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What is an e-PAN and How to Apply For It?

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 What is an e-PAN and How to Apply For It?

The Indian Income Tax Department recently introduced the ePAN card. It is the instant allotment of PAN to first-time taxpayers. This has been done after an increase in the number of people applying for PANs. It is important to note, that it will not be allotted to a person who already holds a PAN.
Currently, ePAN is only being issued to individual taxpayers. This facility is free of cost and is available only for a limited period of time. ePAN will be issued on a first-come-first-serve basis.
What is an e-PAN and How to Apply For It?

Who can Apply For an e-PAN?

To apply for an ePAN card, you must fulfil the following criteria:
  • You must be an Indian resident;
  • You must be an Individual tax payer (i.e. not a company or a HUF);
  • You must not already hold a PAN;
  • You must have an Aadhaar Card;
  • You must have an active mobile phone number linked with your Aadhaar; and
  • Your Aadhaar must have your updated and correct details