PAN Card-What is the Importance of Permanent Account Number Card?

        PAN Card is a Valid ID Proof. Permanent Account Number (PAN) is a 10 Digit Alphanumeric “Identity Card”, PAN Card is also acceptable all Financial Transactions and used to “Flow of your Money”. One of the most Imortant of PAN Card, when Paying Income Tax, Receiving Tax Refunds from Income Tax Department of India.

Uses of PAN Card:-

• Borrowing a Laon
• Purchasing a Property
• Apply for Credit Card/Debit Card
• Buyinng/Selling Vehicle
• Purchasing Jwellery
• Making Insurancr Payment
• Making Investment in Mutual Funds
• Register a New Business
• Fix Deposits
• Opening An New Bank Account

PAN Card Serve as Identity Proof:-

PAN Card is only Individual Identity Proof accceptable all over India, PAN Card details like:-

• 10 Digit Unique Alphanumeric Number
•  Candidate Name
• Cadidate’s Father Name
• Date of Birth
• Signature

Eligibility Criteria for PAN Card:-

1. The Applicant must be Indian Citizen
2. Identity Proof Certificate
3. Residence Proof Certificate
4. Date of Birth Certificate
5. Passport Size Photograph
6. Digital Signature

Minimum Age to Apply for a PAN Card:-

The Minimum Age of Applicant to Apply for PAN Card is 18 Years or Above. All Indian Citizens

Can Minor Apply PAN Card?

The Minimum Age of Apply to PAN Card is 18 years, Minors can also Apply PAN Card on behalf of Parents or Guardian if necessary to Investment in Mutual Fund  or Property.

 PAN Card- Permanent Account Number:-

         Pan Card is an Individual All Tax relaed Information, Issued by The Income Tax Departmet of India. PAN Card serve as “Identity Proof”, It Contain 10 Digit Unique Alphanumeric Number, All Tax related Information & Flow of Mony Trnsanction of  person’s PAN Card.

NRI-PAN Card- Permanent Account Number:-

NRI Stand for “Non Resident Indian ” it refer to Indian Citizens, who Residing in Foreign Country for various reason such as Employment, Business, Educational Purpose & Personal Preferences. NRI- PAN Card is the Most Important Document Proof of Individual Identity, Issued by The Income Tax Department of India.

NRI- PAN Card Track for Financial Transaction, Heavy Amount Transaction, Investing in Mutual Funds, Sell or Purchase Property and Applying for Credit Card.

Proof of Identity PAN Card:-

        PAN Card Documents Acceptable as “Proof of Identity” in all over India. PAN Card support for different type of Application.

• PAN Card is unique Identification Number used for Tax Purpose & Including Income Tax.
• PAN Card serve as  Individual Valid Proof of Identity.
• PAN Card serve as Proof of Photo Identity, In the case of Organization, Company, Firm no Photograph on the PAN Card.
• PAN Card is a valid Identity for Filing Income Tax Returns.
• PAN Card stand for Permanent Account Number.

  Basic Information About PAN Card:-

• PAN Stand for Permanent Account Number, PAN is 10 Digit Unique Alphanumeric Number Issued by The Income Tax Department, Government of India.
• PAN Card’s Holder Name.
• PAN Card ‘s Holder Father’s Name.
• Bate of Birth.
• Photograph.
• Candidate’s Signature.
• QR Code.
• Permanent Account Number.
• Date of Issued PAN Card.

 Purpose of PAN Card:-

With the help of “Pan Card”, Government Track Financial Transctions in your Bank Account. Pan Card required for :-

• Opening A New Bank Accout.
• High Value Transactions.
• Buying OR Selling of Property.
• Investment in Mutual Funds.
• Pan Card is necessary for Tax Payer Candidates.

 PAN Card’s Holder Details:-

1. Name of Cardholder-Name of the individual , Partnership Firm, LLP Or Company.
2. Name of Father-Name of Father printed on PAN Card.
3. Date of Birth- Cardholder’s Date of Birth.
4. PAN Number- 10 Digit Alpha-Numeric Number, Each Character represent information about Cardholder.
5. Photograph- Pan Card as a Photo Identity Proof.
6. Signature-PAN Card ‘s Holder Signature.
7. QR- QR Code on PAN Card.
8. Gender