What are the Fees to Get a PAN CARD?
Taxpayers in India are assigned a Permanent Account Number or PAN. It is a computer-generated, 10-digit number assigned to each taxpayer in the nation.
A person's entire tax-related information is gathered using this number from various sources. The Income Tax department issues you a PAN Card after printing your PAN Number on a card following your application.
PAN serves as both your identification and proof of it. Your PAN Card is valid for the rest of your life. There is no need for renewals. You can, however, request a change of information.
One person, One PAN is the rule; there is no exception!
In this blog, we have provided a few straightforward guidelines to help you determine the costs and fees needed to obtain a PAN Card for yourself. So, read on to know more about the same!
PAN Card Fees & Charges
Here are the fees associated with getting a PAN Card in India-
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PAN Card Fees for Citizens of India
An Indian PAN Card applicant should be mindful of the following fee structure-
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PAN Card Charges for Indian Citizens |
To obtain a PAN Card, Indian applicants must pay ₹110 (Processing Fee + 18% GST). |
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PAN Card Fees for Foreigners
A Foreign PAN Card applicant should be mindful of the following fee structure-
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PAN Card Fees for Citizens of Other Countries |
To obtain a new PAN Card, foreigners must pay ₹1,011.00 (Application Fee + Dispatch Fees + GST of 18%). |
It is to be noted that Form 49AA must be completed and submitted to an authorized PAN Card center along with the necessary supporting documentation and fee by foreign individuals or foreign entities who wish to obtain a PAN Card.
It should also be remembered that individuals and organizations from other countries who possess an Indian PAN Card may only use it to transact business and finance within India.
Additionally, foreigners may need different supporting documents than Indian citizens do.
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e-PAN Card Fees for Indian & Foreign Residents
An Indian and Foreign e-PAN Card applicant should be mindful of the following fee structure
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e-PAN Card Charges for Indian Citizens |
₹66 |
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e-PAN Card Charges for Foreign Citizens |
₹66 |
PAN Card Fees to Re-Print or Modify a PAN Card for Indian & Foreign Residents
An Indian or Foreign PAN Card holder may apply for a new PAN Card in the circumstances of a lost or damaged PAN Card, along with any case if the present information needs to be updated or changed.
An Indian and Foreign e-PAN Card applicant should be mindful of the following fee structure to reprint or modify their PAN Card-
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Indian Citizens |
₹110 (Processing Fee + GST of 18%) |
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Foreign Citizens |
₹1020 (Application Fee + Dispatch Charges + GST of 18%) |
Conclusion
A PAN typically took the Income Tax department 30 days to issue ten years ago.
The Income Tax Division is currently innovating by making everything available online. As a result, it is now simple and quick to apply for a new PAN Card, reprint the PAN Card, and Update or Change the PAN Card details online.
The ITD is developing in step with the new e-generation. Lastly, we hope this blog helps you acquire the relevant information regarding the fees associated with a PAN Card.