If you have not yet made PAN CARD, then there are many such things that you will not be able to do. See the complete list of what is the work
There is a basis for your identity in India, there is a voter ID card for your identity as a voter, but apart from these two, there is a third identity card, which we know as PAN card. This PAN card is not only known as Photo Identity Card but it is also called your Economic Identity Card.
If you are also involved in economic activities and have not yet made a PAN card, then you will not be able to do many important things at all. If you do not know what are those things which you will not be able to do without PAN card, then you will have to read this whole news.
Without PAN card, you will not be able to do these 6 important tasks.
1. Business: If you want to start any business, then it is very important for you to know that you have to have a PAN card to do any business.
2. To buy a car: If you are going to buy any vehicle such as a car or bike, then know that you will not be able to buy a vehicle without a PAN card.
3. Cash Transaction: If you transact more than 2.5 lakh rupees through bank, then it will not be possible without PAN card.
4. For expensive items: If you are trying to buy anything worth more than Rs 2 lakh, then you will not be able to buy any expensive items without a pen card.
5. For bank account: If you do not have an account in the bank and you are preparing to open a new account, then first you have to make a PAN card because without that your account will not open.
6. Life insurance: If you want to get life insurance for yourself or any family member of more than Rs 50 thousand, then you will also need a pancard.
Therefore, if you have not yet made your PAN card, then to do these important tasks, apply for a PAN card today.
