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TAN Card Original price was: 799.00 ₹.Current price is: 499.00 ₹.
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PAN CARD

Benefits of PAN Card

Obtaining a PAN card provides several advantages, including:

  • Ease of Opening Bank Accounts: Required by all banks and financial institutions as valid ID for opening current or savings accounts.
  • Facilitates Business Transactions: Mandatory for all companies as per the 2010 amendment to the Income Tax Act, ensuring smoother business dealings.
  • Claim IT Refunds and Rebates: Enables you to claim refunds from the Income Tax Department if your TDS exceeds your actual tax liability, provided your TDS deductions are linked to your PAN.
  • TDS Rebate on Savings Deposits: PAN holders enjoy a reduced TDS deduction rate of 10% on interest earnings exceeding ₹10,000; non-PAN holders face a 20% rate.
  • Opening Demat Accounts: Necessary for holding shares and securities in dematerialized form.
  • Access to Loan Facilities: Banks and financial institutions require a valid PAN card to provide loans and credit facilities.
  • Buying and Selling Property: Essential for transactions involving immovable property valued over ₹10 lakhs.

Original price was: 799.00 ₹.Current price is: 499.00 ₹.

Required Documents
  1. Passport-sized Photograph
  2. Aadhaar Card
Services

Pan Card Registration

Description

The Permanent Account Number (PAN) is a unique 10-character alphanumeric code assigned to individuals, Hindu Undivided Families (HUFs), and business firms both in India and abroad.

  • Issuing Authority: The Income Tax Department has delegated the responsibility of issuing PAN cards to NSDL and UTI, which operate under the supervision of the Central Board of Direct Taxes (CBDT).
  • Eligibility to Apply: Any individual, HUF, and all types of business entities can apply for a PAN card. It is mandatory for individuals earning taxable income to obtain one.
  • Validity: The PAN card is valid for a lifetime, as long as it is not surrendered to the tax authorities. The generation of a PAN is a one-time process and does not require renewal.
  • Where is PAN Required?: A PAN card is mandatory for various financial activities, including:
    • Filing income tax returns
    • Opening bank accounts
    • Availing loans
    • Buying and selling property
    • Foreign exchange transactions
    • Bank deposits and other financial services.
  • PAN Verification: The government provides an online portal called “Know Your PAN,” allowing anyone to verify and authenticate the validity of a PAN number easily.

Benefits of PAN Card

Obtaining a PAN card offers numerous benefits:

  • Easily Open Bank Accounts: All banks and financial institutions require a PAN card as a valid form of identification to open current or savings accounts.
  • Seamless Business Transactions: As per the 2010 amendment to the Income Tax Act, 1961, the PAN card is mandatory for all companies, facilitating smoother business transactions.
  • Claim IT Refunds and Rebates: If the amount of Tax Deducted at Source (TDS) exceeds your actual income tax liability, you can claim refunds from the Income Tax Department, provided your TDS deductions are linked to your PAN and you file your income tax return.
  • TDS Rebate on Savings Deposits: If your annual interest earnings exceed ₹10,000, TDS deduction will be only 10% for PAN card holders; otherwise, it will be 20%.
  • Open Demat Accounts: A PAN card is required to open a dematerialized (demat) account, where your shares and securities can be held electronically.
  • Access Loan Facilities: Banks and financial institutions will not provide any loans or credit facilities without a valid PAN card.
  • Buying and Selling Property: If you wish to purchase or sell immovable property worth more than ₹10 lakhs, you must provide your PAN card details.

Process of PAN Card Registration

    1. Upload Required Documents: Provide the necessary documents and information on our web portal.
    2. Choose Package and Payment: Select the appropriate package and pay online using various available payment methods.
    3. Application Assignment: Upon placing the order, your application will be assigned to one of our dedicated professionals.
    4. Filing PAN Application: Our professional team will file and submit PAN Card Form 49A on your behalf.
    5. Receive Acknowledgment Receipt: You will receive an acknowledgment receipt number containing a unique 15-digit reference.
    6. PAN Card Delivery: Your PAN card will be delivered to your doorstep shortly.