Permanent Account Number (PAN) is a ten digit unique alphanumeric number provided for every citizen of India who pays Income Tax. Pan cards are mainly for the identification of Income Taxpayers. The main purpose of providing PAN cards are to achieve universal identification about the taxpayers who are involved in financial transactions. Also, using PAN cards it is easy for the government to avoid tax evasion.
It is a computer-based system where the government assigns a unique ten digit number for every individual for every tax-paying entity. All these processes are under the control of Central Board for Direct Taxes (CBDT). They supervise the high-value financial transactions taking place in India. Here is the complete guide on Pan Card Download .
Purpose of using PAN cards
PAN card has become a mandatory one for every citizen in India. PAN cards are mainly for money transactions. Like Aadhar card, this is one of the essential documents required by every citizen of India. PAN cards are also applicable for the person who does own business and gets a turn over around 5 Lakhs. Pan cards are essential for the individuals whose salary is taxable.PAN number is also available for foreign people only for validating VISA, but it is not used as a proof for Indian citizenship. The first and foremost criteria are that the person must be Citizen of India.
Applying for PAN card through online
It is mandatory for everyone to apply for PAN card. There is no need for visiting any government offices to apply for PAN card. You can easily apply it through online. But they need some basic information or details about the individual who wants to apply. Some basic information required to apply for PAN card is a follows.
- Ration card
- Voter’s ID
- Passport (if available)
- Aadhar card
- Photo Identity issued by Government of India
- Driving License
- Address proof
- Birth certificate
- Marriage certificate
PAN card need only these basic details where every citizen of India holds these proof’s with them.
Structure of PAN card
Permanent Account Number is a nine-digit alphanumeric number where every character has its value. The first five digits are characters, and the next four digits are numbers whereas finally, the last character will be an alphabet. The first five characters are a sequence of letters from AAAAA to ZZZZZ.
Procedure for downloading PAN card
After applying for the PAN card, you will get it within few days. But if you need it before getting the original PAN card, you can download it through online known as “e-PAN.” This can be downloaded by the individual directly from online without visiting any office. e-PAN can be downloaded by entering just your Name and Date of Birth
By Name and Date of Birth
To download e-PAN cards, you have to proceed with the below-mentioned steps which will be so simple and easy to follow. The e-PAN card which you receive through online is just a physical one, because you can not directly get the original PAN card through online. It is a copy similar to the original proof which replaces the original PAN ID proof till you receive the original card.
- Firstly, visit the official page of UTIITSL or NSDL by entering its website.
- Now click on the PAN option
- Now enter all the details like Name of the individual, his/her date of birth.
- All the details entered must perfectly match with the details provided while filling up the application form.
- After entering the details, enter the security code or the captcha code displayed on the screen.
- Now click on the submit button where it directly redirects to the PAN card page.
- Finally the e-PAN card will be available in PDF format where you can easily download and take a print of it.
At last, you can also check the status of PAN card by just entering the Name and Birth details of the individual. By this way, you can get the PAN card document which is equally significant to the original PAN card.
Why it is important to link PAN card with other accounts?
Nowadays the rules have been changed where the government insists everyone to link PAN card with Aadhar card, with all the banks, etc. Also using PAN card, everyone can change the PayPal number. PAN card is also for various verification systems. When you link PAN card with all other accounts, you can easily get and attain all the benefits of those banks. Everyone should submit their PAN details for conducting hassle-free transactions by linking PAN card with bank accounts. You can enjoy lots of features like net banking, money transactions, loans, etc. by keeping PAN card as a security factor.
Why PAN card is important in India?
PAN card has now become an essential document for every citizen in India. The idea of PAN card was from US where they follow the system of SSN. Social Security Number (SSN) is issued to every citizen of India to track every individual’s social security purpose. SSN is a unique nine-digit number assigned to every citizen of United States. Likewise to monitor all the big financial transactions for opening a bank account, for receiving professional income, for bank credits and debits, etc. PAN card is mandatory.
Every Identity proof in India has its specific values. Likewise, PAN card benefits both the taxpaying citizens and the government financially. All the high-value transactions are monitored by the Income Tax Department regularly. PAN card may be a simple Identity card, but its value is significantly high where it avoids tax evasion. Corruption, black money, etc. In other words, we can also say that the financial strength and support enhances India with the help of PAN card. PAN card has become a mandatory Identity card for every single Indian who are taxpaying entities. They deal with all the financial transactions, money transfer, opening new bank accounts, credits and debits in a bank. It may look so simple but the value behind this Identity card is too high.