PAN Registration
- Art Teacher
- London, UK
- 5-7 Hrs
In today’s financial world, having a Permanent Account Number (PAN) is not just a choice—it’s a legal necessity. Whether you’re an individual, business, freelancer, or foreign investor, PAN is your universal tax identity in India. It’s a 10-digit alphanumeric number issued by the Income Tax Department that connects all your financial transactions under one roof. From opening a bank account, buying property, filing income tax returns, to receiving taxable payments, PAN ensures the government tracks and verifies your financial compliance. But did you know that even minors, NRIs, and foreign companies may be required to apply for PAN in certain cases? The process has become simpler—online application, e-KYC, and e-sign have reduced paperwork significantly.
Documents Required
- Aadhaar card (or any of: Voter ID, Passport, DL)
- Proof of Date of Birth (if not on Aadhaar)
- Passport-size photo (for physical application)
- Signature (for physical PAN card)
- Certificate of Incorporation/Registration
- PAN of Directors/Partners
- Address proof of the entity (utility bill, lease, etc.)
- Passport copy
- OCI/PIO card (if applicable)
- Bank statement or visa for address proof
Registration Process
- Go to NSDL or UTIITSL website
- Choose appropriate PAN form:
- Form 49A – Indian Citizens
- Form 49AA – Foreign Citizens/Entities
- Fill details online → Upload documents (or opt for e-KYC/e-Sign)
- Pay fee
- Receive acknowledgment number
- PAN card will be sent physically (and e-PAN emailed if opted)
FAQs
PAN is required for all bank accounts except Basic Savings Bank Deposit (BSBD) accounts.
NRIs need PAN if they have taxable income in India, engage in financial transactions requiring PAN, or want to comply with tax regulations.
PAN is mandatory for GST registration as it identifies the business taxpayer.
Foreign companies can get PAN without physical presence in India by following prescribed application procedures and submitting required documents to the Indian tax authorities.
Mistakes in PAN details like name or date of birth can be corrected by submitting a PAN correction request with valid supporting documents online or offline.
No, PAN cannot be linked with multiple Aadhaar numbers. Each PAN must be linked with a unique Aadhaar.