PAN Card How to Apply Online
PAN Card: How to Apply Online: 2023 PAN stands for “Permanent Account Number.” It is a 10-digit code with letters and numbers that is used to identify people. To stop people from not paying taxes, the income tax department is in charge of giving this number to every possible taxpayer. This is possible because PAN is an electronic system that keeps track of what every tax-paying citizen does with their money. Private tax evasion costs exceed Rs. 300,000 crores in income tax. So it becomes the responsibility of citizens to know what the Pan Card must be used for and all details related to it. So that is why in today’s article we will learn everything related to Permanent Account Number. Additionally, how to download and apply online and all the latest updates till 2023. PAN Card How to Apply Online: 2023
PAN stands for “Permanent Account Number.” PAN identifies taxpayers in the nation. It is a 10-digit alphanumeric number issued to Indians, predominantly tax-payers. PAN Card How to Apply Online: 2023
The PAN system provides every Indian taxpayer with a unique ID number. All tax-related information for a person is stored against a single PAN number. No two taxpaying organizations may have the same PAN since it’s shared nationwide. A PAN is a number, but a PAN Card includes your PAN, name, date of birth (DoB), father’s or spouse’s name, and picture. This card serves as ID and DOB. Your PAN Card is lifelong since address changes don’t impact it PAN Card How to Apply Online: 2023
What Information is Available on a PAN Card?
Generally, it includes the name, father’s name, DOB, 10-character PAN number, picture, and signature of the cardholder. PAN Card How to Apply Online: 2023
- The 10-digit alphanumeric number is produced with each character in the PAN number representing a unique piece of decoded information. PAN Card How to Apply Online: 2023
- The first three letters are strictly alpha-numeric and include three alphabetic letters.
- The fourth letter of a taxpayer’s PAN indicates the kind of taxpayer the company or person is. A – Association of Individuals B – Group of Persons C – Company F – Businesses G – Government H – Hindu Undivided Family L – Local Authority J – Synthetic Judicial Entity P – Individual T – Association of Trust Beneficiaries
- The fifth letter is the first letter of the person’s last name.
- The remaining characters are determined by chance.
Business Permanent Account Number won’t include photos or the father’s names. The DOB is changed to the company’s registration date and the cardholder’s name to the company’s name. PAN Card How to Apply Online: 2023
What Makes the PAN Number Crucial?
It is a vital document for taxpayers since it tracks the input and withdrawal of money. Additionally, a Permanent Account Number will keep track of how much tax you pay. PAN Card How to Apply Online: 2023
If anyone is eligible for tax from the government, not having a Permanent Account Number means:
- India’s Income Tax Department imposes a 30% flat tax on income and wealth. This law applies to tax-eligible persons and businesses, including foreign nationals and enterprises registered outside India. PAN Card How to Apply Online: 2023
- you cant be able to buy a car, buy property exceeding Rs. 10 lakh, or open a bank account.
- Unable to execute financial and purchasing operations if an individual has any businesses running. PAN Card: How to Apply Online: 2023
Who Is the Issuing Body?
The Income Tax Department gives out Permanent Account Numbers with the help of UTI ITSL and NSDL, which are authorized PAN agencies at the district level. Protean e-Gov Technologies Limited runs TIN-Facilitation Centres and PAN Centres all over the country to help people get their PAN Cards. PAN Card: How to Apply Online: 2023
How Many Different Types of PAN Cards Exist?
The types of pan cards are:
- PAN (for a government agency)
- An Artificial Juridical Person
- PAN Card for Indian Individuals
- A PAN Card for Indian Companies
- A PAN for People Living Abroad
- PAN for foreign companies
- The Association of Persons
- A Limited Liability Partnership
- Body of Individuals (BOI)
- PAN for Partnership Firm
- PAN for Trust
- PAN for the Hindu Undivided Family (HUF)
- PAN for Local Authority.
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If you wish to apply for a PAN Card, you should be aware that the application forms that are required by each of the entities on the list are distinct from one another. Continue reading to find out more information about the application procedure! PAN Card: How to Apply Online: 2023
Address Proof of the applicant any one of the following can do the work
- Indian Bank account statement.
- Postpaid cell phone bills (like in Gio, Airtel, Vodafone, BSNL, etc.)
- bill for electricity and broadband Internet service.
- credit card statements (banks that are from India only).
