In this article, I will explain you the Top 10 Benefits of PAN Card in India. PAN which stands for Permanent Account number is a 10 digit Alphanumeric code given by Income Tax Department that also acts as an identification for an Individual. One can use this card for several other purposes beside merely like an identification code. In this article, I list out all those purposes don’t worry.
Any Indian Individual, Companies or a Firm can get or apply for a PAN card in India. Even Minors could also apply for a PAN Card in India. Later we will tell you PAN Card benefits for Minors.
First and Foremost let me clear out, from July 1, 2017, GOI has made Aadhaar mandatory to apply for getting a PAN Card. Now, To apply for a PAN Card IT Department asks from you three Documents: Identity Proof, Address Proof, and Date of Birth Proof. Now, If you have Aadhaar Card then it is enough to apply for a PAN Card. You can attach Aadhaar as for all these three document requirement.
Income Tax Department has made both the online as well as offline way to Apply for a PAN Card. To apply online for a PAN Card you can visit these two sites i.e. NSDL and UTIITSL to complete your task. Moreover, to apply offline for getting a PAN Card, you can do so via form 49A.
Below I am going to list out Top 10 Benefits of having a PAN Card in India. May be that’s the reason why one can apply for a PAN Card in India.
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