what is pan card

A PAN card (Permanent Account Number card) is a government-issued identification card in India that is used primarily for the purpose of paying taxes. It is issued by the Indian Income Tax Department and serves as a proof of identity for individuals, businesses, and organizations in India. The PAN card is a 10-digit alphanumeric identification number that is unique to each cardholder. It is required for a variety of financial transactions, including opening a bank account, applying for a credit card, and buying and selling property. The PAN card is also used as a proof of identity for other purposes, such as applying for a passport or driver’s license.