How to Apply for PAN in India

For every Indian citizen, PAN or broadly known as the Permanent Account Number carries utmost importance. Not only does it serve as a valid identity proof but it is the single entity that governs your income umbrella and certifies you being identified uniquely by the Income Tax Department of India.

A PAN Card is equivalent of the social security card in US and carries alphanumeric ten digit number with your photo, name and father’s name and date of birth printed on the card. If you are an Indian citizen or have acquired Indian citizenship, it is mandatory for you to apply and obtain a PAN Card. So, what exactly do you need a PAN card for? Read on to find out more.