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Planning to start a business? Center says PAN card is mandatory

New Delhi: PAN number has been made the identification document of all industrial enterprises
Center’s proposal to change Industry ranking of states
This is included in the new criteria for determination.
Permission from various departments will be required to start the venture.
Making PAN a single number to use in all this.

PAN number is also required for obtaining concessions from central and state levels
It will be converted into the public number of the enterprise. Center and State to facilitate this
It is also suggested that online portals should be linked. If PAN number is provided
Any department will receive the documents submitted along with it. Each applicant
No need to submit documents again on the spot.
Revenue, Home Affairs, Pollution Control Board, KSEB, Water Authority,
Consumer in application of undertakings in Public Works Department
The number will also change. Consumer number for industrial enterprises
will become PAN number. The central suggestion is to make arrangements in this way.
Henceforth those who start enterprises which are not included in the income limit of income tax
Pancard will be required. Registration, issue of objection, renewal of permission,
Securing necessary documents and all financial benefits as per the scheme
PAN will be considered as identification document for all availment. All
This applies to departments and agencies. Arrangements for that with initiatives
should include related online.

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