FAQs

A PAN card, or Permanent Account Number card, is used for various financial purposes in India. Some of its primary uses include:
Income Tax Filing: PAN card is mandatory for filing income tax returns in India. It helps the Income Tax Department track and verify individuals’ financial transactions and tax liabilities.
Opening Bank Accounts: PAN card is required to open a bank account, whether it’s a savings account, current account, or fixed deposit account. It helps banks verify the identity of the account holder and comply with regulatory requirements.
Investments: PAN card is necessary for investing in securities such as stocks, mutual funds, bonds, and other financial instruments. It helps track investments and ensures compliance with tax regulations.
Property Transactions: PAN card is required for purchasing or selling immovable assets such as land, property, or vehicles above a certain threshold value. It helps in documenting high-value transactions and preventing tax evasion.
Availing Loans: PAN card is often required when applying for loans, including personal loans, home loans, car loans, or business loans. Lenders use it to verify the applicant’s identity and assess their creditworthiness.
Foreign Exchange Transactions: PAN card is necessary for certain foreign exchange transactions, such as remitting money abroad or purchasing foreign currency above specified limits. It helps monitor foreign exchange transactions and prevent illegal activities.
Government Subsidies and Schemes: PAN card is sometimes required to avail government subsidies, benefits, or schemes. It helps in verifying the eligibility of individuals for various welfare programs.
Overall, the PAN card plays a crucial role in financial documentation and compliance, serving as a unique identifier for individuals and entities engaged in various financial activities in India.

Any individual or entity that meets the following criteria is eligible to apply for a PAN card in India:
Indian Citizens: Any Indian citizen, whether residing in India or abroad, is eligible to apply for a PAN card.
Entities Registered in India: This includes entities such as companies, firms, LLPs (Limited Liability Partnerships), trusts, societies, etc., that are registered in India and engage in financial transactions.
Non-Resident Indians (NRIs): Non-Resident Indians, as well as foreigners who conduct financial transactions in India, are eligible to apply for a PAN card if they have taxable income in India.
Minors: Even minors can apply for a PAN card. In such cases, their parents or guardians can apply on their behalf.
Foreign Nationals: Foreign nationals who engage in financial transactions in India, such as investments, business activities, or employment, are also eligible to apply for a PAN card.
Entities Required to Deduct Tax at Source (TDS) or Collect Tax at Source (TCS): Entities such as companies, firms, or individuals who are required to deduct or collect tax at source as per the Income Tax Act are also required to obtain a PAN card.
It’s important to note that having a PAN card is mandatory for certain financial transactions and activities in India, as prescribed by the Income Tax Department. Therefore, individuals and entities who fall under any of the above categories should apply for a PAN card to fulfill their tax and financial obligations.

Permanent Account Number abbreviated as PAN is a unique 10-digit alphanumeric number issued by the Income Tax Department to Indian taxpayers. The department records all tax-related transactions and information of an individual against his unique permanent account number.

o apply for a PAN card in India, individuals need to submit the following documents:
Proof of Identity (PoI): Aadhaar Card issued by the Unique Identification Authority of India (UIDAI)
Passport
Voter ID card
Driving License
Ration Card with photograph of the applicant
Arm’s License
Pensioner Card with photograph of the applicant
Photo ID card issued by the Central Government or State Government or Public Sector Undertaking
Ex-servicemen Contributory Health Scheme (ECHS) photo card
Photo ID card issued by Recognized Educational Institution
Certificate of Identity in Original signed by a Gazetted Officer on official letterhead
Photo credit card
Bank ATM card with a photograph
CGHS / ECHS / Central Government Health Scheme Card
Certificate of Identity signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted Officer, as per Annexure A.
Proof of Address (PoA): Aadhaar Card issued by the Unique Identification Authority of India (UIDAI)
Passport
Voter ID card
Driving License
Ration Card
Post Office Passbook with address
Property Tax Assessment Order
Allotment letter of accommodation issued by the Central Government or State Government of not more than three years old
Certificate of Address signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councillor or a Gazetted Officer, as per Annexure A.
Employer certificate in original
Identity Card issued by the Central Government or State Government or Public Sector Undertaking
Domicile Certificate issued by the Government
Electricity Bill (not older than three months)
Landline Telephone Bill (not older than three months)
Water Bill (not older than three months)
Gas Connection Bill (not older than three months)
Bank Account Statement (not older than three months)
Depository Account Statement (not older than three months)
Credit Card Statement (not older than three months)
Broadband Connection Bill (not older than three months)
Employer certificate in original
These documents must be submitted along with the PAN card application form and the prescribed fee to the authorized PAN service provider or through the online PAN application portal.

To become a PAN card franchise provider, you typically need to follow these steps:
Research and Understand Requirements: Familiarize yourself with the requirements and procedures for becoming a PAN card franchise provider. This information is usually available on the official website of the authorized agency responsible for issuing PAN cards, such as CSS Ekendra Private Limited.
Submit Application: Submit an application to the authorized agency expressing your interest in becoming a PAN card franchise provider. The application process may vary depending on the agency’s requirements.
Meet Eligibility Criteria: Ensure that you meet the eligibility criteria specified by the authorized agency. This may include factors such as financial stability, infrastructure availability, and adherence to regulatory requirements.
Agreement and Fees: If your application is approved, you will likely need to sign an agreement with the authorized agency and pay any applicable fees or security deposits.
Training: Some agencies may require you to undergo training to understand the PAN card application process, documentation requirements, and other operational aspects.
Setup Infrastructure: Set up the necessary infrastructure to facilitate PAN card applications, including computer systems, internet connectivity, biometric devices (if applicable), and trained staff.
Promotion and Marketing: Promote your PAN card franchise services in your locality to attract customers. This may involve advertising, distributing flyers, or leveraging digital marketing channels.
Compliance and Quality Assurance: Ensure compliance with all regulatory requirements and maintain quality standards in PAN card application processing.
Provide Customer Service: Offer excellent customer service to ensure a smooth and hassle-free experience for applicants. Address any queries or concerns promptly and professionally.
Regular Reporting: Comply with reporting requirements specified by the authorized agency, such as submitting transaction reports and financial statements.
By following these steps and fulfilling the requirements set by the authorized agency, you can establish and operate a PAN card franchise successfully. It’s essential to stay updated with any changes in regulations or procedures related to PAN card issuance to ensure compliance and efficiency in your operations.