Updated on January 28, 2026 08:15:02 AM
Permanent Account Number (PAN) is a unique 10-digit alphanumeric identity allotted by the Income Tax Department. PAN is mandatory for financial transactions such as receiving taxable salary or professional fees, sale or purchase of assets above specified limits, buy mutual funds and many more
Frequently Asked Questions
Any person can obtain PAN. There is no minimum age requirement for obtaining PAN.
A person cannot have 2 PAN cards. It is illegal to have 2 PAN Cards.
Sole Proprietorship does not have separate PAN Card. PAN Card of Proprietor will also serve as PAN Card of proprietorship.
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