PAN Card is an essential document, issued by the Income Tax Department of India. It is an alphanumeric code that is assigned or given to all individuals and entities that fall under the provision of the Income Tax Act 1961. The PAN card act as a link to all the financial transactions so that no tax evasion can take place.
In earlier times, to apply for PAN Card is a long and tedious process. After applying, the applicant is receiving a PAN Card after taking a long period. Understanding a time factor, the government comes up with the fast track process which makes it possible for an applicant to get PAN Card in 48 hours.
PAN card used for all financial purposes such as for opening a bank account, buying of a motor vehicle and for filing income tax returns and many more.
PAN Card is a photo identity issued by the Government of India. It serves as an identity proof anywhere in the country. Its validity is for a lifetime.
Usually, after submitting the PAN card, it takes 15-20 working days to issue a PAN card. But now the Income Tax Department makes a provision to get a PAN card in 2 days.
Visit the NSDL website and select the appropriate form from the options provided.
After reading the guidelines, select the type of form (with or without Digital Signature Certificate) and type of applicant from the drop-down menu and proceed to fill in the details requested.
Once you have filled in the details and uploaded the relevant documents, submit the form.
You will receive an acknowledgment in the form of your application number, which you can use to track the status of your application.
You will receive your PAN card within 48 hours through registered post once the details submitted by you have been verified and processed.