN card you want to download – individual, partnership firm, company, etc.
- Enter your PAN card number, full name, and date of birth.
- Enter the captcha code displayed on the screen.
- Click on the “Submit” button.
- If the details provided are correct, the PAN card will be displayed on the screen in PDF format.
- Download and save the PAN card for future use.
It is important to note that the PAN card downloaded from the NSDL or UTIITSL website is a valid document and can be used for all official purposes. However, it is advisable to keep a physical copy of the PAN card as well, in case the downloaded copy is lost or damaged.
FAQ – Pan Card Online
ome frequently asked questions (FAQs) related to PAN (Permanent Account Number) card in India. Here are some of them:
The PAN card is a unique 10-digit alphanumeric code issued by the Income Tax Department of India to identify individuals or entities engaged in financial transactions. It is used to track the financial transactions of taxpayers, including tax payments, investments, and other income sources.
Any Indian citizen or foreign national who earns income in India or has financial transactions in India can apply for a PAN card.
Proof of identity, proof of address, and proof of date of birth are the primary documents required to apply for a PAN card.
The fee for applying for a PAN card varies based on the mode of application and the processing agency.
For Indian citizens, the fee for applying for a PAN card is as follows:
Online application: Rs. 107 (including GST)
Physical application: Rs. 115 (including GST)
For foreign nationals, the fee for applying for a PAN card is as follows:
Online application: Rs. 1,017 (including GST)
Physical application: Rs. 1,125 (including GST)
It usually takes 15-20 business days to receive a PAN card after the application is submitted.
No, a PAN card is not a proof of citizenship in India. It is only a proof of identity and used for financial transactions.
If you lost your PAN card, you can apply for a duplicate PAN card by submitting a copy of the FIR (First Information Report) and other supporting documents to the Income Tax Department or the authorized processing agency.
Yes, a PAN card can be surrendered or canceled if it was obtained through fraudulent means or if the holder no longer requires it. The Income Tax Department or the authorized processing agency can be approached to surrender or cancel the PAN card.
Yes, it is mandatory to link Aadhaar card with PAN card. The Supreme Court of India has made it mandatory to link Aadhaar card with PAN card for filing income tax returns and for making financial transactions above a certain threshold.
Yes, you can apply for a PAN card even if you do not have a permanent address in India. You can provide a temporary address or the address of your nearest Indian embassy or consulate.
Yes, a PAN card can be updated or corrected by submitting a request for changes or corrections to the Income Tax Department or the authorized processing agency along with the relevant documents.
Yes, a PAN card can be used as a proof of identity for various purposes such as opening a bank account, applying for a passport, buying or selling property, etc.
Yes, there is a difference between a PAN card and a TAN (Tax Deduction and Collection Account Number) card. While a PAN card is used to track individual taxpayer’s financial transactions, a TAN card is used to track the tax deducted or collected at source by businesses and employers.
Yes, foreign nationals who have taxable income in India or engage in financial transactions in India can apply for a PAN card by submitting the required documents and fees.
You can update your address in your PAN card by submitting a request for changes or corrections to the Income Tax Department or the authorized processing agency along with the relevant documents, including proof of address.
Yes, foreign nationals who have taxable income in India or engage in financial transactions in India can apply for a PAN card by submitting the required documents and fees.
No, you cannot have more than one PAN card. It is illegal to have more than one PAN card, and if caught, you may be penalized or face legal action.
Yes, a PAN card can be issued to minors, but it should be applied for by their parent or legal guardian on their behalf.
No, you cannot change the photograph on your PAN card. Once the PAN card is issued, the photograph cannot be changed unless there are any discrepancies or errors in the photograph.
No, there is no validity period for a PAN card. Once issued, the PAN card remains valid for lifetime unless it is surrendered or canceled.
2 Comments
Mere pan card m dob galat h kya m correction kra skta hu yadi ha to kaise
Dear Avnish!
You need to visit your nearest Common Service Center or NSDL Center.