PAN Card is the ten-digit alphanumeric number that is issued by the “Income Tax” department. You can apply for this offline and online too. As the world moves to digitalization, there are so many things that also change. Now people can apply for the pan card online, but a few years back, you cant do the same. Now people have become updated as per the changes in technology. But wait, still, there are some people who don't know about digital pan cards and searching for the difference between pan card & epan card. Are you one-off them? In this article, we are going to answer all your queries regarding pan card Vs ePan card.
The pan card and epan card both are issued by the Income Tax Department. But the epan card is issued in the form of electronic format. Every person who has a business or profession with a total sale turnover that exceeds Rs 5 lakh has to obtain a PAN card. Even for every person who wants to make a financial transaction that needs pan documentation, must apply for a pan card. When it comes to the epan card, The ten-digit unique alphanumeric number issued by the IT Department can be obtained digitally as well. The only difference in the epan card is it is actually a digitally signed issued in electronic format. Now the next question which people have in their mind does the epan card valid or not?
Yes, the epan card is valid similar to the pan card. The epan card holds the QR code that contains the important information of a person like demographic details, the person's name, date of birth, and photograph. Through the QR code reader, all this information can be recognized. The epan card is the new form of pan card, which holds so many facilities that we will mention in this article. Anyone who has a valid Aadhaar number and has a mobile number registered with Aadhaar can apply for the epan card. The best thing about the epan card is the convenient process. You don't have to fill up the bulky documents and stand in the queues. The whole allotment process is paperless and can be issued to the applicants free of cost.
The E-PAN card service is applicable for specific PAN applicants. The pan card Vs ePan card application is only required for the candidates who have been issued an Aadhar Number and want to request PAN through Form 49A. This is completely relevant to the pan card ad allowing the taxpayers to carry out a plethora of financial transactions. Through an epan card, you can allow the Tax Department to track such transactions.
The e-PAN card contains similar details that the pan card holds, like a photograph, PAN Number, signature, father's name. But the only difference between pan card & epan card of them is the QR code in the epan card that holds the biometric information of the PAN Cardholder. This QR Code is beneficial for the verification purpose by the QR Reader device. Once you complete the process of applying for an epan card, it will send to you through the registered mail id. You can take the digital print and keep it that all about how to apply for the epan card.
Are you going to apply for your pan card for the first time? Applicant should have linked their aadhar with the Correct mobile number of the applicant. To start the process of applying for an pan card Vs. ePan card, all you will need to share is the OTP that ill send to your Aadhar verified mobile number. So, here we are sharing the step-by-step process of applying for an epan card digitally and the difference between pan card & epan card.