I have lost my PAN card and I also forgot my PAN number. What is the procedure to reissue a PAN card?

If you have lost your PAN card and have forgotten your PAN number, you can apply for a reissue of your PAN card. The procedure for reissuing a PAN card is similar to the procedure for applying for a new PAN card.

Here are the steps you can follow to reissue a PAN card:

  1. Visit the official website of the Income Tax Department of India
  2. Click on the “Services” tab, and then select “Apply for PAN” under the “PAN” section.
  3. Select “Reprint of PAN card” as the category of application.
  4. Fill in the online application form with the necessary details such as your personal information, contact information, and proof of identity and address.
  5. Upload the required documents such as your passport-sized photograph and proof of identity and address.
  6. Pay the necessary fee for the application.
  7. Submit the application and note down the acknowledgement number generated.
  8. Track the status of your application on the website using the acknowledgement number.
  9. Once your application is approved, you will receive the new PAN card at the address mentioned in the application form.

It’s worth noting that, you can also apply for PAN card re-issuance by visiting the nearest UTIITSL or NSDL centre.

It’s also worth noting that, if you have lost your PAN card, it is advisable to immediately inform the bank where you hold an account, and also inform the IT department to avoid any misuse.

How do I open a savings account without a PAN card?

In India, it is mandatory to have a PAN card to open a savings bank account as per the regulations set by the Reserve Bank of India (RBI) and the Income Tax Department of India.

The PAN card serves as proof of identity and proof of address for the account holder and is also linked to the account holder’s income tax records.

However, there are some alternative documents that can be used in place of a PAN card to open a savings bank account. These include:

  • Aadhaar card: The Aadhaar card, issued by the Unique Identification Authority of India (UIDAI), serves as proof of identity and proof of address.
  • Passport: A passport can be used as proof of identity and proof of address.
  • Voter ID card: A Voter ID card can be used as proof of identity and proof of address.
  • Driving license: A driving license can be used as proof of identity and proof of address.

It’s worth noting that, the bank may ask for additional documentation such as utility bills, rent agreements, salary slips, etc. as per their internal policy.

It’s also worth noting that, opening a savings account without a PAN card would be difficult, and in the case of any transaction above a certain limit, the bank will ask for PAN card details. It’s advisable to apply for a PAN card if you don’t have one, as it will be required not only for opening a savings account but also for various financial transactions such as investing in mutual funds, insurance, etc.

Can anyone misuse my pan card details?

Yea easily. Above 50000 transaction pan is mandatory if I have your pan I can deposit to somebody by showing your pan number instead of mine.

For HRA purposes, I can give your pan number in case the landlord is not willing to give pan details. Also, I can make fake agreements by keeping your details.

It is possible for someone to misuse your PAN card details if they are obtained by unauthorized means. PAN card details can be misused for various illegal activities such as financial fraud, identity theft, and money laundering.

Some ways in which your PAN card details can be obtained by unauthorized means include:

  • Phishing scams: Scammers may send emails or messages claiming to be from a government agency, asking for your PAN card details to update your records.
  • Skimming: Skimming devices can be used to steal your PAN card details when you swipe your card at a point-of-sale terminal.
  • Data breaches: Hackers can gain access to databases containing personal information and steal your PAN card details.
  • Social engineering: Criminals can obtain your PAN card details by tricking you into providing them through social engineering techniques.

To prevent your PAN card details from being misused, it is important to keep your PAN card in a safe place and not share your PAN card details with anyone you don’t trust. Also, be vigilant about suspicious emails or messages, and don’t click on links or enter your personal information without verifying the authenticity of the sender.

Additionally, it is advisable to register for SMS alerts or email alerts from the bank, this will help you to track the transactions done through your PAN card.

Like these much more think can be done. Keep the PAN safe. Give it to only genuine sources Pancard Apply Online

How do I know the surname of a PAN card?

The surname on a PAN card is the last name or the family name of an individual. It is the second field in the PAN card, right after the first field “Name” and it is usually written in capital letters.

