PAN Card

PAN Card in India Introduction The Permanent Account Number (PAN) Card is one of the most important documents issued by the Income Tax Department of India under the supervision of the Central Board of Direct Taxes (CBDT) . It consists of a unique 10-character alphanumeric code assigned to individuals, companies, and entities for tracking financial transactions and ensuring transparency in taxation. The PAN card is not just for filing income tax returns but also mandatory for banking, property purchases, investments, business registration, and high-value financial transactions . With digital advancements, applying for a PAN card, updating details, and linking it with Aadhaar has become much easier through the NSDL e-Gov and UTIITSL portals. This article provides a comprehensive guide on the PAN Card in India, including its importance, eligibility, application process, correction, Aadhaar linking, online services, and role in India’s financial ecosystem. Chapter 1: What...