PAN Card Update: From filing ITR to opening bank accounts or for other financial transactions, the requirement of a PAN card is increasing continuously. In the absence of a PAN card, financial transactions often get stuck in the middle, resulting in problems that need to be addressed. This is the reason why people work to obtain PAN cards in large numbers. A new rule has been introduced for obtaining a PAN card.

Do you know that the Aadhaar card has been made mandatory for obtaining a PAN card? A PAN card will not be issued without an Aadhaar card number, which will come as a big shock. It is essential to have an Aadhaar card to apply. If your PAN card is already in place, then link it to your Aadhaar card by December 31, 2025. If this is not done, you will face problems.

PAN card is necessary for these people

PAN card is a 10-digit alphanumeric identification number. The Income Tax Department issues this number. It is required for filing income tax returns and for financial activities like opening a bank account and investing in the stock market. If you do not have a PAN card, you can get it in minutes through the e-PAN service of the Income Tax Department.

There is no problem with this. This process is also easy. You will not have to go through a lot of hassle to get a new PAN card. Your PAN card can be easily obtained in a ten-minute process. Its method is relatively easy; please follow the process below.

How is a PAN card created?

First, you will need to visit the official Income Tax website.

Then you will have to choose the ‘Get New e-PAN’ option here.

Then, fill in the Aadhaar number, which must be linked to your mobile number.

After this, you will have to enter the OTP linked to Aadhaar and verify it.

Then the information related to Aadhaar will be automatically filled in the system. You will have to click on the ‘Submit’ button.

After this, if the information is correct, the e-PAN card will be made immediately.

The PAN number and other information will be sent via SMS or email. After this, you can download your e-PAN card from the link given on the website.
It takes 15 to 30 days for the PAN card to arrive.