What Is Pan Card
PAN (Permanent Account Number) card is a unique ten-digit alphanumeric identification number issued by the Indian Income Tax Department to individuals, companies, and entities residing in India. It serves as a universal identification key for all financial transactions and is mandatory for various purposes, such as opening a bank account, filing income tax returns, and carrying out high-value transactions. The PAN card contains the holder's name, photograph, date of birth, and PAN number, along with other necessary details. It is a vital document for taxation purposes in India and must be quoted in various financial transactions to avoid penalties and legal consequences.
How To Apply For New PAN Card
To apply for a new PAN (Permanent Account Number) card 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 the two agencies authorized by the Indian government to issue PAN cards.
After submitting the application form, you will receive an acknowledgment number. You can use this number to track the status of your PAN card application.
- Click on the "New PAN" or "Apply for PAN" option.
- Select the application form that suits your status (individual, company, etc.)
- Fill out the application form with your personal and contact details, such as your name, date of birth, email ID, and phone number.
- Upload the required documents such as proof of identity, proof of address, and proof of date of birth. You will need to provide a scanned copy of these documents.
- Pay the application fee. The fee varies depending on the mode of application and whether the applicant is Indian or foreign.
- Submit the application form and keep the acknowledgement receipt for future reference.
After submitting the application form, you will receive an acknowledgment number. You can use this number to track the status of your PAN card application.
After verification of your application and documents, your PAN card will be dispatched to your registered address.
Note: You can also apply for a PAN card offline by visiting any of the NSDL or UTIITSL offices and submitting the required documents and application fee in person.
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