PAN ( Permanent Account Number )Registration

PAN (Permanent Account Number) is a ten-character alphanumeric code issued by India’s Income Tax Department. It is compulsory for all taxable entities—individuals, businesses, firms, and other organizations—and must be quoted in a variety of financial and tax-related transactions, such as:

* Filing income tax returns
* Opening and operating bank accounts
* Transferring shares or other securities
* Receiving taxable salaries, professional fees, or consultancy charges
* Investing in mutual funds, bonds, or other financial instruments
* Accepting gifts that exceed prescribed monetary limits

By linking one’s financial activities to a unique PAN, the tax authorities can efficiently track and verify transactions and ensure compliance.