How To Start PAN Card Agency And Become PAN Card Agent
Considering opening a PAN card agency or becoming a PAN card agent? Before starting this business, one has to be familiar with PAN (Permanent Account Number) which is a laminated plastic card consisting of 10 digits alphanumeric number issued by the Income Tax Department and allocated to the PAN cardholder.
PAN card is one of the most significant documents allotted to every taxpayer of the country which is even accepted as identity proof by several Govt. organizations. In this regard, several outlets have been opened in various states across the country to facilitate the PAN application process for the applicants. There used to be the biggest concern of how to fill up the PAN application form and where to submit it. However, the online agents have rendered efficient service to the customers which have made the entire process easy.
You might be inquisitive about knowing the benefits of the PAN card before proceeding further. These benefits will also galvanize you to become a PAN card agent and drive a perfect reason for citizens of India to get a PAN card. One need a PAN card for-
- Purchase and Sale of any immovable property, vehicles, company’s shares, securities, etc
- For filing Income Tax Returns and to claim the tax refund
- Helps in Tax Deduction
- To open a Demat account
- For tax evaluation
- Easy accessibility
- For availing a credit card
- To receive a payment in cash for more than Rs. 50,000
So, starting a PAN card agency is a value-adding proposition in short. All you need is a basic setup which includes, a PC, Document Scanner, Printer, and the Internet.
