When we go to buy a SIM card, open an account in a bank, tell our identity to someone, take any ID proof with us, etc., then we use an Aadhaar card only. This is the most important document in today's time, but it cannot be denied that the PAN card is also a very important document. In such a situation, if you have not got a PAN card made yet or you have got it made and you feel that it is of no use or there is no benefit, then you should know that a PAN card is necessary for many works. You can know about the benefits of a PAN card in the next slides...
A PAN card is required for these things:-
Number 1
If you are selling a property and that property is worth more than Rs 5 lakh, then you need a PAN card. Similarly, it is also required while buying a property. Therefore, you should get a PAN card made.
Number 2
If you want to take a loan or will ever take one, then it is necessary to have a PAN card. Through this, your CIBIL score is checked and it is known whether you will be able to get a loan or not. Not only this, you can also get information like how many loans you have running from the PAN card.
Number 3
If you want to open a bank account, you need a PAN card. You need a PAN card at the time of opening an account and at the time of KYC. Also, if you deposit more than Rs 50 thousand in the account, you still need a PAN card.
Number 4
The second advantage of a PAN card is that you can file taxes with it. If you have a PAN card, then you do not face any problem in this work and you can do things like filing returns in minutes.
(PC: Adobe stock)
