PAN, a 10 digit alpha-numeric code, allotted by the Government of India, in the form of a laminated card called the PAN card which is valid for a lifetime of the entity. Permanent Account Number (PAN) is a registration made compulsory by the Income Tax Department of India for every person and business entity who are eligible to pay Income Tax.
PAN is now compulsory in India for engaging into many basic transactions like getting a telephone connection. So, it is suggested for all the Indian Residents and even foreigners living in India for an extended period of time to have a PAN Card. MyOnlineCFO can help you get your PAN Card speedily and smoothly.