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The PAN or Permanent Account Number is a ten digit
alphanumeric number that is issued in the form of a
laminated card by the Income Tax department. This measure
was taken in order to allow the authorities to monitor the
financial dealings taking place in the country and for the
enforcement of Income Tax laws that prevent unfair or
illegal procedures. In the current scenario, the PAN is a
compulsory item that every adult must own as it allows one
to file for income tax returns and any other activity
pertaining to financial exchanges.
The procedure for application for the PAN card is a simple
one, and once the duly filled application form has been
submitted it is just a matter of time before the PAN card is
delivered to your address. It generally takes three weeks
for the delivery of the card, but in case it is not
delivered on time or if you have some inquiry regarding the
status of your PAN card, then it is now possible to have
your queries answered.
The status of your PAN card can be checked in the case of
various scenarios. These include the application for a new
PAN, reprint of the PAN card or in case of changes or
corrections in PAN card details. 3-4 days after the
application for PAN card one can easily check the status of
the PAN card online with the help of a 15 digit unique
acknowledgement number. This is given to you upon submission
of the PAN card form. The Check status enquiry can be used
in case you have made the payment using a credit card
online. Using this facility you can do one of three things.
· Track
the status of the application by entering the 12 digit code
that flashes on the screen at the time of payment.
· The
mode of payment can also be changed to cheque or demand
draft if you find that the payment through credit card has
been unsuccessful.
· One
also has the option of regenerating and printing the receipt
for acknowledgement of the payment within 30 days of the
date of online application.
The PAN card is a must for every individual related to India
in some way, and more so for NRIs wishing to do business in
India. Thus it is very important to file for the PAN card
without wasting time and to keep a check on the status of
the PAN card application. The current online facilities have
made it relatively simple to not only pay online, but also
check the application status online.
These new and improved facilities save you a lot of worry
about the status of the PAN card and let you rest assured
that the delivery of the PAN card is pending and that your
application has not been in vain. These new online services
also allow you to change any details in the application
form. Thus if you already do not own a PAN card, then apply
now as it is a simple procedure that will save you a lot of
worry and hassle later.
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