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.
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.
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.
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.
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To check the PAN card issue date, you will easily find it on your PAN card at the bottom right corner of the PAN card. However, there is no use...
Here is the simple and easy application process to check the status of your PAN card application by calling the TIN call center for a more easy and quick method....
E-PAN card is a Digital version of the PAN card, which has a 10-digit number, and it is used for various financial and identification purposes. It is simply a traditional...
To apply for a reprint of a PAN card online, you need to go to the TIN NSDL website, go to the services tab, choose "PAN' and go to the...
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...
E-PAN card is a digital version of your physical PAN card, which you can get through a paperless process. It has the same 10-digit PAN number, which is used for...
To apply for an e-PAN card, you need to visit the official NSDL portal and choose the option not to get a physical PAN card or e-PAN card for the...
To download your PAN card, you need to visit the official website of the Income Tax e-filing website and log in to the portal by valid username and password. (for...
To get a duplicate PAN card, you need to visit the official website of the NSDL, click on the 'Download e-PAN card on the homepage, and select the option from...
To apply for a lost or damaged PAN card online, you need to visit the official website of the NSDL, enter your PAN number, Aadhaar number, and date of birth,...
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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.