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A permanent account number (PAN) is a ten-character alphanumeric identifier Foundational ID, issued in the form of a laminated "PAN card", by the Indian Income Tax Department, to any person who applies for it or to whom the department allots the number without an application. It can also be obtained in the form of a PDF file known as e-PAN from ...
Aadhaar is not intended to replace any existing identity cards, nor does it constitute proof of citizenship. [43] Aadhaar neither confers citizenship nor guarantees rights, benefits, or entitlements. Aadhaar is a random number that never starts with a 0 or 1, and is not loaded with profiling or intelligence that would make it susceptible to ...
Before Aadhaar, the closest India has come to this is the Permanent account number (PAN), issued by the Income Tax Office, for purposes of tracking income and income taxes. It has gained use as a means of identification for activities like getting a phone connection.
List of Identity documents of India. Aadhaar Card, issued by Unique Identification Authority of India. Voter ID Card issued by the Election Commission of India. Indian Passport, issued by Ministry of External Affairs of the Republic of India. PAN Card, issued by the Income Tax Department. Identity documents are used for multiple purposes:
The company also manages the Tax Information Network (TIN) for the Income Tax Department, Government of India. [12] As part of this system, Protean facilitates the issuance of Permanent Account Number (PAN) cards and enables electronic submission of Tax Deducted at Source (TDS) returns, along with assisting banks in uploading tax payment data ...
t. e. The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
The Aadhaar (Targeted Delivery of Financial and other Subsidies, benefits and services) Act, 2016 is a money bill of the Parliament of India. It aims to provide legal backing to the Aadhaar unique identification number project. It was passed on 11 March 2016 by the Lok Sabha. [1]
The Income-tax Act, 1961 is the charging statute of Income Tax in India. It provides for levy, administration, collection and recovery of Income Tax. The Government of India brought a draft statute called the " Direct Taxes Code " intended to replace the Income Tax Act, 1961 and the Wealth Tax Act, 1957. However the bill was later scrapped.