ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • IPL 2023
    • Karnataka Elections 2023
    • Viral
    • Education
    • Jobs
Read in App
Business News » Personal Finance News

PAN Card for Minor: How to apply for PAN for a child? Process explained

PAN Card For Child: A juvenile may apply for a PAN Card. As per the rules, there is no limit for filing ITR in India. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
PAN Card for Minor: How to apply for PAN for a child? Process explained
PAN Card For Child: Check the complete procedure. Pic: PTI

PAN Card For Child: A Permanent Account Number (PAN) is a 10-digit unique identification alphanumeric number issued to each tax-paying citizen of the country. All tax-paying individuals, businesses, organisations and local governments are required to have a PAN card.

A juvenile may apply for a PAN Card. As per the rules, there is no limit for filing ITR in India. If a minor earns more than Rs 15,000 per month, then he/ she can also file ITR. It is very important to have a PAN card to file ITR. Hence, no specific age has been fixed by the Income Tax Department for obtaining a PAN card.

When does a Minor require a Pan Card?

  • When you invest in the name of your child.
  • You make your child the nominee of your investment.
  • You want to open a bank account in the name of the child.
  • -When the minor earns.

Also, read- Lumpsum Investment: What it is and how it works - Key things to know

Who may apply? 

The application for making a minor's PAN card is made on behalf of his parents or whoever is the legal guardian. It is also the responsibility of the guardian to file an ITR on behalf of the child.

Since the PAN card issued in the name of a minor does not bear his photograph and signature, it cannot be used as identity proof. When the minor turns 18, he/she has to apply for a PAN card update.

PAN Application Process- How to apply?

Step 1: Visit the official website of NSDL

Step 2: Read the instructions carefully to fill Form 49A.

Step 3: Upload the minor's age certificate and other necessary documents including the photo of the parents. Upload the signatures of the parents only.

Step 4: Procced with the payment of Rs 107. Click on the Submit button. An acknowledgment number, which one can use to track the application status will be provided.

The PAN card will reach you within 15 days of its successful verification.

Documents required to apply for a Minor PAN Card

  • Date of Birth (D.O.B) Proof of the minor
  • Address proof and identity of the parents of the minor will be required.
  • Proof of address and identity of the applicant is also required.
  • As identity proof, the guardian of the minor can submit any one document out of Aadhaar card, ration card, passport, driving license.
  • For address proof, a copy of Aadhaar card, post office passbook, property registration documents or original residence certificate will have to be submitted.

Click Here For Latest Updates On Stock Market | Zee Business Live

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Personal FinancePAN card
Written By: Shivani Tiwari
Edited By: Abhinav Ranjan
Updated: Fri, Dec 30, 2022
03:00 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
World Environment Day 2023: A look at top ESG funds in India World Environment Day 2023: A look at top ESG funds in India
Punjab National Bank raises MCLR: Loans, EMIs to get costlier Punjab National Bank raises MCLR: Loans, EMIs to get costlier
State Bank of India: How to open a PPF account on SBI State Bank of India: How to open a PPF account on SBI
Loan against insurance: What is it and how does it work? Loan against insurance: What is it and how does it work?
This pension scheme has given nearly 9% return since inception; take a look This pension scheme has given nearly 9% return since inception; take a look

LATEST NEWS

NIRF Ranking 2023: List of top law colleges in India

Odisha train accident: First train chugs out of accident affected section in Balasore

Anil Singhvi strategy June 5: Important levels to track in Nifty, Nifty Bank today

Shiv Narayan Jewellers makes history by achieving 8 Guinness World Records titles

Hardwyn India shares go ex-bonus, ex-stock split

Smartphone buyers prefer chipset from MediaTek, Qualcomm and Apple: Report

AI artificial intelligence nearly 4000 people layoffs USA may period challenger gray and Christmas

Apple WWDC 2023 date and time: How to watch the event online

World Environment Day 2023: Theme, slogans and quotes to share with friends and family

Survivors share horrific details of Balasore triple train accident

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV