A PAN card (Permanent Account Number) is an essential document for financial transactions in India. Understanding the fee structure for obtaining or updating a PAN card is crucial. Here’s everything you need to know about the PAN card fee in 2024:
1. PAN Card Application Fee
- For individuals residing in India, the application fee for a PAN card is ₹107 (excluding GST).
- For individuals residing outside India, the application fee is ₹989 (excluding GST).
2. Reprint of PAN Card
- The fee for reprinting a PAN card is ₹107 (excluding GST) for individuals residing in India.
- For individuals residing outside India, the fee for reprinting a PAN card is ₹989 (excluding GST).
3. Changes or Correction in PAN Card
- The fee for changes or correction in PAN card details is ₹107 (excluding GST) for individuals residing in India.
- For individuals residing outside India, the fee for changes or correction in PAN card details is ₹989 (excluding GST).
4. Payment Methods
- The fee for a PAN card can be paid online through the NSDL or UTIITSL website using credit/debit cards, net banking, or UPI.
- For offline applications, the fee can be paid through demand draft, cheque, or cash at PAN application centers.
5. Exemptions and Discounts
- There are certain exemptions and discounts available for specific categories, such as senior citizens and individuals with disabilities. These exemptions are subject to the rules and regulations set by the Income Tax Department.
Conclusion
Understanding the PAN card fee structure for 2024 is essential for individuals planning to apply for a new PAN card, reprint an existing one, or make changes or corrections to their PAN card details. By staying informed about the fee structure, you can ensure a smooth and hassle-free application process.
For further Inquires Contact Us
FAQs
- What is the fee for applying for a PAN card in 2024?
- The fee for applying for a PAN card is ₹107 (excluding GST) for individuals residing in India and ₹989 (excluding GST) for individuals residing outside India.
- How much does it cost to reprint a PAN card in 2024?
- The fee for reprinting a PAN card is ₹107 (excluding GST) for individuals residing in India and ₹989 (excluding GST) for individuals residing outside India.
- What is the fee for making changes or corrections to a PAN card in 2024?
- The fee for changes or corrections in PAN card details is ₹107 (excluding GST) for individuals residing in India and ₹989 (excluding GST) for individuals residing outside India.
- How can I pay the PAN card fee in 2024?
- The PAN card fee can be paid online through the NSDL or UTIITSL website using credit/debit cards, net banking, or UPI. Offline payments can be made through demand draft, cheque, or cash.
- Are there any exemptions or discounts available for the PAN card fee in 2024?
- There are certain exemptions and discounts available for specific categories, such as senior citizens and individuals with disabilities, subject to the rules and regulations of the Income Tax Department.