Central Board of Direct Taxes and Ministry of Corporate affairs are working together on a new methodology that will help us to get a Permanent account number within minutes.
Soon people will be able to get PAN Card number in minutes. Individuals can also pay income tax through their smartphone, says reports.
Now, it usually it takes around 2-3 weeks to receive PAN card. According to CBDT's plans, a person will be allotted PAN number within 5-6 minutes after it is linked to the Aadhar number. How To Get PAN Card Within Two Days?
CBDT has said that it will put on a real time basis and it will be mapped to the individual's biometric details."If a SIM can be issued through e-KYC, then the same can be done for PAN," said an officer working on the project. The hard copy of the PAN card will be delivered via courier within a few days, says reports. Where Do You Need To Quote PAN Number Post Demonetization?
CBDT is developing an app, which will help to pay taxes online. This app will also help you for apply for PAN or track your returns.