Permanent Account Number (PAN) is a unique, 10-character alpha-numeric Number issued to any entity under the Indian Income Tax Act 1961. It can also serve as an important proof of identification in India.
Nowadays, PAN has been mandatory for a majority of financial transactions such as opening a bank account, receiving taxable salary or professional fees, sale or purchase of movable or immovable assets above specified limits etc; especially high-value transactions.
PAN is unique to each single entity and is valid for the life time of the holder, throughout India. An important point to note would be that once issued, the PAN is not affected by a change of address, change in name.
We at NewCompanyIndia.com can help you in obtaining PAN card whether you are an Indian or a Foreign National.