Pan Card in 48 hours
Posted on: 23/Apr/2015 11:34:50 AM - No. of views : (3151)
Those of who do not have PAN cards need now need not worry about it. People need not wait for 15 days. Now government will soon launch a facility under which a PAN card will be issued within 48 hours of applying.
An online facility for issuance of PAN is on the anvil under which an applicant can get a PAN card within 48 hours.
Besides, special camps will be organized throughout the country, including rural areas, to help people get PAN cards.
PAN (Permanent Account Number) is a 10-digit alphanumeric number, issued in the form of a laminated card by the Income Tax Department.
Recently, the Central Board of Direct Taxes (CBDT), the apex policy-making body of the I-T Department, had issued a notification making the Elector`s Photo Identity Card (EPIC) and Aadhaar valid proofs of "date of birth" for obtaining a PAN card.
PAN is required for filing return of income, sale or purchase of any immovable property beyond a certain amount, for buying jewellery and sale or purchase of a motor vehicle, among others.
