Category Archives: Updates

7 Unique Ways to Save Tax Legally – Pan Card Status

7 Unique Ways to Save Tax Legally: Are you worried about paying Income Tax? Do you want to save more money and pay less Tax? Then for whom you are waiting, in this article, I will provide you 7 Unique ways to Save Tax Legally. As we all know that, Income Tax act allows some kind of deductions for all the classes of Taxpayers at the time of filing the Income Tax Return.

You can Check Your Pan Card Status, Apply for Pan Card and do correction on it from here PAN CARD CORRECTION.

7 Unique Ways to Save Tax Legally

Tax Planning

In order to Save Tax using deductions, the Taxpayer should have proper planning for that year. If you have done a proper Tax Planning for the year and if all the deductions fall under the Income Tax Act then that income will be deducted from the Gross Total Income and Income Tax will be charged on the rest of the Income according to the Income Tax slabs in Force.

You can verify your Pan from here. ONLINE PAN VERIFICATION.

7 Unique Ways to Save Tax Legally

7 Unique Ways to Save Tax Legally

Tax Deductions

Here is the list of Documents required for PAN Card.

1. Tax Planning through Home Loan

If the Taxpayer has taken a Home Loan then he/she can avail some of the benefits with respect to Tax Deduction. Detailed information is available below:

Section 80C: Here you will get a deduction on the repayment of the principal amount of the home loan taken. Under Section 80C, there are several numbers of policies and standards under which if you invest then you will receive a Tax Deduction of 150000 Rs. Under Section 80C, the investment plans comprise PPF account, Mutual Funds, Provident Fund, Life Insurance Policies, etc. Here Deduction will be provided based on the money spent for different investments. Also, the deduction will only be applicable on payment basis.

Section 24: Under this section, you are allowed to avail the deduction based on the principal amount of the home loan taken. The Maximum Deduction that is provided under Section 24 is Rs 2 Lakh on a self-Occupied property. Also, there are certain cases where there is no limit of availing the deduction for payment of interest on home loan.

Section 80EE: Under this section, you can avail extra deduction of Rs 50,000 for interest in the Home Loan. Here you will receive this extra deduction on and above Rs 2,00,000 under section 24 and Rs 1,50,000 under section 80C.

2. Invest your Gifted Money in a Tax-Free Instrument

Here, you can transfer your money to your spouse and non-working child and invest that money in a tax-free instrument such as ELSS, PPF & VPF, NPS, ULIPS, etc. Here, all the gift tax rules are not applicable on any of such relations.

3. By making Investment in various Funds, Donations, and Charity Setup organizations

In order to avail the deduction under the Section 80G, you will receive 100% deduction on the donation done for various purposes while in some cases you will receive 50% deduction on the donation made for several purposes.

Various Funds included under 80G include National illness assistance fund, National cultural fund, Fund for technology development and Application set up by the central govt, National foundation for communal Harmony, Indira Gandhi Memorial Fund, National Children’s fund.

Here you can only claim the deduction made using a cheque or a draft or in cash. If the donations are made using cash than you can claim only 10,000 Rs via deduction. Also, for all donations such as food material, clothes, medicines, etc are not applicable for deduction under the section 80G.

7 Unique Ways to Save Tax Legally

Save Income Tax

You May Like: Difference Between NSDL and UTI

4. By taking Educational Loan

When you pick the Educational Loan for yourself or for your spouse or your children you will get the deduction under the section 80E. Here you will get the deduction on the interest paid on the Educational Loan. Keep in mind, you will only receive the deduction on the Interest part of the EMI and not on the principal amount of EMI.

5. Claiming Medical Expenses

Income Tax on the basis of various provisions and sections provides deductions mainly on the basis of expenditure that is obtained by medical expenses of a taxpayer, his wife or any relatives as mentioned. All of these deductions are included in the Sections 80D, 80DD, and 80DDB.

Under section 80D, deductions are available for self, spouse and the children. While under section 80DD, the deduction is provided for medical treatment of handicapped dependants who suffers from a disability and under section 80DDB, the deduction is claimed for specific diseases.

6. Long Term Capital Gain from the sale of Equity Shares

In order to Encourage the common public to invest in various Mutual Funds and Equity Shares, the government has released the Income Tax for all the people who hold the shares for more than a year. If the shares are held less than a year than the person will be charged 15% Income Tax.

