Digital-Divide/D0/Introduction-to-PAN-Card/English-timed
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| 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) .
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| 02:27 | * Documentary evidence to apply for passport, |
| 02:31 | address changes |
| 02:32 | 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 Juridical 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 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 |
| 05:16 | -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.
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