Question: Where Is PAN Card Used?

What is Pan Card Fees?

The charges for applying for PAN is Rs.

93 (Excluding Goods and Services tax​) for Indian communication address and Rs.

864 (Excluding Goods and Services tax) for foreign communication address.

Payment of application fee can be made through credit/debit card, demand draft or net-banking..

Who can make PAN card?

All Indian citizens having the source of income and valid proofs (as prescribed by the Income Tax Department) are eligible to apply for PAN card. Obtaining a PAN card or Permanent Account Number is mandatory for every tax payer or the person who needs to file an income tax return on behalf of self or others.

How can I know where my PAN card is used?

Unfortunately, you may get to know of the illegal use of your PAN number only six months after the transaction. Once you do, you can check for benami transactions by going through Form 26AS, which is a consolidated statement of tax deducted, along with other details.

What is Pan card validity?

The PAN is valid for lifetime.

At what age PAN card is made?

Students can apply for a PAN card as long as they are above 18 years of age. In case you are a minor (younger than 18 years old), your parents can apply for the PAN card on your behalf. There is no maximum age limit for application of PAN card. You can be of any age and still apply for a PAN card.

Is PAN card necessary for bank account?

New Account in a Bank or Post Office – It is mandatory for every individual to provide a self-attested copy of their PAN cards to open an account in a bank or post office. However, this rule is not applicable to Basic Savings Bank Deposit Accounts (BSBDA), which includes zero balance savings accounts such as Jan Dhan.

What is a PAN number in India?

PAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes. It also serves as an identity proof. … The PAN number remains unaffected by change of address throughout India.

Can we check PAN card details online?

Visit https://incometaxindiaefiling.gov.in/e-Filing/UserLogin/LoginHome.html to Enter your account and click on “My Account”. Go to Profile Settings and click on PAN Details. Your details will be generated. You will receive the name, area code, jurisdiction, address and other information.

What is Pan card used for?

The Permanent Account Number (PAN) card, issued by the Income tax Department, is one of the most important documents nowadays. The card was issued in order to prevent tax evasion by individuals and entities as it links all financial transactions made by a particular individual or entity.

What information does a PAN card contain?

Since PAN Card contains information such as Name, Age and photograph, it can be used throughout the country as a valid identity proof. PAN is the best possible way to keep track of your tax payment.

Can someone use my PAN card?

As a PAN card holder, you should take care while disclosing your PAN details to anyone. You must hand over only signed photocopies and try to reduce using PAN in all casual transactions as ID proof.

Is it safe to give PAN card details?

Usually when you are investing money or taking loan or credit card, your PAN number is required. … So in terms of SAFE, yes its safe, until its given on a site, where PAN is a important/key requirement. With PAN the most accessible data is your Past Records of loans etc. But with PAN no body can access your bank account.