Permanent Account Number (PAN) in India by Legalraasta

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YOUR ONLINE COMPANION FOR COMPANY, TAX AND LEGAL MATTERS WWW.LEGALRAASTA.COM PAN CARD GUIDE - INDIA

Transcript of Permanent Account Number (PAN) in India by Legalraasta

Your online companion for company, tax and legal matters

WWW.LEGALRAASTA.COMPAN CARD GUIDE - INDIAHi, In this video the Legalraasta team will teach our all about the PAN card in India its definition and features.

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MEANING OF PANWhat is a PANPAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted by the Income Tax Department to any person who applies for it. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets above specified limits, buying of mutual funds and more.The primary objective of PAN is to use a unique identification key to track financial transactions that might have a taxable component to prevent tax evasion. The PAN number remains unaffected by change of address throughout India.

Now, what is the meaning of Pan and its primary objective to use?Pan, or permanent account number, is a unique 10-digit alphanumeric number which is allotted by the Income Tax Department. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets and more.

The main Objective of Pan is to use a unique identification key, to track financial transactions

FEATURES OF PAN CARD

Once a Pan Card is issued it is valid for the lifetime and it requires no renewal

PAN is a 10 digit alpha numeric code issued by the Income tax department

PAN can be obtained by both Indian Nationals and Foreign Nationals

PAN is required for payment of Direct Taxes and filing Income tax ReturnsKey Features of PANPAN has multiple features.Once a Pan Card is issued it is valid for the lifetime and it requires no renewal.

PAN can be obtained by both Indian Nationals and Foreign Nationals

PAN is required for payment of Direct Taxes and filing Income tax Returns.

DOCUMENT REQUIREDIf Applicant is Individual/Sole Proprietor

Identity proof- Voter id/Ration card/passport/Driving License/Aadhaar/Any other Government Id with photoAddress proof- Latest Electricity bill/ landline telephone bill/water bill/consumer gas connection card or book or piped gas bill/ bank account statement / credit card statement; OrPassport/Voter id/Driving License/Domicile Certificate/AadhaarProof of Date of Birth- Birth Certificate/10th Passing Certificate/Passport/Driving License/Domicile Certificate/AffidavitNote: In case of minors proofs in 1st and 2nd row of parent/guardian will be deemed to be of minor.

If Applicant is partnership

Partnership Deed

Other documents

Incorporation certificate issued by ROC

If Applicant is Foreigner/NRIIdentity Proof -Copy of Passport/Indian Origin Card/Overseas Citizenship of India Card

If Applicant is Company/LLP/Firm registered outside IndiaCertificate of Registration of Origin Country attested by ApostilleRegistration certificate issued in India or copy of approval granted to set up office in India

If you are Individual/Sole ProprietorIdentity proof, Address proof, Proof of Date of Birth.If you are Foreigner/NRIIdentity Proof -Copy of Passport/Indian Origin Card/Overseas Citizenship of India Card.If you are Company/LLP/Firm registered outside IndiaCertificate of Registration of Origin.Registration certificate issued in India.If you are partnershipPartnership Deed.Other documentsIncorporation certificate issued by ROC.

PACKAGES OF PAN CARDInclusionsIndian Nationals / ResidentsBusiness Entities registered in IndiaForeign Nationals and Entities

Drafting ApplicationGovernment FeeIndividual

399Package price (Rs.)5992,499You can either file the documents at the NSDL office in your respective territory or use Legalraasta services to apply PAN

With LegalRaasta you can apply for PAN by filling a simple online form available online at our website. The package for PAN starts at rupees 399.

About LegalRaasta and TeamAbout usWe are committed to helping you grow your business and add value through our expertise. We aim to deliver a hassle-free experience so that you can focus on your core business.

Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man. Legalraasta.com is a one destination for your legal matters relating to:Forming any type of business entity (e.g., Pvt. Ltd Co, LLP etc)Filing individual and company returnHelping on company compliances such as ROC filings & minutesProtecting work through trademark & copyrightOur teamLegalRaasta.com has been founded by a team of Chartered Accountants and professional advisors. We currently have a network of 100+ professionals including experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers and Bankers.Pulkit Jain, founder of Legalraasta, has over 5+years experience in CA and Legal domain. He has worked with the top CA firms in India and has served large corporate and MNCs

Legalraasta.com is Indias top destination for legal & company matters . We can help you in Forming any type of business entity (Example Private. Limited Company, LLP),filing individual and company return, Helping companies for their compliances such as ROC filings & minutes, protecting work through trademark & copyright.

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Why Choose UsCost effectiveBusinesses are always under intense time and cost pressures. With our great packages 40% savings are ensured compared to typical CA/ LawyerExpertiseBy teaming up with us , you will have an access to network of 100+ experts. You can gain the peace of mind in knowing that your accounting tasks are done properly by qualified, experienced and knowledgeable professionals in the field.Easy Online ProcessYou dont have to deal with the typical headaches involved with face to face meeting and visiting government offices. Our process is 100% online. Fill out simple forms and you are done!!Trusted We are a trustworthy partner which has been serving startups & companies for past several years. Our growth numbers stand as a testimony: 200+ clients100+ services30+ testimonials

Partner/ Affiliations

We are an e-filing intermediary and have been facilitating filing of hundreds of e-returns. We are also registered with e-mudhra for issue of Pan cards. There are multiple other associations with CA & legal firms. Our site has been secured by SSL to protect your personal & payment details

We are a trusted partner with multiple top level expertise and affiliation, and yet cost effective.

Contact UsCorporate officeB-186, Lok Vihar, Pitampura, Delhi 110034 IndiaOur team always endevour to serve you best. Feel free to reach out to us at:www.legalraasta.comMail: [email protected], M: +919999379929

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