You want to do any non -government or government work, you need many types of documents for these tasks. If you do not have this, then your work also stops. Apart from the Aadhaar card, there are many such documents, one of which is your PAN card. Yes, PAN card i.e. Permanent Account Number Income Tax Act 1961 is issued by the Income Tax Department. At the same time, there are many benefits of making a PAN card, due to which many of your works are completed. But if you do not have this, then many of your work can stop. So let's know what are the benefits of making a PAN card.
Benefits of making PAN card:-
- If you take a loan, you will get a loan or not depends on your CIBIL score. At the same time, you will need a PAN card to check it. If you have a PAN card, you can check your CIBIL score.
- Another advantage of PAN card is that you can know how many loans are running in your name. With this investigation, you can also know whether someone has taken a loan in your name or not. You should have a PAN card for this investigation.
- You will also need a PAN card while opening a bank account. If you have then your account will open. Apart from this, you will also need a PAN card for transactions of more than 50 thousand rupees.
- Through PAN card, you can know whether you come under the scope of tax, whether you have paid tax or not and you also need a PAN card to file income tax returns.