FincomIndia

PAN (Permanent Account Number)

Permanent Account Number is like your account maintained with the Income Tax Department For the Income Tax Department to identify the person from whom tax needs to be collected or refunded, PAN is the identity.
From Rs 499/- Inc. of all taxes

PAN refers to the (Permanent Account Number). Pan number is comprised of 10-digit alphanumeric number issued by Income tax department to everyone who applies for pan card. Pan number is unique to every pan card holder. It also serves as an identity proof. Once pan card is issued, it remains valid for the entire life of the pan card holder. The primary objective of pan is to use a universal identification key to track financial transactions that might have a taxable component to prevent tax evasion. Pan card is not acceptable as a proof of Indian citizenship.

The PAN is required for most of of financial transactions such as opening a bank account, getting taxable salary or professional fees, sale or purchase of assets above specified limits etc.; especially high-value transactions. Further, there is no criterion of minimum age for getting a Pan card.

Salient Features of PAN (Permanent Account Number)

Starting a Business

PAN for companies was made mandatory by the Indian Government as per the income Tax Act, 1961 which was implemented in 2010. A company also has to provide their TRN (Tax Registration Number) to whoever is paying them. A TRN can be obtained only if you have a PAN. Several ecommerce websites mandate a TRN for companies to host and sell their products on their platform.

Purchasing Foreign Currency

For buying foreign currency above Rs. 50,000/- or more. Under the Foreign Exchange Management Act, a PAN is required. This is because all transactions involving foreign currency are classified under capital or current account transactions.

Opening a Bank/ Demat Account

As per the current rules, you cannot open a bank account if you don’t have a PAN card. The only exception to the rule is if you are opening a zero balance account under the Prime Minister Jan Dhan Yojna where you can use a Voter ID Card or Ration Card as proof of identity to open an account. A Demat account or Dematerialized account holds all your shares in dematerialized or electronic format, and to open such an account you need a PAN card.

Tax Deductions

One of the most important reasons to get a PAN card is for taxation purposes. If you have not linked your PAN number with your bank account, and your annual interest earnings on savings deposits exceeds Ten thousand then the bank would deduct 30 Percent TDS instead of 10%

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
PAN
GST Registration
Class 2 Digital Signature
Rs. 750
Rs. 499
Inc. all taxes
Rs. 3,000
Rs. 2,499
Inc. all taxes
Rs. 5,500
Rs. 4,499
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Submission of PAN Card Application Form

The Acknowledgement form generated after submitting the application form online shall be duly signed, affixed with photograph along with demand draft.

4. Hurray......It's Done

You will get certification from the Government after the approval as well as you will receive the confirmation email with our dedicated team member details Instantly on your email to start your work.

Frequently Asked Questions
The PAN is mandatory for NRI and investors, and one must give their PAN card details in their investment activities. Besides, the government has made it necessary for one to have PAN card for all sales and export of goods and services exceeding 1lakh.
If you are to make any changes to the documents, you need to submit the request form as per the ITD to the nearest TIN Facilitation Center or PAN card center.
Once you have made the payments and filled the necessary documents give the form to an Indian officer, then they will begin the verification process of the details on the documents.
The existing card holder can correct or reprint the data on their cards. You just need to apply directly or download the form from the website and make the payments to NSDL e-Gov or India residents to process the application or through Demand Draft, Cheque, Net banking or debit/credit card. If the applicant is out of India, they can make payments by Debit/credit or Demand draft. For further information on payments, visit the website.
Yes, it is compulsory to quote PAN on return of income.
PAN application should be made only on Form 49A. The application (Form 49A) can be downloaded from the website of Income tax / photo copied / obtained from any other source
Yes, application for fresh allotment of PAN can be made through Internet.
Permanent Account Number (PAN) is a code issued by the Department of Income Tax. It is a 10-digit number-and-alphabet combination and is unique to each individual. Identify this number on your parent's card. It would be something like this - ABCDP4678H. This number enables the department to monitor financial transactions of the holder. It also helps the Income Tax department to keep track of the tax paid or evaded by an individual. The first ever such card was issued in 1964. It is also issued to foreign nationals such as investors.
Copy of Aadhaar card/ voter identity card, Proof of date of birth, Passport size photograph, Copy of Address proof (telephone bill/ Electricity bill), Certificate of Incorporation (In case of company)/ Partnership ship deed in case of Partnership).
The entire assignment will be completed in around 5-10 working days subject to the timely availability of the documents & information from the client’s end.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.