What is PAN Card and When Was It Start in India?

AS Posted by: Aarti Shah
• 05 July, 2025
4 Reply

A PAN card is a unique identification document that is used for financial services like paying taxes, filing ITRs, making investments in mutual funds and shares, and purchasing property. The PAN card was started in 1972 by the Indian government under Section 139A of the Income Tax Act of 1961.

Tags : PAN Card

  • Harpreet Kaur 10 July, 2025

    Here is the history of the evolution of the PAN card in India. In 1972, the concept of the PAN card was introduced. In 1995, Amendments to section 139A made it mandatory for all Indian nationals nationwide to have a PAN card by 11 February 1998. In 2004, the Tax Information Network (TIN) was launched to provide electronic submission of tax deductions at source (TDS). In 2013, KYC was introduced to make the PAN application process easier. In 2017, linking PAN and Aadhaar is mandatory. In 2020, Finance Minister Nirmala Sitaraman, on 28 May 2020, made KYC based on an Aadhaar number. In 2024, PAN 2.0 is introduced.

  • Ashok Prasad 10 July, 2025

    Permanent Account Number PAN was introduced to make India's financial, taxation, and taxpayers' identification. It helps for tax purposes, banking services, securities, insurance, loans, and retirement planning.

  • Shruti Vohra 08 July, 2025

    The PAN card was introduced in 1972, but it was made mandatory on 1 June 1996, after the amendments to section 139A. All the PAN cards are now mandatory to issue across India, and extended nationwide by 11 February 1998.

  • Vikram Singh 07 July, 2025

    A PAN card is an Identification document issued to an individual to manage financial and taxation activities in India. It contains the name of the cardholder, the father's name of the cardholder, number 10-digit alphanumeric permanent account number, signature, date of birth, photograph, and an Indian hologram with an Income Tax department tag.

Join The Discussion

Share Your Thoughts and Connect with Others.

Releated Topics
  • How to Track PAN Card Status?

    To track your PAN card status, you need to visit the official website of the TIN NSDL and select your application type as 'PAN New/Change Request', then enter the acknowledgment...

    • 3 Reply
    • 6 Views
  • Why is Pan Card Important?

    PAN card is a 10-digit alphanumeric identification number which have both numbers and alphabets. It is an important document for the people who pay taxes, have a taxable income, have...

    • 4 Reply
    • 10 Views
  • How to Download PAN Card 2.0?

    To download a PAN card, you need to visit the NSDL website and enter your PAN number, Aadhar number, and date of birth. Then tick all the checkboxes and click...

    • 2 Reply
    • 26 Views
  • How to Download an e-PAN?

    PAN card can be easily obtained from the NSDL website or UTIITSL portal by entering all the details, and after entering OTP, you can download your e-PAN card instantly from...

    • 5 Reply
    • 12 Views
  • How Many Days Will It Take to Convert a Minor PAN Card to Major?

    To get your minor PAN into a Major PAN card, you will have to wait for approximately 15-20 working days. It involves the process of changing your minor details into...

    • 3 Reply
    • 16 Views
  • Can Someone Misuse My PAN Card?

    Yes, your PAN card can be misused by someone if you have lost or misplaced your PAN. In that case, you should raise a complaint on the official website of...

    • 3 Reply
    • 9 Views
  • How Can I Check My e-PAN Status?

    You can check your PAN card status using an acknowledgment number, number, date of birth, name, or mobile number from the NSDL website or UTIITSL e-PAN portal.

    • 4 Reply
    • 13 Views
  • How to Download PAN by Mobile Number?

    Here are the simple steps to download your PAN card by mobile number. You just have to visit the official website of NSDL Protean e-PAN download page and select 'PAN',...

    • 3 Reply
    • 13 Views
  • How to Apply PAN Card 2.0

    PAN card 2.0 has a simple and easy application process, which doesn't involve any paperwork. You can apply for a PAN card 2.0 through the official website of NSDL by...

    • 2 Reply
    • 21 Views
  • Is PAN Required for a Minor?

    Yes, if a Minor is involved in any investments or financial transactions, then the minor must have a PAN card. For the minor PAN card, he or she doesn't have...

    • 4 Reply
    • 10 Views
comunity img

Join Our Facebook Community of
NRIs/OCIs Like You

Join Community