7. Tax Deduction under section 80CCG

If your Annual Income is less than 12 Lakh p.a. then you can get an extra deduction under the Section 80CCG when you invest in specific Mutual Funds and several stated companies. Under this Section Maximum Deduction of Rs 25,000 per year is available. Here you will receive a deduction under the Rajiv Gandhi Equity Saving Scheme.

Under this Section, the deduction is only available to certain investors only.

By following these 7 Unique ways to Save Tax Legally you will save a lot of Income Tax.

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If you want to get PAN and TAN within a single day then go with here. PAN and TAN numbers in just one day

Online PAN Verification by PANOnline PAN Verification by PAN

Online PAN Verification by PAN No

Online PAN Verification by PAN No: So as we all know about, Pan Card and It’s Importance in our Routine Life. So it is also important to do Pan Card Verification after getting it. Recently we have published step by step Guideline on, Online PAN Verification by Name, Here in this article, we will provide you steps for Online PAN Verification by PAN No.

Online PAN Verification by PAN No

Online PAN Verification by PAN No

If you haven’t yet applied for the PAN Card, then you can Apply for the PAN Card Application by following your Step-by-Step procedure. After which, you can check your PAN Card Status in order to track the status of your PAN Card. You will receive PAN within 15-20 days of its application.

Online PAN Verification by PAN No

As soon as you receive your PAN Card you can Verify your PAN Card online using your PAN. You should verify your PAN in order to check whether the Information on your PAN card matches with the IT Department Database.

How to Verify PAN Card using PAN(Online PAN Verification by PAN)?

Follow the step-by-step procedure to do Online PAN Verification by PAN:

Online PAN Verification by PAN

1. First and the Foremost, head over to the Income Tax online e-Filling Website.
2. Then Click on “Login”, enter your Login Credentials and then enter the Captcha code and click on submit.
3. Now go to the “Know your Jurisdiction” provided under the services tab.
4. Now you have to Enter your PAN Number as mentioned in your PAN Card.
5. Finally, Enter the Captcha code as shown in the image and then submit.

Please be sure that the data you enter is correct as per your knowledge as we are verifying PAN. Within a couple of minutes, you will be able to see the results as shown in image below:

Online PAN Verification by PAN

Essential Points to Remember:

  • The Website contains some errors. If you do not click twice on the Submit button, your session can Expire. In such case, just reload the page again.
  • If you remain inactive on the site for more than 15 minutes, then your session will expire and you will not be able to submit the form. To solve this error, reload your page again.
  • Please don’t Enter your PAN information on any other site, expect it’s original site as mentioned above. As this might be not good for you.

In the case of any Emergency, you can Know your PAN by following our step-by-step procedure.

If you find this information helpful, then share it with your Family and Friends.

Online PAN Verification by Name {Pan Card Verification}*

Online PAN Verification by Name: Pan Card Verification is the first process once we get the Pan Card in our Hand. So there is two Way to Verify Your Pan Card Online. One of them are Pan Card Verification By PAN Number and the Second one is Pan Card Verification By Date of Birth & Name. Here in this article, we will provide you steps to do Online PAN Verification by Name and Date of Birth.

Online PAN Verification by Name

For all the people, you haven’t yet applied for PAN Card, can Apply for PAN Card Application by following our guide. Later on, all the people can check the PAN Card Status.

Online PAN Verification by Name

When you receive your PAN Card, you should verify your PAN card online in order to check the information on your PAN Card matches with the IT Department database.

How to Verify PAN Card(Online PAN Verification by Name)?

Step-by-Step procedure to do Online PAN Verification by Name is given below:

1. First and the Foremost, open the Official Income Tax e-Filling Website.You will be able to view the form as shown in the image below:

Online PAN Verification by Name

2. Enter your Login Credentials and then Enter Captcha code as shown in the image.

3. Now you have to click on the “Know your PAN” provided under the Services section. You will be able to view the form as shown in the image below:

Online PAN Verification by Name

4. Now you have to fill the form.

  • Date of Birth: You have to compulsory Enter the Date of Birth in the DD/MM/YYYY format. For instance, let’s consider my birthday is on 01/10/1995. You can either Enter the Date Manually or you can select from the Calendar app.
  • Surname, Middle Name, and First Name: Enter your Surname, Middle Name and Last Name in the respective fields.
  • Captcha Code: Enter the code as shown in the image.

