It is common that most of the people are not aware of the importance of PAN Card. For instance, if you have to send money through Bank above Rs. 50,000 to someone on an emergency – PAN Card is mandatory.
What is PAN?
PAN is a 10-digit alpha-numeric number which is mandatory for any transaction above Rs.50,000
Also PAN Card can used as an identity proof for booking tickets in Train, Flight, Bus, etc. PAN Card is not only for the tax payers, but for everyone who is an Indian Citizen. Even for applying loans in Bank, you need PAN Card to proceed further. Usually when a person applies for loan, Banks check CIBIL score using your PAN Card number.
PAN Card helps the Government in finding tax defaulters and thus helping our economy. It is easy to get PAN Card for yourself and there is no age limit too. There is a conspiracy that you should pay tax if you have PAN Card which is not true. Only if your annual income is above Rs. 2.5 Lakhs (As on 21st April), you become eligible to pay tax. Also it is not mandatory that you should be employed to get PAN Card as even housewives, unemployed, retired people can apply for it.
Usually many of us seek help from agents to get PAN Card who use to apply in NSDL website on behalf of you. Trust me, it is a simple process which done by yourself by following the steps below.
- Identity Proof – Any one of these photocopy/xerox (Voter ID, Driving License, Passport, Aadhar Card, Ration Card, Any Photo ID Card issued by Government, etc)
- Address Proof – Any one of these photocopy/ xerox (Driving License, Passport, Aadhar Card, Bank Passbook, Credit Card statement, Telephone Bill statement, Passport of Spouse, Electricity Bill, Post office Passbook, etc)
- Age Proof – Any one of these photocopy/xerox (Birth Certificate, Marriage Certificate, School Leaving Certificate, Driving License, Passport, Affidavit from a Lawyer, etc)
- Two Passport size photos
Cost – PAN Card application costs Rs.105 only (Rs.93 + 12.36% service tax). Cost may vary for Foreign Citizens and for those who apply from outside the country.
How to Apply?
NSDL Website – https://tin.tin.nsdl.com/pan/
For Indian Citizens – https://tin.tin.nsdl.com/pan/form49A.html
For Foreign Citizens – https://tin.tin.nsdl.com/pan/form49AA.html
Make the payment of application fee.
After applying, you will get a confirmation that your request has been received. Save and Print the receipt for future use.
In order to check your PAN Card status, please visit https://tin.tin.nsdl.com/pantan/StatusTrack.html
Further for more information:
Call PAN/TDS Call Centre at +91 020 – 27218080
Email at email@example.com
SMS NSDLPAN Acknowledgement number. and send to 57575 to obtain application status.