In this article, we are going to provide details on How to check pan card status online?. As per the Indian Government, pan card is a Permanent account number for all taxpayers in India and is an important financial document in Indian Law. It serves a reference point to all your financial transaction. PAN card is a very important document as well for a bank account.
#Importance of Pan Card
- Pan Card is mandatory to open any bank account.
- To do any land deal you need Pan card and is a mandatory document
- To open a fixed deposit account you need a pan card
Nowadays to do trading and to buy shares also you need a Pan card and is a mandatory document - To buy any LIC policy also you would require Pan card
- The last point which is the most important point that is to fill in tax details PAN number is mandatory and is of utmost importance.
Basically, to do any financial activity you would need a pan card and is one of the most important documents that everyone should have.
How To Check Pan Card Status Online?
Step By Step Process To Check Newly Generated Pan Card Status
Below is the official link by which you can check pan card Status. Please follow this link to check it.
- You should either enter the acknowledgment number that was generated while applying for PAN Card
- Your personal details (Name and Date of Birth)
- Click on the submit button and you will come to know the status of your Pan card application.
As said above all the financial transaction you do is now monitored by the Income-tax department using this PAN CARD. You can see Form 26 AS to see how this PAN Card helps the Income-tax department and financial institutions to collected tax-related data in a centralized place.
The only problem that the Indian government is facing right now is a person can apply Multiple PAN CARD using the different credential to forge Income Tax department. This has become a common practice and we should not follow as taxes will indirectly benefit us to have a better country. Also, the government is currently working on Aadhar card and once Aadhar card would be rolled out the PAN Card would be Attached to Aadhar card so that the Duplicated PAN will become history. But as a citizen of India, we need to update the correct Pan number everywhere.