Sole Proprietorship
A PAN (Permanent Account Number) card is a unique 10-digit alphanumeric identification number issued by the Income Tax Department of India to individuals, companies, and other entities. PAN card is mandatory for various financial transactions such as opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits.
The main uses of PAN card are:
Tax Filing: PAN card is mandatory for filing income tax returns and for other tax-related transactions.
Financial Transactions: PAN card is mandatory for opening a bank account, receiving taxable salary or professional fees, sale or purchase of assets above specified limits, and other financial transactions.
Obtaining Credit: PAN card is required for obtaining credit from banks and other financial institutions, such as a loan or credit card.
Investment: PAN card is mandatory for making investments in shares, mutual funds, fixed deposits, and other financial instruments.
Obtaining licenses: PAN card is required for obtaining licenses for certain businesses or professions.
Government Transactions: PAN card is required for various government transactions such as registering property, obtaining a passport, and others.
GST (Goods and Services Tax) registration: PAN card is mandatory for GST registration and for other GST-related transactions.
At Neelsaj we provide following services Relating to PAN card: -
- PAN card application - for individuals, companies, and other entities who need to obtain a new PAN card
- PAN card correction/updation - for individuals who need to make changes to their existing PAN card such as name change, address change, etc.
- PAN card re-issue - for individuals who need to obtain a new PAN card due to loss or damage of the original card