Your PAN is your identity! Obtain your PAN in no time & avail of all the tax benefits provided by the Government!.
Benefits of the PAN Card
★ IT Returns Filing: All individuals and entities who are eligible for income tax are expected to file their IT RETURNS A PAN card is necessary to fill IT Returns ad is the primary reason, as well as other entities, apply for more.
★ Tax deduction: it is very necessary for a person or entity to get their pan card because, if a PAN card is not linked with a bank account and the annual earning and saving deposits is more than 10,000/- then the bank would deduct 30% TDS instead of 10%.
★ Starting a Business: In process of starting a business a company or any other entity mandatory needs to have a PAN registered in the name of its entity. Tax Registration Number (TRN) is for a business that is obtained only if the entity has a PAN.
★ Identity Proof: PAN card serves a valid identity proof. Other than voter card, adhar card. PAN card is also accepted by all financial institutions and all other organizations as identity proof.