In the PAN card, the name of an individual is divided into 3 parts: First name, Middle name (if any) and Last name. The last name is the Surname. The name on the PAN card is exactly as per the name on your identity proof, which you would have submitted while applying for the PAN card.

You can check your PAN card details, by visiting the official website of the Income Tax Department of India, and by providing your PAN number, you can download the e-PAN card and check your name, surname and other details.

One of your Pan card number 5 letter abbreviation or full form is your surname

Alternatively, you can check in the income tax portal

in case you are an employee on form 16 you can view your name

in the income tax portal by clicking 26as you can see the name

The surname in a PAN card is the last name or family name of the individual. It is usually listed in the “Surname/Last Name” field on the PAN card.

The PAN card typically contains the following information:

  • Name: This field contains the full name of the individual, with the surname listed last.
  • PAN: This field contains the unique 10-digit Permanent Account Number assigned to the individual.
  • Date of Birth: This field contains the date of birth of the individual.
  • Photograph: This field contains a photograph of the individual.
  • Signature/Thumbprint: This field contains the signature or thumbprint of the individual.
  • Address: This field contains the address of the individual.

If you still have any doubts, you can also check with your employer, bank or with the tax consultant for more information about your PAN card.

How can I download an e-PAN card?

In India, you can download an e-PAN (Electronic Permanent Account Number) card by following these steps:

  1. Go to the official website of the Income Tax Department of India
  2. Click on the “Services” tab, and then select “Download PAN” under the “PAN” section.
  3. Enter your PAN number, full name, and date of birth in the required fields.
  4. Provide the captcha code as prompted.
  5. Click on the “Submit” button.
  6. If the details you have entered match the records with the Income Tax Department, you will be prompted to download the e-PAN card.
  7. Once you download the e-PAN card, you will need to install Adobe Reader to open the file.
  8. You can take a printout of your e-PAN card, it would be valid just like a physical PAN card.

How can I download the NSDL e-PAN card?

In India, you can download an NSDL e-PAN card by following these steps:

  1. Go to the official website of the National Securities Depository Limited (NSDL)
  2. Click on the “Services” tab, and then select “e-PAN” under the “PAN” section.
  3. Click on the “Download e-PAN” button.
  4. Enter your PAN number, full name, and date of birth in the required fields.
  5. Provide the captcha code as prompted.
  6. Click on the “Submit” button.
  7. If the details you have entered match the records with the NSDL, you will be prompted to download the e-PAN card.
  8. Once you download the e-PAN card, you will need to install Adobe Reader to open the file.
  9. You can take a printout of your e-PAN card, it would be valid just like a physical PAN card.

It’s worth noting that, the NSDL e-PAN is a digitally signed PAN card, which is a legally valid document and can be used for all the purposes where a physical PAN card is used.

How can I download the UTIITSL e-PAN card?

In India, you can download a UTIITSL (UTI Infrastructure Technology and Services Limited) e-PAN card by following these steps:

  1. Go to the official website of UTIITSL
  2. Click on the “e-PAN” on the top menu.
  3. Click on the “Download e-PAN” button.
  4. Enter your PAN number, full name, and date of birth in the required fields.
  5. Provide the captcha code as prompted.
  6. Click on the “Submit” button.
  7. If the details you have entered match the records with the UTIITSL, you will be prompted to download the e-PAN card.
  8. Once you download the e-PAN card, you will need to install Adobe Reader to open the file.
  9. You can take a printout of your e-PAN card, it would be valid just like a physical PAN card.

It’s worth noting that, the UTIITSL e-PAN is a digitally signed PAN card, which is a legally valid document and can be used for all the purposes where a physical PAN card is used.

Instant e-PAN download

The Instant e-PAN download is a service provided by the Income Tax Department of India that allows individuals to instantly download their e-PAN card. This service is available for individuals who have recently applied for a new PAN card or have recently updated their PAN card details.