Finally, you have to then click on the Submit Button twice. Now, within a couple of minutes you will be able to view the result as shown in the image below:

Essential Points to Remember:

  • You should not be inactive for more than 15 minutes, or else your Session will Expire. To solve this, reload your page.
  • Please Don’t Enter your PAN Card Information on any other site except the site that is mentioned above. Otherwise, it might harm you.

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Difference Between NSDL and UTI

Difference Between NSDL and UTI

What are NSDL and UTI? What is the difference between them? I know you have heard the Word NSDL and UTI many times when you apply for PAN. But, do you know the difference between them? We know, many of you don’t know the difference between them. So we collected the information and made an article for you. Difference Between NSDL and UTI is available below:

Difference Between NSDL and UTI

Difference Between NSDL and UTI

First and the foremost, let’s begin with NSDL.

NSDL (National Securities Depository Limited)

National Securities Depository Limited is an Indian central securities depository which is established way back in 1996 in Mumbai.

NSDL provides various kinds of PAN Card Services such as Application of PAN Card, PAN Card Correction, and doorstep delivery of PAN Card, etc.

NSDL takes approximately 7 days for the Allotment of PAN. They will deliver PAN card at your location within a period of 15-20 days. You can easily apply for PAN Card Application on NSDL Website by filling the form and paying the minimum processing fees, i.e. Rs 107.

You can also apply for Re-issue for the PAN Card Online on NSDL, the processing fees for that service is same as applying for PAN. You can pay online using Credit/ Debit Card or Net Banking.

Now, let’s head over to UTI or UTIITSL.

UTI Infrastructure Technology and Services Limited (UTIISL)

UTI Infrastructure Technology and Services Limited is started way back in 1993 and it is the biggest Financial Services company located in the Country.

It provides the same PAN Card Services as NSDL, like PAN Card Application, PAN Card Correction, Checks PAN Card Status, and doorstep delivery of PAN Card. PAN will be allotted within 7-10 days of its application. PAN Card will be delivered within 15-20 days of its application.

UTI Charges minimum processing fees of Rs 107 for Application, Correction, and Re-issue of the PAN Card. You can pay using your Credit/ Debit card or Net Banking.

Conclusion

Both NSDL and UTI provides great service. Both the companies provides Online as well as Offline Service. You can apply for PAN Card visiting any of the Company’s office situated near your home. Both the company take same processing time for application of PAN Card.

As per certain reports, We have found that NSDL provides better PAN Card Quality as compared to UTI.

Thus, both the companies are providing the best PAN Card Services, You can go with anyone, as per your views.

So, these were the Difference between NSDL and UTI. We hope this article is helpful to you, if so then share it with your family and friends.

Documents required for PAN Card

Documents required for PAN Card: PAN Card is useful for various purposes such as to get a taxable salary, open a new bank account, Start a new business, etc. It is also required when you make any transaction of Rs 50,000 or more. So if you have still don’t apply for PAN Card, then you should apply it now. But, before applying for PAN Card, you should know, what kind of essential documents will be required. Moreover, when we apply for any government issued proof, we require various proofs. Similarly, there are various Documents required for PAN Card.

Documents required for PAN Card

Documents required for PAN Card

Documents required for PAN Card

PAN is required for both Indians as well as Foreigners. One can apply for PAN Card Online as well as Offline. You have to submit certain documents when you apply for new PAN Card Application or when you apply for PAN Card correction. There are total two forms, 49A and 49AA. Here, 49A form is applicable to all Indian Citizens while 49AA is applicable to all foreigners.

In order to apply for PAN Card, Documents required for different persons are different. We will provide you with details which documents are required by which entities.

