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PAN Card Application
A PAN card is an essential document for any Indian citizen for proof of identity and more importantly for all your tax purposes. The Income Tax Department of India has made PAN card applications easier over the years with the help of the internet.
The Income Tax department has assigned the National Securities Depositary Limited (NSDL) primarily for the application of PAN card online. Apart from this, UTI Infrastructure and Services Limited (UTIISL) has also been appointed by the IT Department for the application of PAN cards.
There are several agencies working on a district-level providing PAN cards for applications from accepting applications, processing them and then providing the customers with the card.
How to Apply For a PAN Card?
Application of a PAN card can be done online as well as through offline methods. To apply for the card online, you can visit the official website of NSDL and fill in the required details. You can also visit the website of UTIIISL to do so. For offline application, you will be required to download the application form and submit it to the agency of your choice.
Online Process to Apply For a PAN Card
Here are the steps which need to be followed to apply for the PAN card:
Step-1 In order to apply for a PAN card online, you will have to visit the website of NSDL where you can fill in the information which needs to be submitted.
Step-2 Click on the option 'Apply Online' on the top left corner since you are a new applicant.
In the drop-down, you can select one from the three options which are:
New PAN – Indian Citizen
New PAN – Foreign Citizen
Changes or Correction on Existing PAN/Re-print of PAN card.
Step-3 Once done, you will need to select the 'Category'. The category list includes options such as individual, company, an associate of individuals, Hindu Undivided Family, Trust, Limited Liability Partnership, local authority, etc.
Step-4 After choosing any one of the following options, you will need to fill in your details.
The information must be provided for these sections:
Title
Last name
First name
Middle name
Date of Birth
Email ID
Phone number
Step-5 After providing the required information, you will have to re-type a captcha code and then click on 'Submit'.
Step-6 After submitting, the website provides you with a 15-digit acknowledgement number and the page must be printed.
Process to Apply For a PAN Card Offline
Here are the steps to follow in order to apply for a PAN card through offline methods:
Step-1 You will need to download the Form 49A from the official website of Income Tax Department of India or you can visit any of the Income Tax PAN service centre which is managed by UTIISL.
Step-2 Fill up the form with all the sections in the 8 pages.
Step-3 Once done, you will have to send a demand draft of Rs.107 including tax along with the application form.
If the PAN application needs to be sent outside India, an additional amount of Rs.887 must be paid.
Step-4 The form must be sent along with a copy of your ID proof and address proof to - INCOME TAX PAN SERVICES UNIT (Managed by NSDL e-Governance, Infrastructure Limited), 5th Floor, Mantri Sterling, Plot No. 341, Survey No. 997/8, Model Colony, Near Deep Bungalow Chowk, Pune - 411 016.
Who Can Apply For a PAN Card?
Application of PAN card or a request for any kind of correction on PAN card can be done by any individual, trusts, corporate companies, organisations, local authorities, minors, senior citizens as well as governments.
Every tax-payer in the country needs to have a PAN card in order to make any financial transactions such as receiving a salary which is under the tax bracket, buying or investing in mutual funds. With your PAN card, all financial transactions are tracked and kept account of by the Income Tax Department.
Documents Required for Application of New / Modified / Reprint / Correction Of PAN
The documents which will be required for the application of PAN card in either of these categories should verify your identity, date of birth and address.
The application forms for all these categories can be found on the official website of NDSL and UTIITSL.
The following documents are required for the application:
Aadhar Card
Passport
Passport size photographs
Acknowledgement letter (in case of new passport)
Things to keep in mind while applying for a new PAN card
There are a few things that should be kept in mind at the time of applying for a new PAN card. Some of the important factors are being listed below:
1. The personal details provided by you should match the details which are recorded on your documents which you have submitted.
2. Double check the address of residence before submitting the application.
3. Make sure that you provide your active email ID and mobile phone number.
4. You cannot apply for a new PAN card if you already have a PAN which has been issued to you previously. You have to place a request for a duplicate card if you have lost or misplaced your PAN card.
5. In case you are applying offline, make sure that you fill up Form 49A in block letter only.
6. Before you submit the Form 49A, make sure that your photograph is pinned to your application form.
7. In the case of online applications, make sure that the size of your photograph does not exceed 30 kb. The file should be in JPEG format and in square dimension (213*213).
8. In the case of online applications, make sure that the size of your scanned signature copy does not exceed 60 kb. The file should be in JPEG format.
9. For offline application, the signature or thumb impression of the applicant should go across the photo provided with the form.
10. In case of an application being submitted with thumb impression, the same has to be attested by a Magistrate or Gazetted Officer.
PAN card, i.e. permanent account number, is provided by the Income Tax (I-T) department to every income tax payer. PAN card is compulsory and is required for doing most financial transactions.
The I-T department has made it mandatory to link your bank account with PAN. The main reason for this is that your income tax refunds will be credited directly to your bank account. If your primary bank account is not added to the PAN account, then you will not receive any refunds. You can add any type of account to PAN – savings, current, checking, cash, or overdraft. Earlier, you could get refund cheques sent to your registered residential address, but that option has now been taken away.
Fees and Charges for PAN Card
The fees and charges applied varies on the type of application which is filed with the Income Tax Department of India. For example, for application of a new PAN card, Rs.107 is the fee which needs to be paid in the form of a demand draft when applied online. This is for an Indian citizen.
Depending on your type of application for the card, if you are an Indian or a foreign citizen or if you have applied for changes to be made, the fees charged varies. A postal fee is also charged if you choose the option of card delivery to your address.
STEPS TO AND LINK YOUR PAN CARD WITH BANK ACCOUNT HERE.