CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Income Tax Department has launched an ’instant’ Aadhaar-based PAN allotment service. PAN contains how many digits?
A
9
B
11
C
10
D
12
Explanation: 

Detailed explanation-1: -Once the process is complete, a 15-digit acknowledgment number is generated. Once request is submitted, the applicant can check the status of the request at any time by providing her/his valid Aadhaar number and on successful allotment can download the PAN.

Detailed explanation-2: -PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in the form of a laminated plastic card (commonly known as PAN card). Last character, i.e., the tenth character is an alphabetic check digit. Thus, option (c) is the correct option.

Detailed explanation-3: -2022. As on 24-01-2022, the total number of Permanent Account Numbers (PANs) linked with Aadhaar is 43, 34, 75, 209.

Detailed explanation-4: -If you have not been allotted a PAN, you can generate your e-PAN with the help of your Aadhaar and a mobile number registered with your Aadhaar. Generating e-PAN is free of cost, online process and does not require you to fill up any forms.

Detailed explanation-5: -Previously, applying for a PAN card was a time-consuming and inconvenient procedure, with the applicant obtaining the card after a lengthy wait. The government has now implemented a streamlined method in which applicants will obtain their PAN card in 48 hours after filing their application.

There is 1 question to complete.