Documents required for PAN Application by Indian Citizen (Individual)

List of Documents required by Indian Citizen who is an Individual are given below:

Proof of Identity(Copy of) to apply for PAN Card who is an Indian Citizen(Individual)

You can submit a copy of any one of the documents from the list given below:

  • Aadhar Card issued by UIDAI
  • Election Card
  • Driving License
  • Passport
  • Central Government Health Scheme Card.
  • Ration Card along with the photograph of the applicant.
  • Photo Identity card which is issued by central government, state government or any other public sector undertaking.
  • Pensioner card along with the Photograph of the Applicant.
  • Certificate of identity in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Counsellor or a Gazetted Officer.
  • Original Bank Certificate on Letterhead along with confirmed photograph and bank account of the application.

Proof of Address (Copy of) required to Apply for PAN card by Individual Indian Citizen

You can submit the copy of any one document from the list of documents given below:

  • Aadhar Card issued by UIDAI
  • Electricity Bill(not less than 3 months old)
  • Broadband Connection bill(not less than 3 months old)
  • Bank Account Statement(not less than 3 months old)
  • Driving Licence
  • Election card
  • Passport
  • Passport of the spouse
  • Post office Passbook consisting of Address of Applicant.
  • Water bill(not less than 3 months old)
  • Gas Connection card
  • Credit card statement(not less than 3 months old)
  • Domicile Certificate issued by the Government
  •  Latest order of the property tax assessment.

Proof of Date of Birth (required) required by an Individual Indian Citizen

You can submit copy anyone of the documents when you apply for PAN Card:

  • Passport
  • Driving License
  • Birth Certificate
  • Aadhar Card
  • Election card
  • Central Government Health Scheme Card
  • Photo identity card issued by the Central Government or a state
  • Government or a Public Sector Undertaking
  • Pension Payment Order
  • Marriage Certificate issued by the registrar of marriages
  • Matriculation certificate
  • Domicile certificate
  • Affidavit sworn before a magistrate stating the date of birth.

Documents required for PAN Application by Foreigner

In some of the conditions, even a Foreigner require PAN for himself/herself. All the important documents required in such case are listed below:

Proof of Identity required by a Foreigner

You have to submit of any one of the following document as a proof of Identity.

  • Copy of Passport
  • Copy of Person of Indian Origin card issued by the Indian Government
  • A copy of Overseas citizenship of India card issued by Government of India.
  • A copy of other national or citizenship Identification Number or Taxpayer Identification Number duly attested by “Apostille” or Indian Embassy or High Commission or Consulate in the country where the PAN candidate is located.

Proof of Address required by a Foreigner

You have to submit a copy of any one of the following documents from the list:

  • Copy of passport
  • Copy of Person of Indian Origin card issued by Government of India
  • Copy of overseas citizenship of India card issued by Government of India
  • Copy of other national or citizenship Identification Number or Taxpayer Identification Number duly attested by Apostille or by Indian Embassy or High Commission or Consulate in the country where the PAN candidate is situated
  • Copy of Bank account statement in the country of residence
  • Copy of Non-resident External (NRE) bank account statement in India
  • Copy of Certificate of Residence in India or Residential permit issued by the State Police Authorities
  • Copy of Registration certificate provided by the Foreigner’s
    Registration Office showing Indian address
  • Copy of Visa granted by the foreign country and/or copy of appointment letter provided by an Indian company and original certificate of Indian Address issued by employer

Documents required by a Hindu Undivided Family(HUF) for PAN Application

HUF is primarily a unit which consists of joint business in which the family business is being shared between the family members. This type of unit is required because income is shared between the individuals so the income tax is assigned to the whole unit. For HUF, only a single PAN is been shared between the whole unit. Here the some of the documents are to be submitted in order to apply for PAN. All the Hindu Undivided Families have to appoint a Karta who will take care of all the official protocols on behalf of HUF. The Documents required by HUF are all same as Citizen of India.

In addition to that, they have to submit some additional documents
– A statement which is being signed by the Karta of the HUF starting with the name, father’s name, and address of all the HUF members.
– Submit any one copy of the list of documents of the member who has taken the responsibility of Karta in HUF.

Documents required for PAN Application by a Company

Document required by a Registered Indian Company for PAN Application.

Documents required by any registered company of India for PAN Application are too low. Here, the company doesn’t need to submit any kind of proof of address or identity. You have to submit following list of document:

  • Copy of Certificate of Registration issued by the Registrar of Companies

Documents required for Application of PAN by a Company listed outside of India.

