A permanent Account Number (PAN) is a ten-digit alphanumeric number with the first five characters are uppercase alphabets allotted by the Income Tax Department of India. Every individual who applies will receive a unique PAN as a laminated tamper-proof card or a PDF file. It is issued under Section 139A of the Indian Income Tax Act, 1961, with the supervision of the Central Board for Direct Taxes (CBDT).
- Proof of identification.
- Valid across India.
- Identification for various taxpayers in the nation.
- Registration for a Business [Unique Tax Registration Number (TRN)].
- Buying or Selling [Goods or Services when exceeding Rs. 2 Lakh, Gold & Bullion when exceeding Rs. 5 lakh, Immovable Property & Assets when exceeding Rs. 10 Lakhs, and All Vehicles except for 2-wheelers].
- Income Tax Returns [Reduce Tax Deduction at Source, Filing ITR, and Claiming Tax Refunds].
- Transactions when exceeding Rs 50,000 [Depositing Cash in Bank Account, Banker Cheque & Demand Drafts, Payments to Prepaid Instruments for a Financial Year, Life Insurance Premiums for a Financial Year, Hotels & Restaurant Bills, and Cash Payments for Travel].
- Opening Accounts such as Bank Accounts, Demat Accounts, and NRO Accounts.
- Foreign Transactions like Transferring money from an NRE account to NRO Account.
- Buying Bonds, Mutual Funds, and Debentures that exceed Rs 50,000 in value in one year.
- Buying or Selling Securities that exceed Rs. 1 Lakh.
FLEXIBLE
Apply for your PAN card from anywhere at your preferred time.
CONVENIENT
Get your PAN card with ease and comfort.
LESS TIME
Obtaining a new PAN Card will require less time.
ENSURE SECURITY
The process of applying for and getting a PAN card is safe and secure.
DEDICATED SUPPORT
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