Thursday, November 8, 2018

Who Should Apply for a PAN Card?

All taxpayers, manufacturers, producers, people who carry out financial transactions over the prescribed limit need a PAN card.

Even those who need to provide a return of income on behalf of another person requires PAN.

All companies, organizations, and trusts should have PAN.

Even newborn babies and infants have been known to be issued PAN card by the Income Tax Department.

Foreign nationals also require PAN cards for investments within the country.

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