If you don’t have PAN card yet you can create it in 10 minutes. You don’t need to go anywhere and you don’t need to spend money for it. You have to apply online and you will get a new PAN number from Income Tax Department within 10 minutes. Not only that you can also use it.
Use of PAN Card
A PAN card contains name, photo and signature so it can also be used as an identity card.
PAN card is mainly used to file income tax i.e. returns. Apply for PAN, the number mentioned in the PAN card is linked to your bank account to track all your transactions and prevent tax evasion.
By using PAN card you can do other transactions like PAN card becomes necessary when the salary of an employed person is more than 50 thousand as the salary has to be deposited in direct bank itself.
Currently all banks require PAN card along with Aadhaar card so that there is no problem when your transactions go beyond 50 thousand in future.
PAN card is considered as an important proof while building, buying or selling property.
PAN card is used as a proof of identity while taking loan from the bank.
If you are an NRI you can easily buy property with the help of PAN card.
Documents Required to Download PAN Card
Aadhaar card must be updated
Updated residential address such as Aadhaar card, voter ID card, driving license or utility bill.
How to create e-PAN Card?
Don’t have a PAN card? And if you are in dire need of your PAN number today, then you don’t need to worry at all, because today in this post we will give you all the information on how to generate PAN card (permanent account number) online in just 10 minutes. You can get your permanent account number i.e. PAN number from the comfort of your home with the help of your mobile phone, laptop or computer.
How to apply?
Go to https://www.incometaxindiaefiling.gov.in/home.
Look at the Quick Links given in the website, here at the second number you will see the option of Instant PAN through Aadhaar. Click on it.
Go to Get New PAN and click here. You can know all the process by clicking on the guideline below it.
After that in the page that will open you have to enter your Aadhaar number and captcha and inform that you don’t already have PAN number. Your mobile number is linked with Aadhaar and date of birth is on Aadhaar card and the applicant is not a minor.
After that click on Generate Aadhaar OTP. Immediately an OTP will be sent to your registered mobile number. This OTP has to be entered and validated.
After that, you will receive your PAN number on registered mobile number and e-mail. You can also download a copy of it. E-PAN will be in PDF format.