PAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax Department under the supervision of the Central Board of Direct Taxes. It also serves as an identity proof. ... The PAN number remains unaffected by change of address throughout India.
PAN enables the department to link all transactions of the “person” with the department. These transactions include tax payments, TDS/TCS credits, returns of income/wealth/gift/FBT, specified transactions, correspondence, and so on. PAN, thus, acts as an identifier for the “person” with the tax department.
PAN was introduced to facilitates linking of various documents, including payment of taxes, assessment, tax demand, tax arrears etc. relating to an assessee, to facilitate easy retrieval of information and to facilitate matching of information relating to
investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as external, for detecting and combating tax evasion and widening of tax base.
PAN
- New PAN for Indian Citizens (Form 49A).
- New PAN for Foreign Citizens (Form 49AA).
- Change or Correction in PAN Details (CSF).
- Transaction Status Enquiry.
- Status Track for PAN Application.
- AO Code Details.
- PAN Verification.
TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who more.. Our organization is an established name in offering TAN Registration Services to our customers.
here are two modes for applying for TAN:
The Import Export Code is a 10 digit special code provided by the Director General of Foreign Trade, Ministry of Commerce, Government of India.
Technically speaking, an IEC is necessary for any person looking at making an import into India or exporting a product or service out of India. So technically speaking, if I create even one software program and sell it to a party based in the United States, it is an export and I need to get an IEC.
Practically speaking however, you only need an IEC if you are going to be making sizeable exports and your income from export of services is more than Rs. 9 lakhs. In this case, getting an IEC will make you eligible to get a service tax exemption.
Small and medium small industries want to start any business; they need to do the registration with MSME. This registration with MSME can be done in two ways i.e. one is online and other one is offline. This facility is called Udyog Aadhar.
Those industries who are registered with Udyog Aadhar will be getting the benefits of all Government schemes like easy loan, subsidies etc.
List of Advantages:
- In this to do the registration you can apply either online or offline. It means to do registration there are two options available to you.
- Once the business man has applied he/she will get the Udyog Aadhar number on his registered mail ID.
- To apply only one page form is required and it should be self-attested.
- Once you have registered with MSME you would be getting all government scheme benefits like without guarantee loan, easy loan, loan with low rate of interest.
- You would be getting the financial support to participate in foreign expo.
- Your industry would be getting the government subsides.