All you need to know about applying for a Duplicate PAN Card Online

 PAN or Permanent Account Number is a unique 10-character alphanumeric code assigned to every taxpayer in India. The number is assigned by the Income Tax Department that keeps a track of all big-ticket financial transactions carried out in your name. PAN is also mandatory for all employees who work in the private sector. The government has made it mandatory to furnish PAN for a number of financial transactions such as buying a property, mutual fund investments, opening a new bank account, etc. 

Comments

Popular posts from this blog

INCOME TAX SECTION 32AD - Investment in new plant or machinery in notified backward areas in certain States

INCOME TAX SECTION 35D - Amortisation of certain preliminary expenses