What are the Benefits of Pan Card?

DN Posted by: Dhruv Nayak
• 22 July, 2025
3 Reply

If you have a valid PAN card, it helps in easy financial transactions for Indian citizens to pay taxes and file ITR returns easily. PAN card is beneficial in the registration of a business in India, for the tax deductions in India, which helps you to pay only 10% tax. PAN card allows you to open bank accounts such as NRE or NRO, set up a Demat account, invest in shares and bonds, or purchase premium insurance.

Tags : Pan Card benefits, PAN Card

  • Isha Jain 05 August, 2025

    PAN card is a 10-digit alphanumeric identity document that is used for various financial and identification purposes. It helps Indian taxpayers to file ITRs and have easy transactions. This document is issued by the Income Tax Department for the fast and easy financial and tax-related services.

  • Abhishek Sain 30 July, 2025

    PAN card helps to make tax filing quick and simple, avoiding high tax deductions, fast loan approvals, for investment purposes, for smooth financial transactions, to avoid penalties, and file IT returns are some of the major benefits of having a PAN card.

  • Tanishq Raina 28 July, 2025

    PAN card has many benefits. With a valid PAN card, you can buy or exchange foreign currency, sell or purchase property in India, and buy vehicles (except two-wheelers). It is also required for cash deposits or bank transfers of more than 50,000/-INR and and it is used to apply for a loan application.

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