PAN (Permanent Account Number) is a unique identification number assigned to all the taxpayers in India. It is a 10 digit alphanumeric number in the form of a card, issued by the Income Tax Department in India.
The main purpose of PAN Card is to link all the transaction of the person or a company with the income tax department. PAN Card is issued to anyone who pays taxes in India including individuals, companies, non-residents, etc. No two taxpaying entities can have the same PAN Number.
What is a PAN Card?
Why it is mandatory to have a PAN Card?
- To pay Tax to the government
- Sale or Purchase of a vehicle
- Opening a bank account
- To apply for credit or debit card
- Sale or purchase of goods or services for an amount exceeding Rs. 2 Lakh per transaction.
- High Value Transactions
- Driving License for motor driving
- Passport for foreign travel
To perform the above mentioned actions, you must have a PAN Card with you. It is mandatory to have a PAN Card on return of income, for all correspondence with any income tax authority and for any payments due to Income Tax Department.
How to Apply for PAN CARD?
We provide software which enable UTI and NSDL PAN Card service for all registered PAN Card agents to your business PAN Card panel.
We follow two processes to apply for the customer’s PAN Card –
UTI Pancard :-
This is an online process which is a coupon based system, offering PAN Card application by login into PSA. The coupon is provided by Ezulix to the agents so that they can apply for their customer’s PAN Card through coupon.
Agents can apply for PAN Card directly with KYC. Physical cards are provided by the government in this process.
The process for applying for a customer’s PAN Card is as follows –
- Get yourself register as PSA
- Apply for the PSA activation
- After activation, register your outlet
- Login in panel
- Complete the KYC Process
- Apply for PSA registration and you will get credentials for UTI Login
- Buy PAN Coupon
- Login in UTI and use the purchased token to apply for customer’s PAN Card.
Nsdl Pancard :-
This is a manual process in which agent can apply for the customer’s PAN Card through a form, which is filled by the customer. The form and required documents are scanned and agents send them along with the form, to Admin.
A PAAM Id provided by the government is necessary to apply for the PAN Card. Further Admin send those documents and form to the government. Customer gets the PAN Card in e-card form by the government.
While using the Ezulix’s PAN Card software, you can earn attractive income on every application. This is good source of income for the agents and is a easy process.
For customers, it is a hassle-free process, just visit the nearest PAN Card agency and apply for the same.
Documents required for PAN Card Application
A customer needs to submit the required documents along with the PAN Card application form. The documents are scanned by the agent to send it further. The documents include
- 2 recent passport size color photographs
- Proof of ID
- Permanent Address
- Date of Birth
- Applicable Fee
In case of re-issue of PAN Card, a photocopy of the old PAN Card is also required. It usually takes 8-10 days to receive the card.
PAN Card is mandatory for all the tax payers in India and it is an easy process to apply for PAN Card through an agent.
Our software is fully customized with advance features to provide you hassle-free service.
Conclusion :-
If you are planning to start your own PAN Card business than you are at a right path. We all know that PAN Card is mandatory in India so it is a long term business.
Ezulix provides you fully customized software that enables you to serve your customers along with high income.
Give a kick start to your PAN Card business with Ezulix and we will give you support till the end. Contact us now and Apply for a FREE LIVE DEMO.
