PAN CARD Full Form In English
The full form of PAN is Permanent Account Number. A PAN card is an important identification document issued by the *Income Tax Department of India*. It consists of a unique 10-character alphanumeric code that serves as an identification number for individuals and entities involved in financial transactions. The main purpose of a PAN card is to track financial activities, prevent tax evasion, and ensure transparency in monetary dealings. It is required for activities such as filing income tax returns, opening a bank account, purchasing property, or conducting high-value financial transactions.
PAN CARD Full Form In Hindi
PAN का पूरा नाम Permanent Account Number (स्थायी खाता संख्या) है। यह एक महत्वपूर्ण पहचान पत्र है जिसे भारत के आयकर विभाग द्वारा जारी किया जाता है। पैन कार्ड में 10 अंकों का एक विशिष्ट अल्फ़ान्यूमेरिक कोड होता है, जो व्यक्ति या संस्था की वित्तीय लेनदेन की पहचान के लिए उपयोग किया जाता है। इसका मुख्य उद्देश्य कर चोरी को रोकना, वित्तीय पारदर्शिता बनाए रखना और सभी वित्तीय गतिविधियों को ट्रैक करना है। पैन कार्ड की आवश्यकता आयकर रिटर्न भरने, बैंक खाता खोलने, संपत्ति खरीदने और अन्य बड़े वित्तीय लेनदेन में होती है।
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Frequently Asked Questions
What is the full form of pan card?
The full form of pan card is permanent account number.
Who issues the pan card in india?
The pan card is issued by the income tax department of india.
Why is a pan card important?
A pan card is important for tracking financial transactions, preventing tax evasion, and maintaining transparency.
Can a person have more than one pan card?
No, a person is allowed to have only one pan card under the law.
Is pan card mandatory for bank account opening?
Yes, a pan card is mandatory for opening a bank account and other major financial activities,
Conclusion
In conclusion, a PAN card is an essential financial document for every individual and organization in India. It not only serves as a valid identity proof but also helps the government monitor financial transactions and prevent tax-related fraud. Having a PAN card ensures smooth financial operations and compliance with the country’s tax regulations.
