PAN card is a very important document. We need a PAN card to get many tasks done. Today, PAN cards are being used in many places from entering a new job, opening a bank account, investing in the stock market, and mutual funds. PAN card contains tax and investment-related data of the person. Just like our demographic and biometric details are recorded on the Aadhaar card, similarly, many of our important information is also on the PAN card. The ten-digit number recorded on the PAN card contains many important details. At the same time, do you know what these ten-digit numbers in the PAN card mean? If not, then today we are going to tell you about this. Let's know about it in detail -
The first three characters marked in the PAN card are alphabetical series between AAA to ZZZ. The fourth alphabet recorded in the PAN card shows what you are in the eyes of Income Tax. If you are an individual in the eyes of Income Tax, then P is written on it. It tells about the status of the PAN card holder.
P- Shows the name of the person
H- Shows religion
A- Gives information about the group of the person
B- Tells about the body of the cardholder
G- Tells about the government agency
L- Local authority
F- means firm
T- means trust
The fifth character recorded in the PAN card shows the first letter of the last name of the PAN card holder. After this, the next four digits are called sequential digits which are between 0001 and 9999. The tenth character recorded in the PAN card is the alphabetic check digit. The PAN number is issued by the Income Tax Department. The ten-digit PAN number issued by the Income Tax Department is a mixture of alpha-numeric digits. A PAN card is especially needed to get any kind of financial work done.
(PC: Google)A