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Most widely accepted and expected code that acts as an identification of an Indian individual is Permanent Account Number or PAN. With no age restrictions, PAN card can be registered for any and every individual from a kid to adults and even corporations paying Tax. PAN is a unique 10 character alphanumeric code issued by Income Tax Department of India. It is mandatory for all the tax paying individuals and entities to have PAN.
Registration for PAN becomes quintessential as it is mandatory for all the transactions related to finance including back account opening, paying and receiving salary, online transactions, sale and purchase of assets above specific limits and many more. Moreover, PAN has become a universal identification code for individuals, entities and transactions enabling the government to prevent tax evasions. Since each PAN is unique, it is enables the government to catch the fraudulent.
With the help of Jain Divya & Associates, you can easily register for PAN without much ado. You need to apply once for PAN as it is valid for lifetime and even change in address does not affect it. The PAN registration takes 10-15 days after the submission of form and relevant documents, depending upon the government processing.
Having a PAN makes everything easier, simpler and smoother. Hence, registering of PAN is also easy and hassle-free. Jain Divya & Associates not only helps you in getting PAN and is efficient in providing consultation regarding PAN and other financial issues.