You have to submit following list of documents:

  • Certificate of Residence copy issued by the country of residence, duly attested by the Apostille or by Indian Embassy or High Commission or Consulate in the country
  • Copy of Registration Certificate issued in India or copy of approval granted to set up company in India by Indian authorities

Documents required for PAN Application by a Firm

Documents required for PAN Application by a firm(contains Limited Liability Partnership) registered and formed in India

An LLP is a term where all the partners have limited duties and no person is responsible for any misconduct or negligence of other partners. Anyone of the following document is required for PAN Application

  • Copy of Registration Certificate issued by the Registrar of Limited Liability Partnerships
  • Copy of partnership deed

Documents required for Firm application by a Firm situated outside in India.

Any one of the following documents needs to be submitted in order to apply for PAN Card.

  • Certificate of Residence copy issued by the country of residence, duly attested by the Apostille or by Indian Embassy or High Commission or Consulate in the country
  • Copy of Registration Certificate issued in India or copy of approval granted to set up the firm in India by Indian authorities

Documents required by a Limited Liability Partnership Registered outside India

Following documents are required:

  • Certificate of Residence copy issued by the country of residence, duly attested by the Apostille or by Indian Embassy or High Commission or Consulate in the country
  • Copy of Registration Certificate issued in India or copy of approval granted to set up LLP in India by Indian authorities

Documents required for PAN Application by Trust

A Trust is basically formed by a group of persons and is approved to hold the property on the part of beneficiary or beneficiaries. Trust can be formed based on certain criteria and strategies. Following documents are needed to be submitted by Trust in order to apply for PAN.

  • Copy of Certificate of Registration Number issued by Charity Commissioner
  • Copy of deed of Trust

Documents required for PAN Application by a Trust formed outside India

  • Certificate of Residence copy issued by the country of residence, duly attested by the Apostille or by Indian Embassy or High Commission or Consulate in the country
  • Copy of Registration Certificate issued in India or copy of approval granted to set up the trust in India by Indian authorities

Documents required for a PAN Application by Association of Persons (separate from trusts)

Documents required for PAN Application by Association of Persons registered in India

Following are the essential documents required by the Associations of Persons in India

  • Copy of Agreement
  • Copy of Certificate of Registration Number issued by
    Charity Commissioner or Registrar of Co-operative Society or
    any other Competent Authority
  • Any other document originating from any Central Government or State Government Department establishing Identity and address of such person.

Documents required for PAN Application by Associations of Persons registered outside India

Following essential documents are required for PAN Application by Associations of Trust outside India

  • Certificate of Residence copy issued by the country of residence, duly attested by the Apostille or by Indian Embassy or High Commission or Consulate in the country
  • A copy of Registration Certificate issued in India or copy of approval granted to set up the entity in India by Indian authorities.

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Do Check our post on, How to Know your PAN (NSDL)Apply for NSDL/UTI PAN Card Application Form and PAN Card Correction Form.

Know your PAN

How to Know your PAN (NSDL)?

How to Know your PAN: How can you Know your PAN when you don’t have it with you? This thing bothers you many times, but you know you can check your PAN Card status online. During that time, you can Know your PAN using the same process as you check the status of your PAN. In this article, we provide you step by step procedure to Know your PAN Online. If you want to correct some information in Existing Pan Card then go with PAN Card Correction Form.

Know your PAN

You can Check PAN Card Status online on two websites, NSDL and UTI. Procedure to check PAN card Status on both websites is given below:

How to Know your PAN?

You can check your PAN Card Online on two websites, mainly,
NSDL and UTI.

Know your PAN on NSDL

Follow the steps as given below to Know your PAN:

  1. First and the foremost, visit the NSDL PAN tracking page and then select the Application Type. You will be able to the web page as shown in the image below:

    Know your PAN

    Know your PAN on NSDL

  2. Then Enter your Last name, First name and Middle name in the individual fields.
  3. If you have Acknowledge Number then Enter it or else Select your Date of Birth from the Drop Down Menu.
  4. Now Click on Submit and within a couple of minutes, you will be able to view the Status of your PAN.

