Permanent Account Number (PAN) is one of the basic yet vital proofs of identity documents in India that also doubles up as an essential financial document. PAN Card is issued by the Income Tax Department of India.
Most of the times, PAN Card is applied by Indian citizens to file Income Tax Returns (ITRS). But it may also be used for many other purposes such as applying for a bank account, availing loans, credit cards and much more.
It is easier to apply for a PAN Card on the NSDL website and save your time and effort. It is made available after paying a small processing charge of Rs.110.
You either have the option of applying for the PAN Card online by submitting the Form 49A and sending the required documents by posts or e-Sign them and enjoy PAN Card download.
If you want to know how to indulge in the PAN Card download facility, then here is a post to know more!
How to start the PAN Card download online?
In the Union Budget of 2019, the Central Board of Direct Taxes Chief has mentioned about Government introducing centres all across to ensure ease of applications e-PAN.
Thus, you can now go for the PAN Card download soft copy (e-PAN Card) through the NSDL website after quoting your acknowledgement number and PAN and date of birth.
You can start following the below steps to start downloading your online PAN Card by using your acknowledgement number:
- Land on the NSDL website to download the e-PAN with acknowledgement number
- Feed the acknowledgement number that you have received
- Click on ‘Generate OTP’ button
- Feed the OTP received on your registered mobile number and click on ‘Validate’
- You will then need to click on the download PDF option to begin your PAN Card download
Here are the easy steps to download the e-PAN Card with your PAN Card and date of birth:
- Browse the download e-PAN NSDL website
- Provide the details as required on the Form such as date of birth, PAN and Captcha code
- Click on the ‘Submit’ button, and you are now in a better position to enjoy PAN Card download
Other than filing the Income Tax Returns 9ITRs), a PAN Card also comes with many more benefits. Have a look:
- ITRs – The basic purpose of applying for a PAN Card is by individuals and other entities is to file taxes.
- Identity proof – PAN Card is also used as a key identity proof, along with other similar documents such as Voter ID Card and Aadhaar Card.
- Starting a business – To begin a business, a company needs to have a PAN Card registered in the name of the owner. Tax Registration Number (TRN) is required for a business which can be acquired only if you have a PAN.
- Opening a bank account, Credit Card and availing loans – If you are looking to apply for a credit card, want to avail loans, and open bank accounts, then you will need to submit PAN as KYC (Know your customer).
- Cash deposits of Rs.50,000 and more – If you want to make a deposit of Rs.50,000 and more into anyone’s bank account, then you will need to quote PAN.
You know have an idea about the downloading process of e-PAN Card, along with its multiple benefits other than just filing the Income Tax Returns (ITRs).
Thus, what are you still looking for? You can simply start implementing the process mentioned-above to enjoy hassle-free PAN Card download. It will also help you save big on time and efforts compared to the conventional method of obtaining a PAN Card.