New PAN Card Application: Do you need Permanent Account Number (PAN) Card? The Permanent Account Number is an alphanumeric number of 10 digits, which is issued by the Income Tax Department. This number is different for every person.
The PAN number enables the Income Tax Department to identify all transactions done by a potential income tax assessor. These transactions include tax payments, TDS / TCS and income tax returns. Apart from this, PAN is required to perform many tasks, such as opening a bank account or demat account, making large transactions. PAN card is also accepted as an identity card in most organizations.
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PAN card application process is very easy. Here we are telling you where to apply for PAN card? How much will the application cost? Which form do you need to fill? Full information related to this is given below.
Fill which form
PAN card can be obtained by filling the form 49A (49A for Indian citizens and 49AA for foreign nationals).
Where to submit PAN application?
PAN application can be submitted online through NSDL or UTIITSL website. These websites are: www.tin-nsdl.com and utiitsl.com
How much will the fee be
The fee for applying for PAN is ₹ 93 to ₹ 864 (excluding GST). According to the income tax website, this fee is Rs 93 + GST for the address located within the country. For the address located outside the country, this fee is Rs 864 + GST.
How to pay
According to the Income Tax Department, payment for PAN card application can be made through credit / debit card, demand draft or net banking.