Know Your PAN Card By Athulya - July 9, 2019 Last Updated at: Jan 06, 2021 17194 Latest Update The IT Department has said that your PAN will become inoperative, if not linked to Aadhaar before 31st March 2020. News Update: Earlier the Income Tax Government website had the option ‘Know your PAN‘. But recently, the website has been updated and you can now find the option ‘Verify your PAN‘. If you are a citizen of India, then you should definitely hold a Permanent Account Number (PAN). It is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes. If you have not made it, get it online. With a few clicks on your mouse, you can know your PAN card status and also you can verify your PAN details online. Hope this blog will also help those who are googling, ‘PAN Check Online’. What is a PAN? PAN Card in India is provided to every eligible income taxpayers. It is provided to keep track of financial transactions and also to prevent any kind of tax evasion. Indian Government introduced the Permanent Account Number Card system in the year 1972 and gave it a statutory basis under Section 139A of the Income Tax Act, 1961. PAN Card is issued to individuals, companies, non-resident Indians or anyone who pays taxes in India. Cost and validity of a PAN: The cost of a PAN card is Rs.110 or Rs. 1,020 (approximately) if the PAN card is sent outside India. Your PAN number is valid for a lifetime. Therefore, Permanent Account Number serves to be an important document for any salaried employee or individuals enjoying profit or generating revenue. Here are some quick and easy ways to know your PAN Number if you have registered for the same. You can check your PAN card status online. PAN card verification is simple and easy. You can also know how to apply for a PAN card online on the income tax portal. Register Your Startup Business Now Types of PAN application: The three types of PAN applications are as follows: Allotment of PAN through Form 49 A This is viable for first-time applicants. New PAN Card/Changes/Correction in PAN This is used by people who already have an allotted PAN. If they require a new card or find that the information provided in the document is either wrong or outdated, then they may file this application to update the information printed on their card. Allotment of PAN for foreigners through Form 49AA This is exclusively used for foreign nationals. Get to know how to link your Aadhaar Card with your PAN card online. PAN card verification steps: The government has come up with a new mechanism for verifying your PAN Card Verification. One can simply get to know it by following the steps below: Step 1: One should visit the official website of the Income Tax which facilitated e-filing. The official address of the website is https://www.incometaxindiaefiling.gov.in/. Log on to the website to proceed further. Step 2: Locate the ‘Verify Your PAN details’ option, on the left side of the screen, below the ‘Quick Links‘. As soon as you click on it, you will be one step closer to knowing your PAN details. BLOG UPDATED ON 27-Nov-2019: Earlier the website had the option ‘Know your PAN’. But recently, the website has been updated and you can now find the option ‘Verify your PAN’. Step 3: After clicking on the icon, you will be redirected to a portal which will ask you to fill in the following credentials: Your PAN number which will have alphanumeric unique identification code. Your full name, which is available on your PAN card. Date of Birth. PAN status. If asks if you have registered as an individual or for company purpose or any trust and so on. Enter the Captcha Code correctly from the image given. Click ‘Submit‘. Below, you can find a screenshot which is for your reference. Therefore, you can verify your PAN card status now. Step 4: Once you have entered all the credentials correctly, you will be re-directed to a page where it will reveal your PAN status. If the credentials are correct, then you will receive a message whether it is active or not. However, this way you can verify the PAN number. Now that, you will be able to get to know your PAN card details from your PAN card number. Uses of a PAN card in India: A PAN card is mandatory to Register your company in India Open a bank account Open a bank fixed deposit worth Rs.50,000 or more Buy/sell mutual funds, shares, property Taking a loan Apply for a credit card File an income tax return And lots more… To know further advantages of PAN card, read the blog here.