If it is delivered, you will be able to view the status of the Delivery along with your PAN. It will also display the Acknowledgement Number. The image will appear as shown below:

Know your PAN

Know your PAN Card Status

Know your PAN on UTI

Follow the simple steps to given below to check the status of your PAN:

  1. First of all, visit the Official UTI PAN card Status page.
  2. Now, Enter your Application Coupon Number and then click on Submit. It will show you the status of your PAN within a Couple of minutes.
Know your PAN

PAN Card Status through UTI

There is also a third way by which you can Know your PAN, by visiting the Income Tax Website.

Know your PAN on Income Tax Official Website

This Approach is slighting longer as compared to previous two. When you Know your PAN in this way, you will not only get details about PAN but also, you will be able to view various other details as well.

Follow the simple steps as given below:

  1. First of all, Visit the Official Income Tax e-Filling Website and then Register yourself.
  2. Enter all the details as you are asked in the form and click on “Submit”.
  3. Now, you will receive an activation link on your registered email address.
  4. Simply click on that link to activate your Account.
  5. Now, Login to your Income Tax e-Filling website.
  6. Go to your Profile Settings and click “My Account”.
    You will be able to view all the details in your Account as below:
    – PAN
    – Name of Assessee
    – Date of Birth
    – Gender
    – Status
    – Address of Assessee
    – In the other tab, you can also view your Address and Contact details.

By following this step-by-step procedure you will be able to Know your PAN within a couple of minutes.

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We have written an article on, How to Get PAN and TAN number within a single day. check here, PAN and TAN numbers in just one day

PAN Card Correction

PAN Card Correction Form {PAN Correction Online Form}*

PAN Card Correction Form: PAN Card acts as a Proof of Identity for all the Citizens who pay tax. Due to some reason, you need to change the information on your PAN Card. It happens when you need to change information about you in your PAN Card. Here, we will provide you step by step procedure to make PAN Card Correction.

PAN Card Correction

PAN Card Correction

If you are married and want to change the information on your PAN card and then you should possess the marriage certificate. Marriage Certificate is required as the legal proof of the marriage. That’s why it’s important in this case.

How to apply for PAN Card Correction?

To make corrections in your PAN Card, you have to follow the same process as the application of PAN Card on NSDL or UTI Website. So, below is the step by step procedure to make PAN card corrections on the NSDL and UTI website.

1. NSDL PAN Card correction[Link]

To apply on NSDL, first of all, you have to select the type of applicant and then click on select, then you will be redirected to the PAN Card correction form.

2. UTI PAN Card Correction[Link]

As you, as you click on the link, you will get the PAN Card correction form immediately.

Before you start to fill the PAN Card Correction form, you should have the important documents handy with you. They are as follows:

Valid Identity Proof: Here, you have to upload a valid identification proof of yourself. You can upload proof such as marriage certificate, driver’s license, passport, Election card, Aadhar Card, etc.

Current PAN: In order to apply for correction of your PAN card, you should know your current PAN. In case, if you don’t remember your Current PAN, or it’s not handy with you, then you should follow the procedure as shown below:

– First of visit the Official NSDL Website, then enter your login credentials.
– Next, Enter essential details such as Last Name, First Name, and Middle Name.
– Enter your Date of Birth and then click on Submit.

PAN Card Status

PAN Card Status through NSDL

You will be able to see the status of your PAN card, along with the PAN.

After filling all the details in Correction form, click on Submit button at the button of the page. Lastly, you have to pay the correction fees of RS 107, you can pay this amount using your Debit card, Credit Card, check or Net Banking.

PAN Card Correction Offline

If you want to apply Offline, you can download the PDF of the Correction form, fill all the essential details such as valid identity proof, passport size photograph, etc and submit your PAN Card to any PAN Card agency. Offline PAN Card Correction is the safest mode of correction.

You will receive your updated PAN Card within 45 days. Usually, it is delivered within 30 days.

If you want to track the status on the PAN Card, then you can easily track PAN Card Status.

If you liked the information available in this guide, then share this with your friends.

Online PAN Verification

Online PAN Verification: PAN stands for Permanent Account Number, which is essential for all the Citizens of India who pay tax. PAN is a 10-digit unique Identification Number provided by Income Tax Department. As per the new rules, whether you are Citizen of India or not, you require a PAN card for every transaction above Rs 50,000. So In this post, We are going to share the Step By Step Guideline on How to Verify your PAN Card online.

