With the help of PAN Card, you can get a lot of information about anyone. It is useful at places like banks to jobs, Income Tax Dept issues post office etc. PAN card. It is also called Permanent Account Number. It is a 10-digit alphanumeric number which everyone wants to understand. Let us tell you that these alphanumeric numbers recorded on the PAN card have a special meaning, and some information is hidden in them. Let us know what information your PAN number gives about you.
The income Tax Department uses a special process to give a PAN number, under which you are given a 10-digit number. Every ten-digit PAN card has a combination of numbers and letters. In this, the first five characters are always alphabets, the next 4 characters are numbers, and a letter comes back at the end.
Understand that the number written on PAN means that
there are 10 numbers and letters in total on the PAN card. All numbers and letters have different meanings. According to the Income Tax Department, the fourth letter provides information about what you are. P stands for Individual. Similarly, C – Company, H – Hindu Undivided, A – Association of people, B – Body of Individual, T – Trust, L – Local Authority, F – Firm, G – Government Agency, J – Judicial.
The 5th character tells the surname,
apart from this, the fifth character of the PAN tells about the first letter of your surname. If your surname is Sharma, then the fifth character of your PAN number will be S. Apart from this, for non-individual PAN card holders, the fifth character represents the first letter of their name. The next 4 characters can be between 0001 to 9990. Also, the last character is always a letter.
There are two types of PAN cards There
are two types of PAN cards. Indian citizens fill Form No. 49A to get it made. Foreign citizens can also get PAN cards made, for this, they have to fill Form No. 49AA. Separate PAN cards have been made for transactions in a company’s name. Which is also called a Business PAN card in simple words.