- The gas connection bill
- Passport
- Passbook for the Post Office
- Deposit account statement
- driving license,
- Voter ID card.
Date of Birth Proof (any one of the following is enough)
- Passport 10th Certificate
- Driving License, Domicile Certificate
- Municipal Authority-issued DOB Certificate
- Marriage Certificates issued by the Registrar of Marriages
Documents for individuals who are not Indian Citizens
- Proof of Identity
- Proof of Address
Filling Out Form 49A or 49AA for PAN Online
Four options are there for filling out the PAN Card form online and they are:
a) Physical form submission b) e-KYC based c) e-Sign option d) Digital Signature-based.
- Physical form: First, pick the individual’s category before applying for a Permanent Account Number. Then, fill out the form with precise facts and double-check it before paying the money. Pay the PAN Card cost online and you’ll get a Form 49A or 49AA and a payment receipt through e-mail will be received. Now print and attach two passport-sized photos (the background should be white Sign and attach the required papers. Send it to NSDL’s Income Tax PAN Services Unit at Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune 411016. PAN Card: How to Apply Online: 2023
- e-KYC: the applicant’s Aadhaar data are acquired for the PAN card application, and the card is mailed to the Aadhaar Card’s residence address. PAN Card How to Apply Online: 2023
- c) e-Sign Approach: This method requires uploading needed papers and a scanned picture. NSDL needs physically attested papers. PAN Card: How to Apply Online: 2023
- c) Signature-based This approach requires uploading papers, photos, and proven supporting documents to NSDL. PAN Card How to Apply Online: 2023
e-Pan Card Download by Pan No
- Visit the websites of NSDL or UTIITSL
- Click Download e-PAN Card (For PAN granted older than 30 days) on NSDL’s webpage. UTIITSL site. PAN Card: How to Apply Online: 2023
- Select PAN Card services then Download e-PAN Enter PAN, Aadhar, DOB, and GSTN (if applicable).PAN Card How to Apply Online: 2023
- Submit and verify OTP.
- After approval, click “Download PDF.”
- The e-PAN card PDF is password-protected. The DOB is the password. Enter your birthday to see your e-PAN. PAN Card How to Apply Online: 2023
PAN Card Tracking/ PAN Card Status
Permanent Account Number applicants may follow their application online. NSDL or UTI online sites show PAN Card application status. You may check the PAN application status on any website. Checking PAN Card status using name and birthdate. The PAN Card status shows whether it’s been issued or is en route. It might be turned down, but it will show up there. If you put in the wrong information, you can change it in the section of this article named “How to Correct Pan Card Information Online.” PAN Card: How to Apply Online: 2023
Linking Pan Card With Bank
- 1 Step: Log into your bank’s online app using your user ID and password.
- 2 Step: Select PAN registration, Service requests, or Service. Choose the best.
- 3 Step: Update or connect your PAN.
- 4 Step: Enter your PAN and other data.
- After following the steps above, your PAN and bank account should be linked within 7 working days. PAN Card: How to Apply Online: 2023
Aadhaar linking Online
Visit the Income Tax e-filing web portal in chrome. The form requires Permanent Account Number and Aadhaar numbers, and Aadhar card names. If your birth year is on Aadhar, check the box to continue. Enter the image’s captcha code to proceed. Continue by clicking ‘Link Aadhar’. PAN Card How to Apply Online: 2023
PAN Card Forms
The PAN Card Form, also known as Form No. 49A or Form No. 49AA, is used to issue Permanent Account Numbers (PAN). PAN cards are required for all financial transactions, and all taxpayers must have one. Every taxpayer in the nation should have a PAN card. PAN Card How to Apply Online: 2023
Form 49A: This form is for Indian residents within or outside the country. It’s used to request a new PAN and correct prior information. Non-Resident Indians utilize Form 49AA. Individuals or non-Indian corporations may use it. PAN Card: How to Apply Online: 2023
Changes Made in the New PAN Design
There have been significant changes in the new pan cards, such as The cardholder’s picture being relocated to the top-left, underneath the Income Tax Department. A QR Code replaced the Hologram, which was moved to the card’s back. The applicant’s name and father’s name have been moved below the new picture. The PAN Card’s bottom-left corner shows the birthdate. The signature moved from the bottom left corner to the lower center of the PAN Card. PAN Card: How to Apply Online: 2023 PAN Card How to Apply Online: 2023