PAN Card Full Form- Permanent Account Number

PAN Full Form

PAN Card Full Form is described here. The full form of PAN is the Permanent Account Number, which is a unique code assigned to Indian taxpayers. PAN is a national identification number that is required of all professions and salaried individuals.

PAN Card Full Form: What is it?

PAN card is a national identification number that is required of all professions and salaried individuals. PAN is supervised by the Central Board of Direct Taxes.

When it comes to creating a bank account, a PAN card is also required. In the event of a change of address, the Pan number stays unaltered. Indian citizens can receive this national document for free, however, each person can only have one card.

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PAN ka Full Form

पैन एक राष्ट्रीय पहचान संख्या है जो सभी व्यवसायों और वेतनभोगी व्यक्तियों के लिए आवश्यक है।  पैन की निगरानी केंद्रीय प्रत्यक्ष कर बोर्ड करता है।

जब बैंक खाता बनाने की बात आती है, तो एक पैन की भी आवश्यकता होती है।  पता बदलने की स्थिति में, पैन नंबर अपरिवर्तित रहता है।  भारतीय नागरिक इस राष्ट्रीय दस्तावेज को मुफ्त में प्राप्त कर सकते हैं, हालांकि, प्रत्येक व्यक्ति के पास केवल एक कार्ड हो सकता है।

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PAN Card Full form and online Application or Reprinting

The application for a new PAN can be done over the internet. Online applications can be submitted through either the NSDL or UTITSL portals.

For an Indian communication address, the fee is Rs. 93(without Goods and Services tax), and for a foreign communication address, the fee is Rs. 864(without the Goods and Services tax).

The application fee can be paid with a credit/debit card, a demand draught, or through net banking.

After the application and payment have been accepted, the applicant must deliver the supporting documents to NSDL/UTITSL through courier or post. The PAN application will be handled by NSDL/UTITSL only after the documents are received.

Additionally, requests for updates or corrections to PAN data, as well as requests for reprints of PAN cards, can be made via the Internet.
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PAN Card Full Form and Required Documents

Proof of address and proof of identification is required documentation for the Permanent Account Number (abbreviated as PAN). An Aadhar card, voter ID, driver’s licence, utility bill, partnership deed, firm registration certificate, and passport are typically required.

PAN Card Full Form: Things to keep in mind

Things to consider when filling out the Pan application

• The application can be completed in English, Hindi, or a regional language.
• You must have a mobile phone number.
• Use all uppercase letters.
• All fields are required.
• During self-attestation, sign your name clearly.
• Rejection is possible if the documentation is incorrect.

PAN Card: Significance

PAN Card holds a very significant role. It is useful and important because:

• Property (immovable) valued at or over Rs.5 lakh for sale or buy.
• Purchase or sale of a vehicle other than a two-wheeler.
• While making payments of more than Rs.25,000 paid to hotels and restaurants, you must quote your PAN.
• When paying direct taxes, you must quote your PAN.
• When paying income tax, taxpayers must enter their PAN.
• If the sum exceeds Rs.25,000, you must provide your PAN.
• Payments of more than Rs.50,000 to bank accounts must be accompanied by your PAN.

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