Pan Card Application

A PAN (Permanent Account Number) is a 10-digit alphanumeric identification issued by the Income Tax Department of India. It serves as a unique identifier for individuals and entities for tax purposes within the country. While obtaining a PAN card is not mandatory, it is required for various financial transactions above a certain threshold. Additionally, every business entity is obligated to apply for a PAN card within 30 days of its formation or incorporation. The PAN plays a crucial role in tracking and managing taxpayers across India, facilitating efficient tax administration and compliance.