PAN Card Update: In today’s time, a PAN card has become an extremely important document for people across the country. Without a PAN card, it becomes difficult to carry out any banking or non-banking transactions. So, if you are planning to apply for a new PAN card, this news might be very important for you. A PAN card is issued under the Income Tax Act, 1961. It contains a unique 10-digit alphanumeric code. This number is issued separately for each individual or entity. This number is computer-generated and remains valid for a lifetime.
A PAN card is not only essential for individuals but also for companies, trusts, and partnership firms. A PAN card is crucial for filing income tax returns, banking transactions, and many other financial activities. If you are thinking of getting a PAN card for the first time, you can use both online and offline methods.
Read Here: EPFO 3.0 News: PF Accounts Can Now Be Merged Through Transfer Request
Read Here: iQOO Neo 10R 5G Phone Best Discount Available on Amazon Limited Time Deal- See All Offers & Features
How to apply for a PAN Card online?
You can apply for a PAN card online from the comfort of your home through the official websites of NSDL (now called Protean) or UTIITSL.
First, you need to visit the respective website and select the option to create a new PAN. Then, select the form according to your citizenship. Form 49A is filled out for Indian citizens, and Form 49AA for foreign citizens.
You need to carefully fill in your name, date of birth, mobile number, email ID, and other necessary information in the form. After filling in all the details, the processing fee can be paid online through debit card, credit card, or net banking.
After submitting the fee, an acknowledgment slip is generated, which contains a 15-digit acknowledgment number. You can then e-sign using Aadhaar OTP. If you do not e-sign, the application form and necessary documents must be sent to the relevant office via courier within 15 days. Once all the documents have been verified, the PAN number is issued, and the physical PAN card is usually delivered to your address within 15 working days.
How to apply for an offline PAN Card?
Those who do not wish to apply online can also get a PAN card through the offline method. For this, you can apply by visiting any district-level PAN agency or NSDL/UTIITSL office.
Read Here: Moved to a new house? Easy way to change your address on your Aadhaar Card for free
First, download PAN application form 49A or obtain it from the nearest center. Fill out the form carefully and attach proof of identity, proof of address, and a passport-size photograph. After this, submit the application form along with the prescribed processing fee. After the verification of documents is complete, the PAN card is issued and sent to your address within a few days.
Documents required for a PAN Card
During the PAN card application process, certain documents are required as proof of identity, address, and date of birth. For proof of identity, an Aadhaar card, Voter ID, driving license, or any other government-issued photo identity card is valid. Pensioner cards, photo IDs issued by government departments or PSUs, and certificates issued by banks are also accepted.
For proof of address, electricity, water, gas, or mobile bills, bank statements, post office passbooks, passports, Voter ID, driving licenses, property documents, Aadhaar cards, or certificates issued by the employer can be provided.
For proof of date of birth, a birth certificate, 10th class mark sheet, passport, pension payment order, marriage certificate, or an affidavit given before a magistrate is valid.