Thanks to India Govt. PAN cards and Aadhaar cards are now mandatory for pretty much everything. From taking a new mobile connection to starting your own business, everything requires a PAN card and Aadhaar card now.
If you don’t have a PAN card already, don;t worry. Government of India has now made it easy for you to get your PAN card in just one day. Yes, just one day. But there’s a catch. Read on…
The catch is that you have to start a company. Yes, you read that right. The Government has made it easy for those starting a new company/business to get their PAN card.
According to a statement by the Ministry of Finance, India…
“Applicant companies can submit a common application form SPICe (INC 32) on the corporate affairs ministry portal and once the data of incorporation is sent to CBDT by the ministry, the PAN and TAN will be issued immediately without any further intervention of the applicant,”
Source – Economic Times
Ministry said that 19,704 newly incorporated Companies have been allotted PAN in this way till March 31 of this year.
So, if you are a person trying to get PAN card, you should apply online here. It’s definitely not a one day process but is very straight forward, provided you have the documents.