How to Apply PAN Card: This PAN card can also be used by the parents to make investments in the name of the child. Let us tell you that according to the rules, the child cannot apply for his PAN card.
PAN Card News: In today’s time, Aadhar Card, PAN Card, Ration Card is one of the most important documents. Aadhar card is used more as an address proof. At the same time, PAN card is used for financial transactions. People use it for work related to banking transactions. PAN card is also very useful in Income Tax transactions. Since PAN card is needed for financial transactions, you need it to start any kind of business.
In today’s 21st century, children have also become very smart. He has started making business plans at a young age. In such a situation, they need a PAN card to start a business. Therefore, the Income Tax Department, while changing its rules, has started the facility of PAN for children below 18 years of age.
This PAN card can also be used by the parents to make investments in the name of the child. Let us tell you that according to the rules, the child cannot apply for his PAN card, but the parents can apply in the place of the child. So let us tell you about the process of making a PAN card for a minor (Step to Apply for PAN Card for your Children)-
This is how the PAN card of children under the age of 18 seals is made – –Â
- To get the PAN card of your child, you first click on the official website of NSDL www.onlineservices.nsdl.com.
- After this, click on the option of online PAN application here.
- After this, you have to upload some important documents for your child’s Age Proof Certificate.
- After this, the parents will also have to upload their Signature.
- After this, to apply for PAN, you will have to deposit Rs 107 online.
- You will get your child’s PAN card after 15 days.