Online PAN Verification

Online PAN Verification

Once you have received your PAN, your PAN doesn’t change for the whole lifetime, while you can update/ correct information on the PAN Card.

Why should you Verify PAN Number?

After you receive PAN Card, you have to verify your PAN in order to check whether the Information on your PAN matches with the IT Department Database. If it’s not same, then you have to correct the information in your PAN with the help of PAN Card Correction form.

How can I verify my PAN Number?

There are mainly two ways in which you can verify PAN Number.

  • PAN Card Verification through PAN
  • PAN Card Verification by Name

Follow the step by step procedure to perform Online PAN Verification.

1. PAN Card Verification through PAN

  • First of all, Open the official website of Income Tax Department.
  • Click on Login, Enter UserID and Password, and then the code as shown in the image.
  • Then Click on Know your Jurisdiction option available under the services Tab.
  • Then Enter your Permanent Account Number or PAN.
  • Finally, enter the captcha code as shown in the image and then click on submit.

If the information given by you matches with the IT database, then you will see your Full name, Jurisdiction, AO Code, Jurisdiction, PAN, etc. If it’s not correct, then fill the form again, it will work.

2. PAN Card Verification through Name

  • Firstly, open the official IT Dept website.
  • Click on login and enter login credentials and captcha code then click on Login.
  • Now, click on Know your PAN provided under the services section.
  • Enter your Surname/ Lastname, Middle name, and First name.
  • Enter the Captcha code as shown in the image to prove that you are human.
  • Finally, click on submit.

Bulk PAN Verification

This Facility is only available for the Government and Non-Government Agencies.

Follow the steps given below to perform Bulk PAN Verification:

  • First of all, visit the official website of IT Department.
  • Now, log in with your Account.
  • Then Click on “Bulk PAN Verification Query” and then click on “Upload Bulk PAN Query”.
  • Next, you have to upload the file in Specific format and then click on submit.
  • As soon as you click on Submit, a submission token will be generated.
  • Finally, you will be able to know the status of your PAN.

So, by following the above procedure you can easily verify your PAN Card Online.

PAN and TAN numbers in just one day

PAN and TAN numbers in just one day

PAN and TAN numbers in just one day: PAN Stands for Permanent Account Number which acts as Identity for all the Indian Citizens who pay Tax. PAN is a 10-digit alphanumeric code which can be issued by each and every citizen of India. It is helpful for various purposes such as to open a new bank account, receive a taxable salary, etc. PAN is also necessary when you setup a new business. TAN stands for Tax Deduction and Collection Account Number. Now Get PAN and TAN numbers in just one day.

PAN and TAN numbers in just one day

In order to increase the comfort of doing business for new incorporates, Central Board of Direct Taxes (CBDT) is merged with Ministry of Corporate Affairs (MCA) to provide PAN and TAN numbers in one Day.

PAN and TAN numbers in just one day

As per the current data, more than 19,700 companies were allocated PAN Card in this manner till march 31, 2017. In March 2017, to the 10,894 incorporated companies, PAN was allocated within 4 hours in 95.63 % of Cases and within one day to all the cases. Likewise, TAN was allocated to all the companies within 4 hours to 94.7 % cases and within one day in 99.73 % cases.

“Applicant companies can submit a common application form SPICe (INC 32) on the corporate affairs ministry portal (CMA) and once the data of incorporation is sent to Central Board of Direct Taxes (CBDT) by MCA, the PAN and TAN will be issued immediately without any further intervention of the applicant”, said the Ministry of Finance on April 11.

Secondly, CBDT has also started the Electronic PAN card facility. In this facility, PAN is sent by Email, in addition to issuing the Physical PAN Card.

By introducing this new system, the government wants to make the entire registration process easier. Also, it wants to decrease the number of registrations required and time taken to grant the registration number(PAN, TIN, CIN).

This new initiative is started to constantly enhance the ranking of India in the ease of doing the business study of the world bank. Due to this, there will be a decrease in the number of steps of registration for companies. Also, they can easily set up a new business.

As per the analysis of 2017, India ranked 155 in setting a business. India has fallen down to 4 places as per 2016.