Permanent Account Number Registration
/ What is this form?
PAN (Permanent Account Number) is a 10-character alphanumeric code (format: AAAAA9999A — 5 letters, 4 numbers, 1 letter) issued by India's Income Tax Department to track all financial transactions and tax-related activities of an individual or entity. It functions as a unique tax identifier, similar to the US Social Security Number or the UK National Insurance Number, and is increasingly used as a general-purpose identity number for KYC (Know Your Customer) purposes.
PAN is mandatory for: filing income tax returns; receiving salary above a threshold; opening a bank account; purchasing or selling property above ₹10 lakh; trading in securities; applying for credit cards; and many other financial activities. Since 2019, PAN and Aadhaar have been required to be linked, and failure to link results in the PAN becoming inoperative.
There are two application forms: Form 49A for Indian citizens (including NRIs who are Indian citizens) and Form 49AA for foreign nationals, foreign companies, and entities not incorporated in India. Applications can be made online at NSDL (nsdl.co.in) or UTIITSL (utiitsl.com), or at physical TIN Facilitation Centres. Instant e-PAN is available free at incometax.gov.in using Aadhaar-based verification.
/ Who needs this form?
/ What you need before you start
/ Step-by-step guide
/ Key fields explained
| Field | What to enter | Common mistake |
|---|---|---|
| Full Name | Your full legal name in capital letters — surname first for the application, but PAN card shows first name then last name. Use your name exactly as on Aadhaar to avoid mismatches. | Using a shortened name or nickname instead of your full legal name — any discrepancy between PAN and Aadhaar names causes KYC failures at banks and investment platforms. |
| Status of Applicant | Select from: Individual, Hindu Undivided Family (HUF), Company, Partnership Firm, Trust, etc. Most individuals select 'Individual.' | Selecting 'HUF' instead of 'Individual' — HUF is a specific Hindu law entity. Only apply as HUF if you specifically need a PAN for a Hindu Undivided Family for ancestral property tax purposes. |
| Source of Income | Select applicable categories: salary, business/profession, capital gains, house property, no income. You can select multiple. This is for classification only and does not affect the PAN number. | Not selecting 'no income' if you are a minor, homemaker, or student applying for PAN — leaving it blank causes form rejection. |
/ Common mistakes to avoid
/ Frequently asked questions
Not strictly mandatory for tax purposes if your income is below the basic exemption limit, but practically mandatory for most financial transactions: bank account with NRI links, mutual fund investments, property purchases above ₹10 lakh, and many others.
Apply for a PAN correction/change request online at NSDL or UTIITSL using the 'Changes or Correction in Existing PAN Data' form. Submit with supporting documents. Fee: ₹107 (Indian address) or ₹1,017 (foreign address). Corrections to name, DOB, and photo can be made.
Yes. Foreign nationals earning income in India or transacting in Indian financial markets must obtain a PAN using Form 49AA. Requirements are similar but require passport and foreign address proof.
Format: AAAAA9999A. First 3 letters: assigned by income tax department. 4th letter: P (individual), C (company), H (HUF), F (firm), B (body of individuals), A (AOP), G (government), J (artificial juridical person), L (local authority), T (trust). 5th letter: first letter of surname (for individuals) or first letter of entity name. Next 4: sequential number. Last letter: check character.