Digital-Divide/D0/Introduction-to-PAN-Card/English-timed
From Script | Spoken-Tutorial
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00:01 | Welcome to the Spoken Tutorial on Introduction to PAN card |
00:07 | In this tutorial we will learn |
00:10 | -About PAN card |
00:12 | -Structure and Validation of PAN card |
00:16 | -Need for a PAN card and |
00:19 | -To know your PAN card |
00:22 | PAN stands for Permanent Account Number |
00:28 | This is how a PAN Card looks like. |
00:34 | It is a ten digit alphanumeric combination issued to all juristic entities |
00:42 | It is issued by the Indian Income Tax Department |
00:47 | The most important purpose of allotting PAN card is |
00:52 | For the purpose of identification and |
00:57 | To track all the monetary information of that entity. |
01:04 | Facts about pan card. PAN is unique, national and permanent |
01:12 | It is unaffected by the change of address |
01:16 | It is illegal to own more than one PAN |
01:21 | Who all can get a pan card?
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01:38 | Why do we need a PAN card?PAN card acts as an important photo-ID proof
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01:47 | PAN card helps in transactions like opening a bank account, ….. |
01:56 | ….buying or selling of assets, etc. |
02:01 | Pan Card is used for accounting purposes on receivable taxable salary |
02:09 | Aids in filing of Income Tax Returns |
02:13 | Used as a documentary proof for opening DEMAT Account for share trading |
02:21 | It is used as a documentary proof for bank withdrawals exceeding Rs.50, 000
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02:29 | It is a tool that helps the IT Dept to keep a check over tax defaulters. |
02:37 | This is done by indirectly tracking their credit history. |
02:43 | Used as a documentary proof for availing TDS (Tax Deductions at Source)
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02:52 | Documentary evidence to apply for passport, …..
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02:57 | address changes ….. |
02:59 | …...and for obtaining other such relevant documents
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03:04 | For fixed deposits of more than Rs.50,000 |
03:12 | Payment to hotel bills and travel expenses exceeding Rs.25,000 |
03:21 | Application for issue of a credit card |
03:31 | Application of telephone connection |
03:39 | PAN structure is as follows: AAAAA9999A |
03:43 | First five characters are letters, next 4 numerals, last character letter. |
03:52 | The first three letters are sequence of alphabets from AAA to ZZZ. |
04:01 | The fourth character informs about the type of holder of the Card. Each assess is uniquely
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04:44 | The fifth character of the PAN is |
04:47 | (a) the first character of the surname / last name of the person, in the case of a "Personal" PAN card |
04:55 | In the image shown, the surname is Yadav. Therefore, the 5th character is Y. or |
05:04 | (b) the name of the Entity/ Trust/ Society/ Organization in the case of Company/ HUF/ Firm or any other types of PAN Cards. |
05:18 | In the image shown, the name of the trust is Shanoz. Therefore, the 5 th character is S. |
05:27 | The last character is an alphabetic check digit.
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05:32 | The DOI (Date of Issue) of PAN card is mentioned at the right (vertical) hand side of the PAN card.
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05:40 | You can verify or validate new and existing PAN numbers by visiting the following link:
https://incometaxindiaefiling.gov.in/e-Filing/Services/KnowYourPanLink.html |
05:54 | In this tutorial we have learnt |
05:57 | -About PAN card |
05:59 | -Structure and Validation of PAN card |
06:03 | -Need for a PAN card and |
06:05 | -To know your PAN card
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06:08 | Watch the video available at the following lin:http://spoken-tutorial.org/What_is_a_Spoken_Tutorial
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06:13 | • It summarizes the Spoken Tutorial project
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06:18 | • If you do not have good bandwidth, you can download and watch it
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06:25 | The Spoken Tutorial Project Team
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06:27 | • Conducts workshops using spoken tutorials
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06:31 | • Gives certificates for those who pass an online test |
06:37 | • For more details, please write to contact@spoken-tutorial.org
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06:45 | Spoken Tutorial Project is a part of the Talk to a Teacher project
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06:50 | It is supported by the National Mission on Education through ICT, MHRD, Government of India
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06:58 | More information on this Mission is available at http://spoken-tutorial.org/NMEICT-Intro |
07:10 | We have come to the end of this tutorial.
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07:13 | This is Arthi signing off from IIT Bombay
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