Pan Card, Benefits of PAN card all other information about pan card and types of pan cards.
Permanent Account Number (PAN) is a 10-digit alphanumeric identification number (including both alphabets and numbers) issued to Indians, primarily to those who pay taxes. All tax-related information of a person is recorded against a single PAN number, which serves as the primary key for information storage. No two persons or tax-paying businesses can have the same PAN.
PAN cards carry information such as identification and age evidence and adhere to Know Your Customer (KYC) rules. The following are the PAN card details:
Individual/Company Name of the Cardholder
Name of the cardholder's father - Only applicable to individual cardholders.
Date of birth - In the case of a person, the cardholder's date of birth is specified, whereas, in the case of a corporation or corporation, the date of registration is specified.
PAN Number - It is a ten-character alpha-numeric number, with each character representing unique information about the cardholder.
The first three letters are strictly alphabetical, including three letters from A to Z.
The fourth letter reflects the taxpayer's category.
The following are the entities that are required to hold a PAN card-
Individuals whose income surpasses the income tax slabs' beginning point.
Individuals who earn taxable money for the benefit of others (such as earnings of a minor).
Individuals with a profession or a business with an annual income or sale of more than Rs.5 lakh.
Individuals who have registered under a union territory or state's general sales tax law or the Central Sales Tax Act.
Anyone who engages in financial operations that necessitate the provision of PAN card information.
Section 139 requires charitable trusts to make returns (4A).
Importers and exporters in need of an Import/Export code.
Individuals who must pay excise duty.
Individuals who get paid after TDS has been deducted.
Individuals and their representatives are liable to pay service tax.
Individuals who issue invoices in accordance with Rule 57AE.
Uses of PAN Card
When paying direct taxes, the PAN must be quoted.
When filing income tax, taxpayers must include their PAN.
PAN information must be provided while registering a business.
PAN information is required for many financial operations. These are some of the financial services where one has to submit their pan card details:
Purchase or sale of property (immovable) of Rs.5 lakh or more.
Purchase or sale of a vehicle other than a two-wheeler.
Payments made to hotels and restaurants that exceed Rs.25,000.
Payments paid in conjunction with international travel needs. If the sum in this scenario exceeds Rs.25,000, you must provide your PAN.
Payments in excess of Rs.50,000 for bank deposits.
Purchase of bonds worth at least Rs.50,000.
Buying of shares worth at least Rs.50,000.
Purchase of an Rs.50,000 or more insurance policy.
Investing in mutual funds.
Payments of more than Rs.5 lakh made for the acquisition of jewelry and bullion.
To transfer funds out of India.
Pan Card Centre new registration - 2024 | Pan Agent | NSDL Agent || UTI Agent | Pan Card ID creation
This Video about pan card center registration Full Process 2024 step - by - step tutorial, we will guide you through the process of become PAN card Agent id details
NSDL paperless Branch Id
paperless new pan card
pan correction
biometric | otp based
self register here from the click on the website link
altrizepan.com
Pan Agent -- Registration Video:
th-cam.com/video/Q3XoNZOmTZg/w-d-xo.htmlsi=t5RTP9a_3Hdp3uy2
పేపర్ లెస్ పాన్ కార్డ్ బ్రాంచ్ కోరకు
సంప్రదించండి
pan card center new id registration
pan card agent id
nsdl pan card agent
new pan center opening telugu
pan card center registration process telugu
pan card agent id 2024
how to open pan center
how to get pan agent id
pan card agent login
telegram channel join link
t.me/digitechinfotelugu
whats app channel join link
whatsapp.com/channel/0029Va4jMqwIiRosP7lgsk3c
please like share & subscribe my channel
@digitechinfotelugu
#panida
#pancenter
#nsdlagent
#utipanagent
#panagency
#pancorrection
#instantpan
#PAN
#NSDLPANCARD
#PAPAERLESS
#pannamecorrection
#pandatacorrection
#efillingpan
#panagent
#Panbenefits
#pancardaadharcardlink