PAN Card Fees

Permanent Account Number is a 10-digit alphanumeric code, commonly called as PAN which is used by taxpayers to carry out financial transactions. The alphanumeric code is a computer-generated system that is unique to the holder of the card. Through this major feature, all the tax-related information of any person is recorded against a single PAN number which also acts as key storage of an individual’s financial information. With the availability of PAN Card, individuals and non-individuals will be able to purchase and sell assets and conduct financial transactions and take benefits of government subsidies. Let us look at the key fees and charges for applying for a PAN Card in India, fees and charges for individuals/entities applying for a PAN Card outside the country along with charges for reprint or update/correction in PAN Card in India/Abroad.

PAN Card Fees and Charges in India

Any individual or non-individual entity of the income-earning profile are on high priority to possess PAN card. Availing PAN card will allow the user to carry out a financial transactions with ease and take advantage of the government subsidies allowed by the government. It is important for the citizens to pay taxes and helps in the development of the nation. Given below are the key fees and charges associated with PAN Card application as well as PAN Card update/correction in India:

PAN Card Fees and Charges for Citizens Outside the Country

India is developing at a very fast pace, thus encouraging foreign investors to invest in India. Here as well, PAN card is a very important document for them to carry out their financial transactions. For carrying out transactions in India, individuals/entities need to have a PAN card. Applicants must follow the same procedure as that of residents of India. For citizens outside the country who want to avail PAN Card, the following fees and charges are applicable for PAN Card application as well as update/correction:

Note: * For PAN applications submitted online using physical mode, additional UIDAI charges as notified by UIDAI for Aadhaar Authentication services would be levied along with applicable tax.

** Additional e-Sign charges and UIDAI charges as notified by UIDAI for Aadhaar e-KYC and Aadhaar Authentication services would be levied along with applicable tax in case of e-KYC along with e-Sign and e-Sign scanned based PAN application.

Charges for Reprint/Changes in PAN Card in India/Abroad

PAN cardholders who have lost/damaged their PAN card can get their PAN Card reprinted by paying the following charges:

Note: These charges are inclusive of applicable taxes.

Also, the charges for changes in PAN Card or any updates/corrections that you wish to make are the same as the charges levied in case of fresh PAN application. For more details, click here.

Modes of Payment for PAN Card Charges

There are different modes of payment for the applicants willing to possess a PAN card outside or within the communication address. Let’s have a look at the modes of payment for availing PAN Card:

1. For communication address within India: PAN card holders residing within the communication address can pay the fee/charges through Debit Cards/ Credit cards, Demand Drafts or Net Banking. It should be noted that cardholders will be levied an additional charge of up to 2.00% on the application fee payment by Debit cards/Credit cards, which is generally charged by banks. Also, payments made through Demand Draft should only be accepted, if the DD is drawn in favour of “NSDL-PAN”, payable at Mumbai. If any of the card applicants/holders want to pay through Net Banking mode, they will have to pay a surcharge of Rs.4 plus service tax.
2. For communication address outside India: Citizens residing outside the communication address can follow the same mode of payments to process further. PAN cardholders can pay through Debit cards/Credit cards, Demand Drafts or Net Banking. Abroad residents have to pay additional conversion or exchange charges imposed by the banks to avail benefits, the rest of the fees remains the same. Payments made through demand draft shall only be accepted if it’s drawn in the favour of ‘NSDL-PAN’, payable at Mumbai.

As PAN is a valuable document needed by every income-earning individual or non-individual, it comes with several benefits for the residents within/outside the communication address. There is no provision of fee refund by the Income Tax department of India, if the application form gets rejected, either on the ground of incorrect or incomplete information. One can re-apply for the PAN card with correct information using the same payment details.

FAQs

Q. How do I get a reprint of my PAN Card? Is it possible to make any updates when I request for a PAN Card reprint?

Request for Reprint of PAN card can be submitted online and by paying the applicable charges for reprint as mentioned above. No, when you request for a PAN Card reprint you cannot make any updates/corrections. To make changes in your PAN Card you need to fill up Request for New PAN Card or/and Changes or Correction in PAN Data Form.

Q. How can I request for updates in my PAN card online?

You can fill up the online form to make a request for modifications/corrections in the PAN Card details either through the UTIITSL portal or the NSDL portal

Read more: Documents Required for PAN Card

Q. Do individuals and non-Individual entities pay the same fee when they request for an update or a new PAN Card?

Yes, both individuals and non-individual entities pay the same fee when they request for a new PAN Card or an update on their existing one. However, the PAN Card fees may vary depending on whether they apply online or offline and whether their communication address is an Indian address or a foreign address.

Q. Where can I use my PAN card?

A PAN cardholder can use a PAN card for various purposes including:

• For income tax purposes
• To buy jewellery above the prescribed amount
• To buy/sell property
• To get a loan or credit card
• To open a bank account