To download your Instant e-PAN, you need to follow these steps:

  1. Go to the official website of the Income Tax Department of India
  2. Click on the “Services” tab, and then select “Instant e-PAN” under the “PAN” section.
  3. Enter your Aadhaar number and captcha code as prompted.
  4. Click on the “Get PAN” button.
  5. If your Aadhaar details match the records of the Income Tax Department, you will be prompted to download the e-PAN card.

It’s worth noting that, the Instant e-PAN is a digitally signed PAN card, which is a legally valid document and can be used for all the purposes where a physical PAN card is used.

How can I check if my account is a salary account or a savings bank account?

In India, you can check if your account is a salary account or a savings bank account by checking the account number and the MICR code. The account number will typically have a prefix or a suffix that indicates the type of account. For example, in some banks, a salary account number may have the prefix “SAL” or “SALARY”, while a savings account number may have the prefix “SAV” or “SB”.

The MICR code (Magnetic Ink Character Recognition) is a unique code that is used to identify the bank and the branch where the account is held. The first 3 digits of the MICR code represent the city code, the next 3 digits represent the bank code and the last 3 digits represent the branch code.

You can also check the account type by visiting your bank’s website or by logging into your online banking account and checking the account details.

Additionally, you can visit your bank branch and they will be able to provide you with information about your account type.

There are a few ways to check whether your account is a salary account or a savings account:

  1. Check your account statement: Your bank will typically indicate the type of account on your account statement. Look for phrases like “salary account” or “savings account”.
  2. Contact your bank: You can reach out to your bank’s customer service department and ask them to confirm the type of account you have.
  3. Check online banking: If you have online banking set up, you may be able to see the type of account under your account details.
  4. Check the account number: The first few digits of an account number can indicate the type of account. Savings account numbers generally start with the number “5” while salary account numbers generally start with the number “7”

It’s important to note that some banks have different names for different types of accounts, so it’s always best to check with your bank to confirm the type of account you have.

Can I use my saving account as a salary account?

Yes, you can use your savings account as a salary account.

Many banks allow you to have your employer deposit your salary directly into your savings account.

However, it’s important to keep in mind that savings accounts may have withdrawal limits or other restrictions that could affect your ability to access your salary funds.

It’s also worth looking into whether your employer offers direct deposit options to multiple accounts, so you can have a separate account specifically for your salary, and use your savings account for other purposes.

To Open a bank account in India PAN may ask by the bank.

What is the best-earning app in 2023?

I can not give you the information on the best-earning app in 2023. However, I can provide you with some general information about the earning apps. There are several apps available that allow users to earn money by completing tasks, watching ads, taking surveys, and more. Some popular earning apps include:

  1. Swagbucks: This app allows users to earn points by completing surveys, watching videos, and shopping online. These points can then be redeemed for gift cards or cash.
  2. Survey Junkie: This app allows users to earn money by completing surveys. The surveys are about various topics, and the pay varies depending on the length and complexity of the survey.
  3. Ibotta: This app allows users to earn cashback on their grocery shopping. Users can earn cashback by scanning their grocery receipts and completing tasks related to the products they bought.
  4. Foap: This app allows users to sell their photographs to a global audience. Users can earn money by selling their photographs to individuals and businesses.
  5. Gigwalk: This app allows users to earn money by completing small tasks for businesses in their area. Tasks may include things like taking photos of a store display or checking prices at a local store.

It’s important to note that while these apps can be a great way to earn extra money, they may not be the best option for everyone, and the earning potential can vary greatly depending on the app and the user’s location, time and effort. It’s always best to research and read reviews of the app before using it.

How can a foreign company open a bank account in India?

