PAN CARD AND IT'S IMPORTANCE
Everything you need to know about Pancard
* What is a Pancard? Why?
PANcard is one of the most common card for all. The Income Tax Department has set up a PAN-Permanent Account Number for disbursing money and black money. It is a mandatory requirement for paying taxes and filing returns.
In India only one pancard exists. Take multiple pancard is a punishable offense. (The PAN number - the first 5 letters and 4 numbers, then 1 letter and the total 10 letters included.
PAN Structure is as follows: AAAAA9999A)
"The fourth character of the pancard's number of a person will be P"
************************
* In what areas will the pancard be required? *
Buying items worth more than Rs 1 lakh
- Buy and sell more than five million
-Bank loan receipt
- To purchase motor vehicles necessary for registration
-How to receive the lottery prize
- Salary account requiring a salary payer
-Hotel / Restaurants where the bill is more than 25000 (25th Five thousand)
-In case of insurance / LIC premium to pay above Rs. 50000 (50,000 / -)
Exporting & Importing to import and export
To deposit, withdraw and transfer more than 50,000 rupees in the country / post office
-To invest in the retail market
-For a 50% surplus of deposit schemes in the post office
- To start Savings Bank Accounts (including Cooperative Bank)
- To get more bank drafts (DD) of more than Rs
-Become a member of the Investment Scheme like Gold Planning Project in banks
- Become a member of the deposit schemes like Mutual Funds
- To apply for a credit card
Spending more than twenty-five rupees to travel for a trip
Gold for over Rs 1 Lakh
************************
If the above mentioned things come in your life, panamper is mandatory. A pawn card will be required for further areas in the future
************************
* It is not necessary to have a PAN Card, taxpayer if there is a tax, or an income tax return. *
************************
It is possible that your personal information may be misused if it is not just the designated agencies involved in taking the PAN card.
# Attention to those who apply for a PAN card
* Application of a PAN card requires three types of proof (Proof)
1-complete document date of birth
2- Complete Address Line
3 - Photo Identity Document
Passport is one of the three things that are described above, so if you have an expired passport and two passport size photographs.
In the Aadhaar, ID card and driving license we use are three of the above, and if it is in full, it is equivalent to passport.
* PAN card can apply
Documents required
1-passport (unlimited time)
($) No passport
-SSLC Book
-Id Card / Driving License / Aadhaar Card.
2 - Passport size photograph (2 copies)
PANcard is one of the most common card for all. The Income Tax Department has set up a PAN-Permanent Account Number for disbursing money and black money. It is a mandatory requirement for paying taxes and filing returns.
In India only one pancard exists. Take multiple pancard is a punishable offense. (The PAN number - the first 5 letters and 4 numbers, then 1 letter and the total 10 letters included.
PAN Structure is as follows: AAAAA9999A)
"The fourth character of the pancard's number of a person will be P"
************************
* In what areas will the pancard be required? *
Buying items worth more than Rs 1 lakh
- Buy and sell more than five million
-Bank loan receipt
- To purchase motor vehicles necessary for registration
-How to receive the lottery prize
- Salary account requiring a salary payer
-Hotel / Restaurants where the bill is more than 25000 (25th Five thousand)
-In case of insurance / LIC premium to pay above Rs. 50000 (50,000 / -)
Exporting & Importing to import and export
To deposit, withdraw and transfer more than 50,000 rupees in the country / post office
-To invest in the retail market
-For a 50% surplus of deposit schemes in the post office
- To start Savings Bank Accounts (including Cooperative Bank)
- To get more bank drafts (DD) of more than Rs
-Become a member of the Investment Scheme like Gold Planning Project in banks
- Become a member of the deposit schemes like Mutual Funds
- To apply for a credit card
Spending more than twenty-five rupees to travel for a trip
Gold for over Rs 1 Lakh
************************
If the above mentioned things come in your life, panamper is mandatory. A pawn card will be required for further areas in the future
************************
* It is not necessary to have a PAN Card, taxpayer if there is a tax, or an income tax return. *
************************
It is possible that your personal information may be misused if it is not just the designated agencies involved in taking the PAN card.
# Attention to those who apply for a PAN card
* Application of a PAN card requires three types of proof (Proof)
1-complete document date of birth
2- Complete Address Line
3 - Photo Identity Document
Passport is one of the three things that are described above, so if you have an expired passport and two passport size photographs.
In the Aadhaar, ID card and driving license we use are three of the above, and if it is in full, it is equivalent to passport.
* PAN card can apply
Documents required
1-passport (unlimited time)
($) No passport
-SSLC Book
-Id Card / Driving License / Aadhaar Card.
2 - Passport size photograph (2 copies)
Post a Comment