What is PAN Card?

Permanent Account Number (PAN) is unique 10 digit alphanumeric combination issued to all juristic entities identifiable under the Indian Income Tax Act 1961. It is given to any Indian entity (Individual or a Company) for the purpose of filing tax. NRIs can also apply for indian PAN card. It is issued by the Indian Income Tax Department under the auspices of the Central Board for Direct Taxes (CBDT) and is almost equivalent to a national identification number. It also serves as an important ID proof.

Why do you need a PAN Card?


The primary purpose of PAN is to bring a universal identification key factor for all financial transactions and indirectly prevent tax evasion by keeping a track of monetary transactions of high net worth individuals. This number is almost mandatory for financial transactions such as opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits. The PAN is unique, national, and permanent. It is unaffected by a change of address, even between states.

Your PAN Card contains

• Your Full Name
• Your Father's full name
• Your date of birth
• Your Pan Number
• Your Signature
• Your Photo

How to apply for PAN Card?

Download Form 49A Here, Fill it along with your signature and submit is to your nearest income tax office.

You can also apply for PAN Card Online from

• NSDL Website
• UTIISL Website
• For NRIs