Pan card (India)

A PAN card (Permanent Account Number) is a unique alphanumeric identifier issued by the Indian Income Tax Department. It serves as a national identification tool for taxpayers and is mandatory for financial transactions such as filing income tax returns, opening bank accounts, or purchasing property. The card helps track financial activities to prevent tax evasion, ensuring transparency in financial dealings. Issued in the form of a plastic card, it is widely accepted across India and acts as a crucial document for legal and financial identification.