New Delhi: PAN card is without doubt one of the most essential paperwork in India. It’s issued by the Earnings Tax Division beneath the supervision of the Central Board of Direct Taxes (CBDT) and in addition serves as an essential ID proof. The principle goal of PAN card is to deliver a common identification for all monetary transactions in order to forestall tax evasion.
In case you are incomes, you want PAN to file revenue tax return and declare revenue tax exemption. For those who shouldn’t have a PAN card but, you may apply for an e-PAN utilizing your Aadhar card. Aadhar card holder can apply for PAN card on-line with none price.
It might be famous that the e-PAN facility was launched by the IT Division. With this facility folks can apply for a digitally signed PAN utilizing Aadhaar KYC. The IT division makes use of Aadhaar KYC for fast allotment of e-PAN.
This is how one can apply for PAN utilizing Aadhaar
step 1: Go to the PAN-ONLINE portal of UTIITSL and discover the choice ‘Apply as Indian Citizen/NRI’ and click on on it.
step 2: You will note 4 choices, ‘Digital Signature / Aadhaar primarily based e-Signal, or Apply and Signal utilizing Aadhaar Holders! Apply utilizing e-KYC possibility.
step 3: You’ll be directed to Utility for Allotment of Everlasting Account Quantity (PAN Card India) – Type 49A
step 4: To make use of Aadhaar to use, ‘Aadhaar holders! Click on right here to pick out Aadhaar primarily based e-KYC possibility.
Step 5: You may apply for each bodily PAN card and e-PAN or simply e-PAN by deciding on the suitable possibility.
Step 6: Fill the shape appropriately and click on on ‘Submit’.
It’s to be talked about right here that after profitable utility submission, a 15-digit acknowledgment quantity might be generated and despatched to the registered cellular quantity/e-mail ID talked about within the utility type. The standing of PAN utility might be checked by means of the PAN Standing webpage.