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Know Your PAN

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Know Your PAN

PAN, aka, Permanent Account Number is a unique alphanumeric combination. This is issued by the Indian Income Tax Department to all juristic entities identifiable under the Income Tax Act 1961. The issuance of PAN by the Indian Income Tax Department is done under the supervision of the Central Board for Direct Taxes and on a general note, resembles the National Identification Number. This is also considered a very important identity proof. The PAN is unique and permanent and is not at all affected by the change of address, even if the change is from one state to another. So you should Know Your PAN.

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