Frequently Asked Questions

How can i change photo on PAN card ?

You can have the PAN Card replaced if the photo isn't clear or photocopies are poor. Under 'Correct of PAN Card data request', you can change the photo on a PAN Card. This request can be used to change your …


Can i use PAN card with my father's name on it even after my marriage ?

You can use your PAN Card before marriage and even after marriage. To avoid any future problems, however, it is recommended that you change the card's name. Opening a bank account will require the same name as for your PAN …


Can i go to Income - tax office directly to collect my PAN card ? Mails does not reach timely sometimes due to address problem .

You cannot go to the office personally. It will be available at the address provided in the form from NSDL/UTI. The Income Tax office issues PAN Cards through its authorized Agencies NSDL and UTI. You can check the status of …


If PAN card delivered to my permanent address and i did not collect and it returned , To whom should i contact?

If a Permanent Account Number (PAN) Card is returned undeliverable and the applicant has not received it, the applicant should contact NSDL / UTI to request resending of the PAN Card. Follow these steps: Visit https://www.tin-nsdl.com Visit 'Customer care' Visit …


Is having two PAN cards a problem ?

It is not illegal to throw out any Pan Card with incorrect information. You can also give it to your local Income Tax Office, or mail it to the address on the back of the PAN Card. You should be …


Is this necessary to have a PAN of minor for investment in mutual funds on behalf of minor ? Can the status of Minor's PAN be changed when it attainaing majority ? If Yes ,then what is the steps to change it ?

A PAN Number is a good idea if the Minor has a source of income. While it's not required, it is a requirement for anyone who has a source to earn. You can submit a "Change Request Form" when a …


Reissue of PAN card available If i lost my PAN card ? I have applied for PAN card but i need a photocopy right now.

There is no other way to get your PAN Card reissued. If your PAN Card copy has been submitted to someone previously, you can contact them to see if they still have it.


Can a PAN Card issued to one year old child Or Is there any age limit ?

Yes, a Permanent Account Number ( PAN ) card can be issued to a one-year-old child. There is no age limit.


what do you mean by Securities Transaction tax?

Securities Transaction Tax (STT), is a tax that is imposed on transactions done in stock exchanges. Securities Transaction Tax applies to the purchase or sale equity shares, equity-oriented mutual funds, and equity-oriented mutual funds. The current STT for the buying …


Define a broker.

A broker is an enrolled member of a stock exchange and is allowed to trade equity securities in that exchange. A broker is an enrolled member of the exchange, and is registered with SEBI. A broker, or an intermediary person …


Can a Pan Card be apply in the name of legal successor of late mother?

Permanent Account Number (PAN) Cards can only be applied for in the individual capacity or capability and not as legal heirs.


Does SEBI defined a rule that all the processing must be done in 21 days for IPO?

The maximum time required to list an IPO is 12 business days. However, the SEBI plans to reduce that time limit to 7 business days in the near future.


In Public issue , what is the role of SEBI?

The SEBI have control over the rules, regulations, and working related to public issues in India. Before a company goes public in India, it should obtain approval from SEBI. The lead managers of the issuer company submit the public-issue prospectus …


In India, do all citizens need PAN Card?

A person with yearly income exceeds the basic exemption limit (Rs 2 lakh at present) or any business or institution exceed turnover of Rs 5 lakh is required to obtain a PAN Card number by the Income tax Act in …


Is PAN card required for opening a demat or trading account?

An Indian Income Tax Act (IPA) requires that a person with more than Rs 2 lakh per year or a business or institution with a turnover exceeding Rs 5 lakh be eligible for obtaining PAN card numbers.


How much time it will take if we want to correct the name in the PAN?

The Authority does not specify a time frame. It takes about 15-30 days to rectify PAN data. You can check the status of your request for rectification online by using the acknowledgement number you have received. For corrections/changes in your …


If I'm applying to a PAN Card, and I would like the card to arrive at an address other than the one shown on my passport. Can this be done?

Your PAN Card will reach you at the address you provide on the PAN Card Formula. There is no way to choose a separate mailing address.


Is it possible to make changes in the PAN Card such as Date of birth?

Yes. However, you will need to show proof of any change in your PAN Card along with all documents. You can submit the PAN Card Change Request form online at NSDL or visit NSDL Centers in your area.


Do I need a PAN card if I have to open a salary account in bank?

You will need to have either a PAN Number or Form 60/61 in order to open an account at any Indian bank. Notice that Form 60 must be filled out by anyone who doesn't have a permanent account number or …


Somehow I have received two PAN cards. How to return or close the duplicate one?

Detail: I applied for a Pan Card many days ago. However, I did not receive the card. So I contacted NSDlcenter to apply for a new card. It was delivered in just 8 days. Within a few days, I received …