What is the full form of a PAN card, and how is it helpful for every person?

The PAN Card Full form is a Permanent account number. A permanent account number is a ten-character alphanumeric identifier, issued in the form of a laminated “PAN card”, by the Indian Income Tax Department,

To any “person” who applies for it under the term “Person”.This means – An Individual ( Salaried Person, Person who is a sole proprietor, Lawyer etc.) HUF means (Hindu Undivided Family) A Company (starkbros consultancy Private Limited, TCS Ltd.). Association of Persons [AOPs], Body of individuals [BOIs], Firms, LLPs, Local authority and any artificial juridical person.

PAN Card is helpful what is the full form of a PAN card, and how is it helpful for every person. if a person wants to start a financial transaction such as opening an account, applying for a loan, opening a demand account etc PAN is mandatory.

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