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Glossary / Also known as

PAN card

Another name for PAN (Permanent Account Number).

Other names
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What does PAN card mean?

PAN card is another name for PAN (Permanent Account Number). A unique 10-character alphanumeric identifier issued by the Income Tax Department of India to every taxpayer.

The two names mean the same thing. You will see "PAN card" in some ledgers, reports and contracts and "Permanent Account Number" in others. The full entry covers how it works, with examples.

Read the full definition of PAN (Permanent Account Number)

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From the glossary

Related terms.

Vendor onboarding PAN (Permanent Account Number) A unique 10-character alphanumeric identifier issued by the Income Tax Department of India to every taxpayer. Also called PAN card, PAN number TDS TDS (Tax Deducted at Source) A system where the payer deducts income tax at prescribed rates before paying the payee, and deposits it with the government on the payee's behalf. Also called withholding tax, tax deduction at source, tax withheld at source Due dates and calendars Assessment Year (AY) The year immediately following the Financial Year in which income earned during the FY is evaluated and taxed. Also called tax assessment year TDS TAN (Tax Deduction Account Number) A unique 10-digit alphanumeric number required by all persons responsible for deducting or collecting tax at source. Also called TAN number, deductor account number Vendor onboarding KYC (Know Your Customer) The mandatory identity verification process used by financial institutions and businesses to confirm client identities and prevent fraud. Also called know your customer checks, KYC verification, customer due diligence Vendor onboarding Vendor Onboarding Vendor onboarding is the structured process of registering, verifying, and integrating a new supplier into your procurement and accounts payable systems. Also called supplier onboarding, vendor registration, vendor empanelment
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