A foreign company can open a bank account in India through the following steps:

  1. Obtain PAN and TAN: The foreign company needs to obtain a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Indian Income Tax Department.
  2. Incorporate in India: The foreign company should incorporate in India through the Registrar of Companies (ROC) as a foreign company or as a liaison office, branch office or project office.
  3. Obtain other required licenses and registration: Depending on the nature of the business, the foreign company may need to obtain other licenses and registration, such as Import Export Code, FSSAI, etc.
  4. Choose a bank: The foreign company should choose a bank where it wants to open the account.
  5. Provide the required documents: The bank will require the foreign company to provide certain documents, such as PAN and TAN, certificate of incorporation, registration certificate, passport and visa details of the authorized signatories, and a board resolution authorizing the opening of the account.
  6. KYC and AML verification: The bank will also verify the foreign company’s identity and conduct anti-money laundering (AML) checks before opening the account.

It’s important to note that the process of opening a bank account for a foreign company in India may vary depending on the bank’s policies, the type of account and the nature of the business. Also, the foreign company should comply with the rules and regulations of the Reserve Bank of India (RBI) and other regulatory bodies in India.

How much is taxable if I deposit more than 10 lacs in a savings account?

In India, deposits made to a savings account are subject to taxes based on the individual’s income tax bracket. However, deposits of more than 10 lacs in a savings account may be subject to a tax called the “Cash Deposit Tax.”

As per the Income Tax Act, of 1961, if an individual deposits more than 10 lacs in a savings account in a financial year, he/she will have to pay a Cash Deposit Tax of 2% on the amount deposited above 10 lacs. This tax is applicable at the time of deposit and is produced by the depositor to the bank. The bank will then credit the tax amount to the government.

It’s important to note that the cash deposit tax is not applicable to deposits made to current accounts or fixed deposits. Also, it’s not applicable to cash deposits made in a single transaction.

It’s also important to note that tax laws may change from time to time, so it is always best to check with the bank or consult a tax professional for the most up-to-date information and to get proper guidance.

How can I open my bank account after the bank closes it?

If your bank account has been closed, you will need to contact the bank to inquire about reopening it. The process to reopen a closed bank account will vary depending on the bank’s policies and the reason why the account was closed.

  • Contact the bank: You will need to contact the bank’s customer service department to inquire about reopening your account.
  • Provide the required information: The bank may ask for additional information or documentation to verify your identity and the reason for the account closure.
  • Identify and correct any issues that led to the account closure: The bank may have closed your account due to non-compliance with the terms and conditions, such as unpaid fees or non-activity. You will need to address and correct these issues before the account can be reopened.
  • Pay any outstanding balance: If there’s any outstanding balance on the account, you will need to pay it off in order to reopen the account.

It’s important to note that the bank may deny your request to reopen the account, particularly if the account was closed due to fraudulent activity or other serious violations.

Should NRO accounts be linked with an Aadhaar card?

NRO (Non-Resident Ordinary) accounts are bank accounts that are used by non-resident Indians (NRIs) to manage their income earned in India. In India, the government has made it mandatory to link various financial accounts, such as bank accounts and PAN (Permanent Account Number) with Aadhaar, a 12-digit unique identification number issued by the Indian government to every resident of India.

The government has also made it mandatory to link Aadhaar with NRO accounts as per the Prevention of Money Laundering (Maintenance of Records) Second Amendment Rules, 2019, issued by the Ministry of Finance. According to this rule, all individuals are required to link their Aadhaar numbers with their NRO accounts by December 31, 2019.

Linking an NRO account with Aadhaar is important for a number of reasons. It helps to keep track of an individual’s financial transactions and ensures compliance with tax laws. Additionally, it also helps to prevent money laundering and other financial crimes.

However, there are some exceptions for NRIs and PIOs (Persons of Indian Origin) who are not residents in India, they can submit a PAN card in lieu of an Aadhaar card.

It is important to note that if an NRO account is not linked with Aadhaar, the account may be frozen or become non-operational. Therefore, if you are an NRI with an NRO account, it is important to link it with your Aadhaar card as soon as possible, or in case you are an NRI or PIO, ensure to provide a PAN card instead of an Aadhaar card as per the government’s guidelines.