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Guide to Applying for a Minor PAN Card: Process and Essential Documents

share-iconThursday, January 02 comment-icon2 weeks ago 4 views
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indiatimesINDIATIMES
Guide to Applying for a Minor PAN Card: Process and Essential Documents

Credited from: INDIATIMES

  • PAN Card Overview: A PAN card is a critical identification number issued by the Income Tax Department of India, used for financial transactions and tax filings.
  • Eligibility: Minors, defined as individuals under 18, can obtain a PAN card managed by a parent or legal guardian to help with educational and financial needs.
  • Application Process: The application can be done online via the NSDL website, requiring details like the minor's birth certificate, proof of residence, and a parent’s ID.
  • Documents Required: Essential documents include proof of age, identity, and address, such as a birth certificate, Aadhaar card, or utility bills.
  • Benefits of a Minor PAN Card: Having a PAN card can facilitate investments, bank accounts, and tax matters, promoting early financial responsibility for minors.

For more details, visit the original article: Times of India.

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