Digital-Divide/D0/Introduction-to-PAN-Card/English-timed
From Script | Spoken-Tutorial
| Time | Narration |
| 00:00 | Welcome to the Spoken Tutorial on Introduction to PAN card. |
| 00:06 | In this tutorial, we will learn: |
| 00:08 | About PAN card |
| 00:10 | Structure and Validation of PAN card |
| 00:14 | Need for a PAN card and |
| 00:16 | To know your PAN card. |
| 00:18 | PAN stands for Permanent Account Number . |
| 00:23 | This is how a PAN Card looks like. |
| 00:28 | It is a ten digit alphanumeric combination issued to all juristic entities. |
| 00:35 | It is issued by the Indian Income Tax Department. |
| 00:40 | The most important purpose of allotting PAN card is: |
| 00:44 | For the purpose of identification and |
| 00:48 | To track all the monetary information of that entity. |
| 00:53 | Facts about pan card: |
| 00:55 | PAN is unique, national and permanent. |
| 01:00 | It is unaffected by the change of address. |
| 01:03 | It is illegal to own more than one PAN. |
| 01:07 | Who all can get a PAN card? |
| 01:10 | Person |
| 01:12 | Company |
| 01:15 | HUF i.e Hindu Un-divided Family |
| 01:19 | Trust and many other bodies. |
| 01:22 | Why do we need a PAN card? |
| 01:25 | PAN card acts as an important photo-ID proof. |
| 01:30 | PAN card helps in transactions like opening a bank account, |
| 01:38 | buying or selling of assets etc. |
| 01:43 | Pan Card is used for accounting purposes on receivable, taxable salary. |
| 01:50 | Aids in filing of Income Tax Returns . |
| 01:53 | Used as a documentary proof for opening DEMAT Account for share trading. |
| 01:59 | It is used as a documentary proof for bank withdrawals exceeding Rs.50,000. |
| 02:07 | It is a tool that helps the IT Dept to keep a check over tax defaulters. |
| 02:13 | This is done by indirectly tracking their credit history. |
| 02:18 | Used as a documentary proof for availing TDS i.e Tax Deductions at Source. |
| 02:27 | Documentary evidence to apply for passport, |
| 02:31 | address changes and for obtaining other such relevant documents. |
| 02:40 | For fixed deposits of more than Rs.50,000. |
| 02:47 | Payment to hotel bills and travel expenses exceeding Rs.25,000. |
| 02:56 | Application for issue of a credit card. |
| 03:05 | Application of telephone connection. |
| 03:10 | PAN structure is as follows. |
| 03:13 | First five characters are letters, next 4 numerals, last character letter. |
| 03:21 | The first three letters are sequence of alphabets from AAA to ZZZ. |
| 03:29 | The fourth character informs about the type of the holder of the Card. Each assess is uniquely: |
| 03:36 | P for Person |
| 03:38 | C for Company |
| 03:41 | H for HUF i.e Hindu Undivided Family |
| 03:45 | Ffor Firm |
| 03:47 | A for AOP i.e Association of Persons |
| 03:51 | T for Trust |
| 03:53 | B for BOI i.e Body of Individuals |
| 03:57 | L for Local Authority |
| 04:01 | J for Artificial Juridicial Person and |
| 04:05 | G for Government. |
| 04:07 | The fifth character of the PAN is- |
| 04:10 | the first character of the surname or the last name of the person, in the case of a "Personal" PAN card. |
| 04:18 | In the image shown, the surname is Yadav. Therefore, the 5th character is 'Y' or |
| 04:26 | the name of the Entity/ Trust/ Society/ Organization in the case of Company/ HUF / Firm or any other types of PAN Cards. |
| 04:38 | In the image shown, the name of the trust is Shanoz. |
| 04:42 | Therefore, the 5th character is 'S'. |
| 04:46 | The last character is an alphabetic check digit. |
| 04:50 | The 'Date of Issue' of the PAN card is mentioned at the right (vertical) hand side of the PAN card. |
| 04:59 | You can verify or validate new and existing PAN numbers by visiting the following link: |
| 05:10 | Now let us summarize. |
| 05:12 | In this tutorial, we have learnt: |
| 05:15 | About PAN card Structure and Validation of PAN card |
| 05:19 | Need for a PAN card and |
| 05:21 | To know your PAN card. |
| 05:23 | Watch the video available at the following link. |
| 05:27 | It summarizes the Spoken Tutorial project. |
| 05:30 | If you do not have good bandwidth, you can download and watch it. |
| 05:34 | The Spoken Tutorial Project Team: |
| 05:36 | Conducts workshops using spoken tutorials |
| 05:40 | Gives certificates for those who pass an online test |
| 05:43 | For more details, please write to contact@spoken-tutorial.org |
| 05:50 | Spoken Tutorial Project is a part of the "Talk to a Teacher" project. |
| 05:54 | It is supported by the National Mission on Education through ICT, MHRD, Government of India. |
| 06:01 | More information on this Mission is available at http://spoken-tutorial.org/NMEICT-Intro |
| 06:11 | We have come to the end of this tutorial. |
| 06:14 | This is Arthi, signing off from IIT Bombay.
Thanks for Joining. |
