What is meaning of pan card?

Question

What is meaning of pan card?

Answer 1

PAN - Permanent Account Number. The card is issued by Income Tax Department of India. For more details visit:

http://www.incometaxindia.gov.in/SearchR...

AJM

Answer 2

Permanent Account Number (PAN) is a national identification number, issued to all taxpayers of India whose income is taxable. This number is issued by the Income Tax Office.

This number is required for many activities such as opening an account, getting a phone line, receiving salary or professional fees. The primary purpose of PAN is to prevent tax evasion by keeping a track of monetary transactions. The PAN is unique, national, and permanent. It is unaffected by a change of address, even between states.