Pan Card is a card issued by the Income tax department which has number, popularly known as Permanent Account Number ( PAN ) is an Unique identification number issued by the Income Tax Department which is mandatory for all your Financial transactions like banking , Income tax filing, For opening Demat and Trading account etc. In this article we shall see how we apply for PAN card using Aadhaar Number at free of Cost.
What is a PAN Card?
A PAN (Permanent Account Number) card is a unique ten-digit alphanumeric code issued by the Income Tax Department of India. It serves as a vital identification document for financial and tax-related transactions. The PAN card not only acts as a proof of identity but also helps track various financial activities and assets linked to an individual or entity.
Section 1 – Structure of a PAN:
A PAN card is uniquely structured, consisting of ten characters divided into five segments:
1. First Five Characters:
These characters represent the letters of the individual’s or entity’s last name or surname.
2. Next Four Characters:
The next four characters are numerical digits assigned sequentially.
3. Last Character:
The last character is an alphabetical digit and is a random check character used for verification.
Section 2 – Need for Instant PAN Card:
PAN Card is mandatory for GST Registration and Filing of Income tax .PAN card can be obtain in two ways one is Offline mode and the other one is online mode.
To get a PAN card through offline mode we need to submit a Application form 49A, along with the Photograph, Valid ID and Address proof. And the same has to submit to the authorized service providers like UTIITSL and NSDL. A fee of Rs.107 ( Approximately ) to be paid. And we have to wait for 7 to 14 days to allot and receive the PAN Card.
In case of Online process we can get instant Pan card at free of cost and the PAN will be allotted normally within a day and the status of your application for pan will be intimated to your mobile no. and Email id. Once the Allotment of PAN is done you can download the PAN card in PDF format from the Income tax department website.
Section 3: Process of Getting a Free Instant PAN Card:
The applicant needs to follow the below steps in order to avail the ‘Instant PAN through Aadhaar’
Step 1: Visit site https://www.incometaxindiaefiling.gov.in/home
Step 2: Click on ‘Instant PAN through Aadhaar’ icon provided on the left-hand side under Quick Links.
Step 3: Click on the ‘Get New PAN’ icon.
Step 4: Enter the Aadhaar number.
Step 5: Enter the Captcha.
Step 6: Click on ‘I Confirm that’ button.
Step 7: Click on ‘Generate Aadhaar OTP’. By clicking ‘Generate Aadhaar OTP’, a One Time Password would be sent to the registered mobile number.
Step 8: Enter the OTP received.
Step 9: Validate the Aadhaar details.
On successful submission of all the details, an acknowledgement number will be generated and sent to the registered mobile number and e-mail ID.
Note: Your Aadhar no. should be linked with valid mobile No. If Mobile no. is not linked with your Aadhar you cannot apply for Free PAN.
How to Download PAN Card
The applicant needs to follow the below steps in order to check the status or download the allotted PAN:
Step 1: Visit site https://www.incometaxindiaefiling.gov.in/home
Step 2: Click on ‘Instant PAN through Aadhaar’ icon provided on the left-hand side under Quick Links.
Step 3: Click on the ‘Check Status / Download PAN’ icon.
Step 4: Enter Aadhaar number.
Step 5: Enter Captcha and click submit.
If the PAN is allotted, the same can be downloaded by following the above steps.
NOTE – The applicant would also receive the PAN in PDF format through e-mail ID provided at the time of filing the application form. It should importantly be noted here that the e-PAN so received would contain a QR code having demographic details of the applicant, Namely,
Name of the applicant;
Date of Birth of the applicant
And Photograph of the applicant
Such details are accessible through a QR code reader. Noticeably, such e-PAN is a valid proof of PAN. It is similar to PAN issued by the Income Tax department through offline mode.
Conclusion:
The convenience of acquiring a PAN card instantly at free of cost, empowers individuals to seize job opportunities, make crucial investments, and set up a business and other financial needs. As we conclude this exploration of the free instant PAN card, we encourage readers to embrace this streamlined process for their financial needs.
Disclaimer:
The content and views stated in this article is solely for informational purposes.
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